Is Walnut, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Walnut has remained a Seller's Market.
Housing Prices in Walnut, CA
How much do homes in Walnut, CA cost?
Median Sold Price
$1,100,000
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walnut was $1,100,000 in April 2024, down 1.7% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $130K | -56.7% |
2 Bedrooms | $617.5K | $575K | -6.9% |
3 Bedrooms | $980K | $945K | -3.6% |
4 Bedrooms | $1.1M | $1.2M | +4.8% |
5+ Bedrooms | $1.6M | $1.6M | -1.1% |
Summary: Walnut housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.7%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
West Covina | $762.7K | $799.1K | +4.8% |
Pomona | $616K | $640.6K | +4.0% |
East San Gabriel Valley | $748K | $774.8K | +3.6% |
Walnut | $1.1M | $1.1M | -1.7% |
Housing Supply in Walnut, CA
How many homes are available in Walnut, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 69 | +4.5% |
Summary: The Walnut real estate market had 69 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The Walnut housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Walnut in April 2024, up by 6.3% month-over-month. Of the 17 sold homes, 35% were sold under asking, 0% were sold at asking, and 65% were sold over asking.
Days on Market for Walnut, CA
How long does it take to sell a home in Walnut, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 13 Days | -76.4% |
Summary: Homes in Walnut had an average of 13 days on market in Apr 2024, down by 76.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Walnut; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.