Is Hopland, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hopland was a Neutral Market.
Key Takeaway
Hopland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hopland, CA
How much do homes in Hopland, CA cost?
Median Sold Price
$764,750
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hopland have sold for 23.3% more than they did a year ago.
Summary: The median home sold price in Hopland was $764,750 in May 2024, up 23.3% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $620K | - | N/A |
| 2 Bedrooms | $535K | $964.5K | +80.3% |
| 3 Bedrooms | $2.3M | $654.7K | -72.3% |
| 4 Bedrooms | $470K | $880K | +87.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hopland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.3%, 3 bedroom homes decreased by 72.3%, 4 bedroom homes increased by 87.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hopland | $620K | $764.7K | +23.3% |
| Cloverdale-Geyserville | $660K | $690K | +4.5% |
| Kelseyville | $390K | $375K | -3.8% |
| Mendocino | $875K | $810K | -7.4% |
Housing Supply in Hopland, CA
How many homes are available in Hopland, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Hopland real estate market had 8 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hopland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopland, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Hopland in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hopland, CA
We’re sorry, we don't have information for this market at the moment
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