California Housing Market
Warm MarketHousing market data and trends for California. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$855K
↑ 0.7% YoY
Days on Market
37 days
↑ 5.7% YoY
Active Inventory
69,875
↓ 8.5% YoY
Homes Sold
23,474
↑ 2.6% YoY
Warm Market
The market is active with moderate buyer demand.
California Market Summary
The California housing market is heating up. As of March 2026, the median home sale price is $855K, up 0.7% year-over-year. Homes are spending a median of 37 days on the market, 5.7% longer than a year ago.
There are 69,875 homes for sale — 8.5% fewer than last year. With 3.0 months of supply, this is a seller's market. 36,396 new listings were added during this period, down 0.4% year-over-year.
Homes are selling for 100.4% of their list price on average, indicating buyers are paying above asking. 39.6% of homes sell above their asking price. 25.0% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
57
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 96% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
California Market Trends
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Detailed Market Metrics
Median List Price
$877K
Price per Sq Ft
$519
Sale-to-List Ratio
100.4%
Months of Supply
3.0
Sold Above List
39.6%
Price Drops
25.0%
New Listings
36,396
↓ 0.4% YoY
Pending Sales
29,495
Metro Areas in California
Los Angeles, CA metro area
$913K median
45 days
on market
Riverside, CA metro area
$585K median
54 days
on market
San Diego, CA metro area
$915K median
27 days
on market
Anaheim, CA metro area
$1.26M median
36 days
on market
Sacramento, CA metro area
$585K median
23 days
on market
Oakland, CA metro area
$918K median
15 days
on market
San Jose, CA metro area
$1.64M median
10 days
on market
San Francisco, CA metro area
$1.72M median
13 days
on market
Bakersfield, CA metro area
$385K median
41 days
on market
Fresno, CA metro area
$430K median
45 days
on market
Oxnard, CA metro area
$900K median
47 days
on market
Stockton, CA metro area
$544K median
44 days
on market
Vallejo, CA metro area
$570K median
39 days
on market
Modesto, CA metro area
$475K median
27 days
on market
Santa Rosa, CA metro area
$815K median
36 days
on market
Visalia, CA metro area
$400K median
38 days
on market
Santa Maria, CA metro area
$1.15M median
42 days
on market
San Luis Obispo, CA metro area
$905K median
35 days
on market
Salinas, CA metro area
$870K median
27 days
on market
Redding, CA metro area
$415K median
38 days
on market
San Rafael, CA metro area
$1.50M median
23 days
on market
Merced, CA metro area
$405K median
35 days
on market
Chico, CA metro area
$379K median
41 days
on market
Santa Cruz, CA metro area
$1.27M median
24 days
on market
Yuba City, CA metro area
$453K median
57 days
on market
Truckee, CA metro area
$606K median
53 days
on market
Madera, CA metro area
$429K median
59 days
on market
Hanford, CA metro area
$383K median
18 days
on market
Eureka, CA metro area
$402K median
59 days
on market
Napa, CA metro area
$835K median
62 days
on market
Sonora, CA metro area
$375K median
58 days
on market
Clearlake, CA metro area
$318K median
117 days
on market
Red Bluff, CA metro area
$350K median
89 days
on market
Ukiah, CA metro area
$616K median
184 days
on market
Susanville, CA metro area
$192K median
108 days
on market
El Centro, CA metro area
$378K median
65 days
on market
Crescent City, CA metro area
$410K median
87 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.