Tuesday, January 21, 2020

Manteca CA Home Prices & Home Values

On average, homes in Modesto sell after 33 days on the market compared to 9 days last year. There were 155 homes sold in November this year, down from 235 last year. The District of Columbia has the country's third-highest home prices and its lowest homeownership rate.

median home price manteca ca

The typical home in Idaho costs $466,435 and measures 1,932 square feet. However, homeownership is also high, with 70.4% of residents owning their homes. The median home in Hawaii is smaller than the national average while costing a great deal more. The median home in Hawaii is 1,300 square feet, approximately 70% of the national median of 1,800 square feet.

Local Insights About Manteca, CA

If you wish to report an issue or seek an accommodation, please let us know. Click on the risks below to learn which exist in Manteca today and how they’ll change by 2050.

The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listed Homes Nearby

The average sale price per square foot in Modesto is $277, up 0.0% since last year. Homes in Manteca receive 1 offers on average and sell in around 46 days. The average sale price of a home in Manteca was $550K last month, down 11.4% since last year. The average sale price per square foot in Manteca is $302, down 2.7% since last year. In the last 10 years, Manteca has experienced some of the highest home appreciation rates of any community in the nation.

median home price manteca ca

While we are constantly working to improve, we welcome your feedback and accommodation requests. If you are having difficulty accessing or navigating our website, or if you have any suggestions to improve accessibility, please email our team. For a simple, stress-free transaction, consider selling to pre-approved iBuyers ready to make offers on your home.

Average Listing Age

Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests.

Many homes get multiple offers, some with waived contingencies. So, it's about as reasonable as looking at any US-aggregated data. I also trust the underlying indices to get us in the actual market's ballpark. Shiller's monthly data started in 1953; we merely have a yearly home value resolution before then.

What is the median home price in Manteca?

Housing market information is provided by Altos Research, Inc. based on analysis of all active market properties for sale in the US in the preceding week. All analytics are copyright Altos Research and not affiliated with any MLS. Can sell for about 1% above list price and go pending in around 26 days.

Based on the last twelve months, short-term real estate investors have found good fortune in Manteca. Manteca appreciation rates in the latest quarter were at 2.85%, which equates to an annual appreciation rate of 11.90%. The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service in which this real estate broker participates.

Recently sold homes

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Manteca differ in their investment potential, sometimes by a great deal. A typical home in Arkansas costs $169,867 and measures 1,792 square feet. Homeownership in the state is slightly higher than the national average, with 66.5% of residents owning their homes.

The median income for an individual is $37,696, which is 2% more than that of the state. Relative to California, our data show that Manteca's latest annual appreciation rate is higher than 70% of the other cities and towns in California. The average homes sell for about 2% below list price and go pending in around 29 days. The average homes sell for about 2% below list price and go pending in around 32 days. Expand this block to see the historical median price of single family homes in the United States.

Median Home Price in Manteca, CA

Note that your household composition and home ownership status (renting vs. owning) might affect your monthly expenses. Manteca is part of Stockton-Lodi Metro metro area, which is ranked 30 out of 273 cities across the US in terms of cost of living. According to C2ER , the cost of living in Manteca is estimated to be 118.4% of the national average making it one of the more expensive cities in the US.

median home price manteca ca

According to Federal Reserve Economic Data, the median price of houses sold in 2022 is $428,700. The average sales price in the same period is higher, at $507,800. The Zillow Home Value Index, which measures only the middle price tiers of homes, sets the cost of a typical home in the United States at $344,141. Home values increased 20% in the twelve months between April 2021 and May 2022. Meanwhile, the median household income in the United States is $67,521 a year. This means the median family can only afford a mortgage of around $250,000 and may find themselves being priced out of owning a home.

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