92274 Home Values & Market Trends

There are 36 homes currently listed for 92274. 92274 real estate market trends show that home prices range from $150,000 to $5,000,000, and the median sales price in the 92274 zip code is $312,751.57. The total number of properties sold within the past twelve months is 152. In 92274, 7 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 92274

Apr 2023March 2024Change
Median Listing Price$324.5K$298.9K-7.90%
Median Sold Price$250.9K$298.9K19.11%
Homes For Sale323715.63%
Homes Sold9582-13.68%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 92274

The median list price of a home in Thermal, is $312,751.57. A total of 36 properties are for sale, and the percentage of properties for sale in the zip code is 36.00%. The total count of 92274 properties is 4,155.

Foreclosure
There is 1 cities within 92274; within this cities, the median estimated home value for homes in foreclosure ranges from $438,300 in thermal to the lowest value of $269,400 in thermal. Foreclosure homes account for 0.00% of properties in 92274 with thermal containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.12% of all residential properties in 92274 with thermal containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92274; of that cities, the estimated home value for pre-foreclosure homes ranges from $438,300 in thermal to the lowest home value of $287,400 in thermal.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 92274 ranges from the highest value of $334,500 in thermal to the lowest value of $269,400 in thermal. Bank owned homes and properties account for 0.05% of properties in 92274. There is 1 cities within 92274; thermal containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 92274. Auction homes and other auction properties account for 0% of all properties in 92274. There is 1 cities within 92274; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.87% of residential properties in 92274 with thermal containing 36 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 92274; homes for sale in that cities, have a range of median values from $3,750,000 in thermal to the lowest value of $119,300 in thermal.
    Sold Homes
    The median value for recently sold homes ranges from $3,883,875 in thermal to the lowest price of $130,729 in thermal. There is 1 cities within 92274. thermal has 75 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.81% of properties in 92274.

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      Guide for 92274

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      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Market Trend Report For Bakersfield, California – March 2024
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      This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.

      Recently Listed Homes 92274

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