Cathedral City, CA Home Values & Market Trends
Real estate market trends reflect that there have been 828 transactions over the past year in Cathedral City. The median value for residential home transactions that occurred over the previous year is $506,190.66. The number of current listings in Cathedral City is 287, and the percentage of properties for sale in the city is 287.00%. Cathedral City, CA currently has 47 properties in foreclosure, 4 bank owned properties, 6 properties headed for auction, and 287 properties for sale.
Cathedral City, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 92234 | $ 529,900 $ 306/sqft |
Housing Market Summary for Cathedral City, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $399K | $507.6K | 27.22% |
| Median Sold Price | $506.3K | $507.6K | 0.27% |
| Homes For Sale | 185 | 273 | 47.57% |
| Homes Sold | 645 | 609 | -5.58% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cathedral City, CA
Browse Homes in Cathedral City, CA
Cathedral City home values range from $102,990 to $1,995,000. The median estimated value of a home in Cathedral City is $506,190.66. The median list price of a home is 365,000, and the total count of properties in the city is 18,915.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Cathedral City, CA with 92234 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cathedral City, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $864,500 in 92234 to the lowest home value of $248,700 in 92234.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cathedral City, CA ranges from the highest value of $749,000 in 92234 to the lowest value of $531,500 in 92234. Bank owned homes and properties account for 0.02% of properties in Cathedral City, CA. There is 1 zips within Cathedral City, CA; 92234 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92234 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Cathedral City, CA. Auction homes and other auction properties account for 0.03% of all properties in Cathedral City, CA. There is 1 zips within Cathedral City, CA; of that zips, the median estimated home value for homes going to auction ranges from $748,250 in 92234 to the lowest value of $300,500 in 92234.
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Guide for Cathedral City, CA
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