Ridgecrest, CA Home Values & Market Trends
Real estate market trends reflect that there have been 609 transactions over the past year in Ridgecrest. The median value for residential home transactions that occurred over the previous year is $264,022.58. The number of current listings in Ridgecrest is 108, and the percentage of properties for sale in the city is 108.00%. Ridgecrest, CA currently has 38 properties in foreclosure, 7 bank owned properties, 5 properties headed for auction, and 108 properties for sale.
Ridgecrest, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 93555 | $ 267,625 $ 172/sqft |
Housing Market Summary for Ridgecrest, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $270K | $264.3K | -2.13% |
| Median Sold Price | $256.4K | $264.3K | 3.08% |
| Homes For Sale | 120 | 111 | -7.50% |
| Homes Sold | 359 | 380 | 5.85% |
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 Ridgecrest, CA
Browse Homes in Ridgecrest, CA
Ridgecrest home values range from $31,713 to $1,372,425. The median estimated value of a home in Ridgecrest is $264,022.58. The median list price of a home is 272,500, and the total count of properties in the city is 12,504.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in Ridgecrest, CA with 93555 containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ridgecrest, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $411,500 in 93555 to the lowest home value of $159,900 in 93555.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ridgecrest, CA ranges from the highest value of $340,750 in 93555 to the lowest value of $174,862 in 93555. Bank owned homes and properties account for 0.06% of properties in Ridgecrest, CA. There is 1 zips within Ridgecrest, CA; 93555 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions93555 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Ridgecrest, CA. Auction homes and other auction properties account for 0.04% of all properties in Ridgecrest, CA. There is 1 zips within Ridgecrest, CA; of that zips, the median estimated home value for homes going to auction ranges from $512,750 in 93555 to the lowest value of $109,900 in 93555.
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Guide for Ridgecrest, CA
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