92407 Home Values & Market Trends
There are 55 homes currently listed for 92407. 92407 real estate market trends show that home prices range from $55,000 to $2,698,000, and the median sales price in the 92407 zip code is $528,578.53. The total number of properties sold within the past twelve months is 521. In 92407, 59 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.
Housing Market Summary for 92407
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $560K | $532.8K | -4.86% |
| Median Sold Price | $520.1K | $532.8K | 2.43% |
| Homes For Sale | 59 | 61 | 3.39% |
| Homes Sold | 398 | 376 | -5.53% |
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 92407
Browse Homes in 92407
The median list price of a home in San Bernardino, is $528,578.53. A total of 55 properties are for sale, and the percentage of properties for sale in the zip code is 55.00%. The total count of 92407 properties is 15,269.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in 92407 with san bernardino containing 175 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92407; of that cities, the estimated home value for pre-foreclosure homes ranges from $946,300 in san bernardino to the lowest home value of $193,900 in san bernardino.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 92407 ranges from the highest value of $607,300 in san bernardino to the lowest value of $385,300 in san bernardino. Bank owned homes and properties account for 0.01% of properties in 92407. There is 1 cities within 92407; san bernardino containing 4 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssan bernardino has 32 auction properties, the highest number of properties going to auction in a single city in the state of 92407. Auction homes and other auction properties account for 0.06% of all properties in 92407. There is 1 cities within 92407; of that cities, the median estimated home value for homes going to auction ranges from $779,250 in san bernardino to the lowest value of $288,000 in san bernardino.
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Guide for 92407
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.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.
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’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
