Porterville, CA Home Values & Market Trends
Real estate market trends reflect that there have been 587 transactions over the past year in Porterville. The median value for residential home transactions that occurred over the previous year is $311,149.41. The number of current listings in Porterville is 65, and the percentage of properties for sale in the city is 65.00%. Porterville, CA currently has 56 properties in foreclosure, 2 bank owned properties, 6 properties headed for auction, and 65 properties for sale.
Porterville, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 93257 | $ 307,288 $ 195/sqft |
Housing Market Summary for Porterville, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349K | $301.8K | -13.52% |
| Median Sold Price | $268.6K | $301.8K | 12.34% |
| Homes For Sale | 49 | 56 | 14.29% |
| Homes Sold | 402 | 464 | 15.42% |
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 Porterville, CA
Browse Homes in Porterville, CA
Porterville home values range from $48,185 to $1,227,083. The median estimated value of a home in Porterville is $311,149.41. The median list price of a home is 334,900, and the total count of properties in the city is 18,041.
- Pre-ForeclosurePre-foreclosure homes account for 0.27% of all residential properties in Porterville, CA with 93257 containing 50 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Porterville, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $757,800 in 93257 to the lowest home value of $179,700 in 93257.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Porterville, CA ranges from the highest value of $280,700 in 93257 to the lowest value of $275,500 in 93257. Bank owned homes and properties account for 0.01% of properties in Porterville, CA. There is 1 zips within Porterville, CA; 93257 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions93257 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Porterville, CA. Auction homes and other auction properties account for 0.03% of all properties in Porterville, CA. There is 1 zips within Porterville, CA; of that zips, the median estimated home value for homes going to auction ranges from $498,250 in 93257 to the lowest value of $207,663 in 93257.
Compare Nearby Cities
More Real Estate Resources for Porterville, CA
Guide for Porterville, CA
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.
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.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.
