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Golden State Today

Wednesday, November 6, 2024

Homeland home prices fall in the second quarter of 2019

Realestate077

The median sale price of a home sold in the second quarter of 2019 in Homeland fell by $49,000 while total sales decreased by 40%, according to BlockShopper.com.

From April through June of 2019, there were six homes sold, with a median sale price of $278,500 - a 15% decrease over the $327,500 median sale price for the same period of the previous year. There were 10 homes sold in Homeland in the second quarter of 2018.

The median sales tax in Homeland for the most recent year with available data, 2016, was $2,482, approximately 0.9% of the median home sale price for the second quarter of 2019.

The following table compares Homeland to other Riverside County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Indio358389-8%$313,750$315,000-0.4%
Anza 151136.4%$310,000$250,00024%
Cherry Valley 2128-25%$300,000$301,250-0.4%
San Jacinto2282175.1%$297,500$280,0006.3%
Lakeland Village2223-4.3%$297,000$290,0002.4%
Homeland 610-40%$278,500$327,500-15%
Hemet525551-4.7%$270,000$265,0001.9%
Thousand Palms1219-36.8%$269,500$236,50014%
White Water 3250%$261,500$334,000-21.7%
Coachella5267-22.4%$247,500$250,000-1%
Banning92117-21.4%$242,500$240,0001%

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