#OC25037769, Joseph Binh Duong, Listing Office: Advance Estate Realty
Garden Grove Housing Market Report January 2025•Orange County, California
Housing Prices in Garden Grove, CA
How much do homes in Garden Grove, CA cost?
Housing Market Conditions
Is Garden Grove, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Garden Grove is a Seller's Market
Difference Since January 2024
Since last year, Garden Grove has remained a Seller's Market.
Garden Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Garden Grove have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Garden Grove was $930,609 in January 2025, up 9.5% from last year, and the median price per square foot was $607.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Fountain Valley | $1.1M | $1.3M | +14.2% |
Garden Grove | $850.1K | $930.6K | +9.5% |
Westminster | $973K | $1.0M | +7.9% |
North Coast | $1.0M | $1.1M | +7.6% |
Stanton | $645K | $661K | +2.5% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $427.5K | $445K | +4.1% |
22 Bedrooms | $550K | $591.2K | +7.5% |
33 Bedrooms | $852K | $930.5K | +9.2% |
44 Bedrooms | $945K | $1.0M | +13.8% |
55+ Bedrooms | $1.2M | $1.2M | +1.3% |
Summary: Garden Grove housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.1%. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +9.2%. The home price for 4 bedroom homes increased by +13.8%. The home price for 5 bedroom homes increased by +1.3%.
Housing supply in Garden Grove, CA
How many homes are available in Garden Grove, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
148Last MonthJan 2025 | ||
1622 months agoDec 2024 | -8.6 % Change MoMDec – Jan |
Summary: The Garden Grove real estate market had 148 homes for sale in Jan 2025, a 8.6 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
37Last MonthJan 2025 | ||
562 months agoDec 2024 | -33.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 9 | 10 | +11.1% |
22 Bedrooms | 27 | 25 | -7.4% |
33 Bedrooms | 74 | 61 | -17.6% |
44 Bedrooms | 34 | 30 | -11.8% |
55+ Bedrooms | 18 | 22 | +22.2% |
Summary: Garden Grove housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +11.1%. The inventory for 2 bedroom homes decreased by -7.4%. The inventory for 3 bedroom homes decreased by -17.6%. The inventory for 4 bedroom homes decreased by -11.8%. The inventory for 5 bedroom homes increased by +22.2%.
Asking Price vs. Sold Price
How much do homes in Garden Grove, CA cost?
Over Asking Price20 Homes
At Asking Price1 Home
Under Asking Price16 Homes
If you're buying a home in Garden Grove, you could pay more than the asking price. 54.1% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Garden Grove in January 2025, down by 33.9% month-over-month. Of the 37 sold homes, 43% were sold under asking, 3% were sold at asking, and and 54% were sold over asking.
Days on Market for Garden Grove, CA
How long does it take to sell a home in Garden Grove, CA?
Breakdown of Home Sale Times
Under 30 Days25 Homes
30 – 90 Days11 Homes
Over 90 Days1 Home
Many homes in Garden Grove are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 37 homes were sold in Garden Grove; 68% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
26 DaysThis YearJan 2025 | ||
26 Days1 year agoJan 2024 | -1.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Garden Grove had an average listing age of 26 days in Jan 2025, down by 1.0% compared to the previous year.
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Newest Listings in Garden Grove, CA
What homes are available in Garden Grove, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 02/01/2023 - 02/01/2025
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.