California City Housing Market Report – May 2026
Here's a look at how the California City, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 41
- Median Sale Price: $21,000
- Average Sale Price: $126,156
- Average Price Per Sq Ft: $184
- Average Days on Market: 119
- Sale-to-List Price Ratio: 93.0%
Month-Over-Month Trends
Compared to April, the median sale price in California City moved 91.6% down (from $250,000 to $21,000). The number of homes sold was 20.6% up compared to the prior month (34 vs. 41). Average days on market shifted 4.8% down (125 days to 119 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 82.6% down (from $121,000 to $21,000). Sales volume is 14.6% down year-over-year.
What This Means
California City's real estate market is showing some confusing signals this May, and the data reveals why careful analysis matters. The dramatic 91.6% month-over-month drop in median price—from $250,000 to $21,000—is almost certainly a data artifact rather than a genuine market crash. This likely reflects that April's reported sales included higher-value properties that weren't fully captured in the previous incomplete data collection. What's more meaningful is the year-over-year median price decline of 82.6%, suggesting sustained downward pressure on property values over the longer term.
The more reliable indicators here are days on market and the sale-to-list ratio. Properties are selling slightly faster at 119 days average, and the 93% sale-to-list price ratio shows homes are fetching near asking price, which suggests reasonable market equilibrium rather than distress. However, the massive inventory overhang—1,113 active listings with a median asking price of just $15,000 and average 312 days on market—points to a sluggish, buyer's market. The property mix being mostly land (58% of sales) also suggests limited single-family home availability.
Overall, California City remains a slow market with plenty of supply and weak demand, particularly for residential properties.
California City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93505 | 41 | $21,000 | $184 | 119 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| LAND | 24 | $10,500 | N/A |
| SINGLE_FAMILY | 16 | $257,500 | $188 |
| CONDOS | 1 | $75,000 | $111 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 22 |
| $100K - $199K | 4 |
| $200K - $299K | 9 |
| $300K - $399K | 6 |
Current Active Listings
As of this report, there are 1,113 active listings in California City with a median asking price of $15,000 and an average of 312 days on market.
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