Clovis CA Real Estate Market Update 2025
As of April 2025, Clovis, California, presents a dynamic real estate landscape characterized by rising home values, swift sales, and a competitive environment for both buyers and sellers.
Home Prices & Market Activity
The median home value in Clovis stands at approximately $516,909, reflecting a 1.8% increase over the past year. However, other sources indicate a more substantial annual growth, with Redfin reporting a 12% year-over-year rise, bringing the median sale price to $523,500 as of February 2025. Homes are selling rapidly, with properties typically going pending in about 18 days, underscoring the market’s competitiveness.
Inventory & Sales Trends
Inventory levels have seen an uptick, with 364 homes listed for sale in March 2025, marking a 10.6% increase from the previous month. Despite this rise, the market remains tight, as evidenced by the swift pace of sales and the high percentage of homes selling under 30 days. In March, 70% of homes sold within this timeframe, highlighting the urgency for prospective buyers.
Neighborhood Insights
Clovis offers a diverse range of neighborhoods catering to various preferences and budgets. For instance, the Southeast Growth Area boasts a median home value of $703,780, while the Roosevelt neighborhood offers more affordable options with a median value of $332,744. This diversity allows buyers to find communities that align with their lifestyle and financial considerations. FRESyes.com
Rental Market Overview
The rental sector in Clovis is experiencing growth, with the average rent reaching $2,298 as of March 2025, a 3.7% increase from the previous year. This upward trend in rental prices reflects the city’s desirability and the demand for housing, making it an attractive market for real estate investors.
Outlook for Buyers and Sellers
For sellers, the current market conditions are favorable, with rising home values and quick sales. Buyers, on the other hand, should be prepared for a competitive environment, where acting swiftly and making strong offers can be crucial. Given the market’s dynamics, consulting with a local real estate professional can provide valuable insights and guidance tailored to individual needs.
