$68,000
2340 Sanguinetti Ln Spc 54
August, CA
2 bd1 ba720 sqft$94/ft²
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Sarah Mitchell
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Compass Real Estate · August, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
August, CA(512) 555-0184TX License #0512847
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August, CA Housing Market
Balanced market-4.1% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The typical home in August, CA is worth $317,487, fell 4.1% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $325,000, -11.0% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 68 days, August is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $317,487 home is about $1,632/mo in principal and interest.
Key numbers for August, CA
Typical home value
$317,487
-4.1% in 12 months
Zillow, July 2026
Median sale price
$325,000
-11.0% year over year
Redfin, through May 2026
Days on market
68
Slow-moving
Redfin, through May 2026
Active listings
15
3.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$48,708
Home costs 6.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.8%
Selling below asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is August a buyer's or seller's market?
Balanced market3.0 months of supply68 days on market99.8% of asking
August, CA is a balanced market, based on 3.0 months of supply and homes selling in about 68 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the August housing market data show?
Every row below is Redfin's final published month for August, CA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Median list price | $337,000 |
| Year-over-year price change | -11.0% |
| Median price per sq ft | $429/sq ft |
| Median days on market | 68 days |
| Active inventory | 15 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 99.8% |
| Homes sold (that month) | 5 |
| New listings (that month) | 8 |
| Listings with a price cut | 20.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for August is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in August is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have August home prices moved?
Over the last three years the median sale price in August, CA rose 18.2%, from $275,000 to $325,000. The live Zillow value series has fell 4.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 20.0% of August listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 99.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get August market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in August?
Priced off the typical home value of $317,487 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $63,497 | $253,990 | $1,632/mo |
| 5% | $15,874 | $301,613 | $1,938/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,632, that implies roughly $69,952 a year before you add taxes and insurance. The median household in August earns $48,708, about $21,244 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in August in the next 12 months?
Tell us your timeline. We send the August market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in August?
Zillow does not publish a rent index (ZORI) for August, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in August?
Active listings in August, CA went from 13 in April 2025 to 15 in May 2026, a +15.4% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 14 | 6 |
| June 2025 | 12 | 4 |
| July 2025 | 13 | 7 |
| August 2025 | 11 | 5 |
| September 2025 | 13 | 4 |
| October 2025 | 13 | 1 |
| November 2025 | 10 | 1 |
| December 2025 | 11 | 7 |
| February 2026 | 14 | 4 |
| March 2026 | 10 | 2 |
| April 2026 | 10 | 4 |
| May 2026 | 15 | 8 |
Redfin, through May 2026
How does August compare to California and the U.S.?
August homes sell for $325,000 — 63% below the California median of $887,400. Against the national median of $410,700, August runs 21% lower. Year-over-year, August moved -11.0% against California's +3.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| August, CA | $325,000 | -11.0% | 68 days |
| California statewide | $887,400 | +3.4% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in August
What buyers should watch
- Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 20.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $306 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $317,487 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median August listing goes under contract in 68 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month August added 8 new listings against 5 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -4.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside August varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in August
There are currently 15 homes listed for sale in August, California. The median listing price is $337K. Featured listings range from $68,000 to $544,000.
$210,000
1141 N E St
August, CA
2 bd1 ba988 sqft$213/ft²
House5,001 sqft lot
View photos & details
$271,000
2337 E Alpine Ave
August, CA
2 bd1 ba770 sqft$352/ft²
House5,998 sqft lot
View photos & details
$300,000
1446 Rhode Island Ave
August, CA
3 bd1 ba1,135 sqft$264/ft²
House8,581 sqft lot
View photos & details
$321,000
2525 Vail Ave
August, CA
2 bd1 ba728 sqft$441/ft²
House5,001 sqft lot
View photos & details
$325,000
1647 N Gilchrist Ave
August, CA
3 bd1 ba1,065 sqft$305/ft²
House5,000 sqft lot
View photos & details
$330,000
2341 McComb Ave
August, CA
2 bd1 ba770 sqft$429/ft²
House5,149 sqft lot
View photos & details
$335,000
1551 Chronicle Ave
August, CA
2 bd1 ba816 sqft$411/ft²
House5,998 sqft lot
View photos & details
$349,999
2854 Belle Ave
August, CA
5 bd3 ba672 sqft$521/ft²
Multi-family7,714 sqft lot
View photos & details
$429,500
1606 Sunset Ave
August, CA
3 bd2 ba1,300 sqft$330/ft²
House3,825 sqft lot
View photos & details
$459,500
2379 E Willow St
August, CA
3 bd3 ba1,865 sqft$246/ft²
House2,548 sqft lot
View photos & details
$544,000
1306 N Filbert St
August, CA
4 bd1,600 sqft$340/ft²
Multi-family6,200 sqft lot
View photos & details
Looking to buy in August?
Get connected with a local real estate expert — free, no obligation.
Active listings
15
Homes on market
Median list price
$337K
Avg. days on market
68
Days until sale
New this week
8
Newly listed
Price drops:20.0%of listings
Sale-to-list:99.8%
How much do homes cost in August by property type?
How the August, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $290,000 | $380/sq ft | 4 | 64 days |
Who lives in August?
American Community Survey estimates for August. U.S. Census ACS, 2023
Population
8,471
Households
2,240
Median income
$48,708/yr
Median age
27.3 years
Owner-occupied
53.7%
Median home value
$267,600
Median gross rent
$1,133/mo
Mean commute
48.7 min
53.7% of occupied homes in August are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $267,600 against Zillow's $317,487 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near August, CA?
Ordered by distance from August, not by size. Compare August side by side with any of them.
August housing market FAQ
Is August a buyer's or seller's market?
August, CA is currently a balanced market. That read comes from 3.0 months of supply, homes going under contract in about 68 days, and sellers getting 99.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in August?
The typical home in August, CA is worth $317,487 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $325,000, about $429 per square foot.
Is August cheaper than the rest of California?
August's median sale price of $325,000 is 63% lower than the California statewide median of $887,400, and 21% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in August?
Homes in August, CA spent a median of 68 days on market before going under contract, versus 33 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in August?
At the current 30-year fixed rate of 6.66%, 20% down on a $317,487 home is about $1,632 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $69,952 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $48,708.
Are home prices rising in August?
The typical home value in August, CA fell 4.1% over the last 12 months, from $331,078 to $317,487 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in August?
August ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in August?
That depends on your timeline, not on a headline. What the data says today: August, CA is a balanced market with 3.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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