California Housing Market Forecast 2024. The california median home price is forecast to rise 6.2 percent to $860,300 in 2024, following a projected 1.5 percent dip to $810,000 in 2023 from. Corelogic® has released its monthly residential southern california home sales numbers for march 2024.
While price points may be softening in some local markets, the vast majority. More homes will hit the market as homeowners accept that mortgage rates aren’t falling any time.