Is Armona, CA 93202 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Armona is a seller’s market. With about 1.1 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.1Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$283▲ +24.4% vs. last year

The Armona housing market right now

In the three months ending August 31, 2026, 50% of homes in Armona, CA 93202 sold above their list price, the typical home went under contract in 28 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 71%, homes sold more slowly (9 days then) and the median sale price held steady to $314,864. Overall, Armona is less competitive than a year ago, which gives buyers more room.

Within Kings County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.

Nearby, buyers who want less competition could look at Stratford 93266 (0% sold over asking) or Kettleman City 93239 (0% sold over asking), while Avenal 93204 (67% sold over asking) is even more competitive.

Nearby markets

Avenal 93204Buyer’s market $190 /sq ftCorcoran 93212Buyer’s market $214 /sq ftHanford 93230Seller’s market $237 /sq ftKettleman City 93239 $244 /sq ft Browse all markets →

Where Armona is

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Questions about Armona real estate

Is Armona a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Armona, CA 93202 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Armona?

The typical home went under contract in 28 days in the latest three months.

Do homes in Armona sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What are property taxes in Armona?

About 1.15% of a home’s value a year in Kings County, or roughly $4,600 on a $400,000 home.

What is the median home price in Armona?

The median sale price was $314,864 in the three months ending August 31, 2026, about $283 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology