Is El Dorado, CA 95623 a buyer’s or seller’s market?
El Dorado is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The El Dorado housing market right now
In the three months ending August 31, 2026, 27% of homes in El Dorado, CA 95623 sold above their list price, the typical home went under contract in 20 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold faster (36 days then) and the median sale price rose 3% to $629,228. Overall, El Dorado is less competitive than a year ago, which gives buyers more room.
Within El Dorado County, homes here sell faster than in 95% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Pilot Hill 95664 (0% sold over asking) or Lotus 95651 (0% sold over asking), while Diamond Springs 95619 (45% sold over asking) and Greenwood 95635 (33% sold over asking) are even more competitive.
Run the numbers for 95623
Nearby markets
Camino 95709Seller’s market $298 /sq ftCool 95614Seller’s market $262 /sq ftDiamond Springs 95619Seller’s market $321 /sq ftEcho Lake 95721Seller’s market $341 /sq ft Browse all markets →Towns like El Dorado nearby
Find towns like El Dorado in other states →Where El Dorado is
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Questions about El Dorado real estate
Is El Dorado a buyer’s or seller’s market?
A buyer’s market: there were 6.1 months of supply in El Dorado, CA 95623 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 El Dorado?
The typical home went under contract in 20 days in the latest three months.
Do homes in El Dorado sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in El Dorado?
About 1.15% of a home’s value a year in El Dorado County, or roughly $4,600 on a $400,000 home.
What is the median home price in El Dorado?
The median sale price was $629,228 in the three months ending August 31, 2026, about $335 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