Ivanhoe Housing Market Report – March 2026

By Jessica

Here's a look at how the Ivanhoe, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 3
  • Median Sale Price: $110,000
  • Average Sale Price: $155,000
  • Average Price Per Sq Ft: $213
  • Average Days on Market: 147
  • Sale-to-List Price Ratio: 92.0%

Month-Over-Month Trends

Compared to February, the median sale price in Ivanhoe moved 44.9% down (from $199,500 to $110,000). The number of homes sold was 50.0% up compared to the prior month (2 vs. 3). Average days on market shifted 286.8% up (38 days to 147 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 91.0% down (from $1,216,400 to $110,000). Sales volume is 0.0% down year-over-year.

What This Means

Ivanhoe's real estate market is sending mixed signals this March. While sales activity ticked up to three homes with one more transaction than February, the median price took a dramatic nosedive—down nearly 45 percent month-over-month to $110,000. That's a striking drop, especially when you consider the year-over-year plunge of 91 percent. This suggests the current sales are pulling from a different inventory tier than what typically moves in this rural Kern County area, likely the two land parcels and one single-family home that closed this month.

The concerning part? Properties are sitting on the market far longer. Average days on market nearly quadrupled from 38 to 147 days, which signals reduced buyer demand or possible pricing misalignment between what sellers expect and what the market will bear. The active listings tell a similar story: five properties averaging 254 days on market with a median asking price of $669,000—a significant gap from what's actually selling. This disconnect suggests either overpriced inventory or a market where buyers simply aren't showing up in volume.

For Ivanhoe specifically, this appears to be a slower, more selective market where the right property at the right price will eventually find a buyer, but patience is required.

Ivanhoe Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
93235 3 $110,000 $213 147

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
LAND 2 $110,000 N/A
SINGLE_FAMILY 1 $245,000 $213

Sales by Price Range

Price Range Homes Sold
$100K - $199K 2
$200K - $299K 1

Current Active Listings

As of this report, there are 5 active listings in Ivanhoe with a median asking price of $669,000 and an average of 254 days on market.

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