Is Adelanto, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adelanto is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Adelanto was a Seller's Market.

Key Takeaway

Adelanto is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Adelanto, CA

How much do homes in Adelanto, CA cost?

Median Sold Price

$400,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,666(+8.6%)

Key Takeaway

Homes in Adelanto have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Adelanto was $400,000 in November 2024, up 8.6% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $117.5K$181.9K
+54.8%
2 $265K$305K
+15.1%
3 $351K$375K
+6.8%
4 $385.5K$420K
+8.9%
5+ $420K$440K
+4.8%

Summary: Adelanto housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.8%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Adelanto
+8.6%
Victorville-Hesperia
+6.9%
Victorville
+6.8%
Phelan
+4.0%

Housing Supply in Adelanto, CA

How many homes are available in Adelanto, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97109+12.4%

Summary: The Adelanto real estate market had 109 homes for sale in November 2024, a 12.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 78
+14.3%
3 3748
+29.7%
4 3740
+8.1%
5+ 1311
-15.4%

Summary: The Adelanto housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 29.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adelanto, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Adelanto in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.

Days on Market for Adelanto, CA

How long does it take to sell a home in Adelanto, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days33 Days-3.0%

Summary: Homes in Adelanto had an average of 33 days on market in Nov 2024, down by 3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adelanto are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Adelanto; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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