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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hesperia is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Hesperia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hesperia, CA

How much do homes in Hesperia, CA cost?

Median Sold Price

$459,892

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,942(+8.0%)

Key Takeaway

Homes in Hesperia have sold for 8% more than they did a year ago.

Summary: The median home sold price in Hesperia was $459,892 in November 2024, up 8% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $270K$242.5K
-10.2%
2 $331K$365K
+10.3%
3 $410K$435.1K
+6.1%
4 $485K$510.1K
+5.2%
5+ $505K$550K
+8.9%

Summary: Hesperia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Hesperia
+8.0%
Victorville-Hesperia
+6.9%
Victorville
+6.8%
Apple Valley
+6.2%
Lake Arrowhead
-3.2%

Housing Supply in Hesperia, CA

How many homes are available in Hesperia, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
358332-7.3%

Summary: The Hesperia real estate market had 332 homes for sale in November 2024, a 7.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2622
-15.4%
3 164141
-14.0%
4 139138
-0.7%
5+ 2931
+6.9%

Summary: The Hesperia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 6.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6652-21.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hesperia, you could pay more than the asking price. 55.8% of homes here sold above asking price last month.

Summary: A total of 52 homes were sold or pending in Hesperia in November 2024, down by 21.2% month-over-month. Of the 52 sold homes, 29% were sold under asking, 15% were sold at asking, and 56% were sold over asking.

Days on Market for Hesperia, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days37 Days+23.4%

Summary: Homes in Hesperia had an average of 37 days on market in Nov 2024, up by 23.4% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 52 homes were sold in Hesperia; 54% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 10% 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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