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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hesperia is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hesperia has remained a Seller's Market.

Key Takeaway

Hesperia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hesperia, CA

How much do homes in Hesperia, CA cost?

Median Sold Price

$457,781

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,781(+7.7%)

Key Takeaway

Homes in Hesperia have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Hesperia was $457,781 in October 2024, up 7.7% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $270K$242.5K
-10.2%
2 $330K$365K
+10.6%
3 $405.7K$430K
+6.0%
4 $480K$514.5K
+7.2%
5+ $500K$538.5K
+7.7%

Summary: Hesperia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Hesperia
+7.7%
Victorville
+7.0%
Victorville-Hesperia
+6.3%
Apple Valley
+5.0%
Lake Arrowhead
-1.3%

Housing Supply in Hesperia, CA

How many homes are available in Hesperia, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
354356+0.6%

Summary: The Hesperia real estate market had 356 homes for sale in October 2024, a 0.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2120
-4.8%
3 176168
-4.5%
4 127138
+8.7%
5+ 3030
0.0%

Summary: The Hesperia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8261-25.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

21 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. 34.4% of homes here sold above asking price last month.

Summary: A total of 61 homes were sold or pending in Hesperia in October 2024, down by 25.6% month-over-month. Of the 61 sold homes, 33% were sold under asking, 33% were sold at asking, and 34% 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

Oct 2023Oct 2024CHANGE
24 Days36 Days+53.9%

Summary: Homes in Hesperia had an average of 36 days on market in Oct 2024, up by 53.9% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 61 homes were sold in Hesperia; 59% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 7% 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 16 Days Ago

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