Is South Antelope Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Antelope Valley is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, South Antelope Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in South Antelope Valley, CA

How much do homes in South Antelope Valley, CA cost?

Median Sold Price

$535,028

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,041(+2.7%)

Key Takeaway

Homes in South Antelope Valley have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in South Antelope Valley was $535,028 in December 2024, up 2.7% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $215K$289.9K
+34.9%
2 $369K$395K
+7.0%
3 $460K$485K
+5.4%
4 $550K$574.7K
+4.5%
5+ $640K$692.5K
+8.2%

Summary: South Antelope Valley housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.9%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Cities

La Crescenta
+7.5%
Palmdale
+3.8%
South Antelope Valley
+2.7%
Acton
-0.3%

Housing Supply in South Antelope Valley, CA

How many homes are available in South Antelope Valley, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
638610-4.4%

Summary: The South Antelope Valley real estate market had 610 homes for sale in December 2024, a 4.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 54
-20.0%
2 3228
-12.5%
3 218214
-1.8%
4 273256
-6.2%
5+ 110108
-1.8%

Summary: The South Antelope Valley housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 1.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
116130+12.1%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

44 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Antelope Valley, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.

Summary: A total of 130 homes were sold or pending in South Antelope Valley in December 2024, up by 12.1% month-over-month. Of the 130 sold homes, 42% were sold under asking, 25% were sold at asking, and 34% were sold over asking.

Days on Market for South Antelope Valley, CA

How long does it take to sell a home in South Antelope Valley, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
34 Days48 Days+41.5%

Summary: Homes in South Antelope Valley had an average of 48 days on market in Dec 2024, up by 41.5% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 130 homes were sold in South Antelope Valley; 43% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 15% 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 4 Days Ago

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