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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victorville-Hesperia is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Victorville-Hesperia, CA

How much do homes in Victorville-Hesperia, CA cost?

Median Sold Price

$436,000

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,000(+6.3%)

Key Takeaway

Homes in Victorville-Hesperia have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Victorville-Hesperia was $436,000 in October 2024, up 6.3% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$154K
-23.0%
2 $311K$341K
+9.6%
3 $390K$411.5K
+5.5%
4 $453.8K$474.7K
+4.6%
5+ $490K$519.1K
+5.9%

Summary: Victorville-Hesperia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 5.9%.

Median Sold Price Compared To Nearby Cities

Adelanto
+9.1%
Victorville
+7.0%
Victorville-Hesperia
+6.3%
Apple Valley
+5.0%

Housing Supply in Victorville-Hesperia, CA

How many homes are available in Victorville-Hesperia, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,6981,748+2.9%

Summary: The Victorville-Hesperia real estate market had 1,748 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1919
0.0%
2 160160
0.0%
3 734745
+1.5%
4 604634
+5.0%
5+ 181190
+5.0%

Summary: The Victorville-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 remained the same, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
358294-17.9%

Asking Price vs. Sold Price

102 Homes Were Sold
Under Asking

75 Homes Were Sold
At Asking

117 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victorville-Hesperia, you could pay more than the asking price. 39.8% of homes here sold above asking price last month.

Summary: A total of 294 homes were sold or pending in Victorville-Hesperia in October 2024, down by 17.9% month-over-month. Of the 294 sold homes, 35% were sold under asking, 26% were sold at asking, and 40% were sold over asking.

Days on Market for Victorville-Hesperia, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days38 Days+16.8%

Summary: Homes in Victorville-Hesperia had an average of 38 days on market in Oct 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

166 Homes Were Sold
Under 30 Days

97 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 294 homes were sold in Victorville-Hesperia; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Victorville-Hesperia, CA

Nearby Markets to Victorville-Hesperia, CA

What housing markets are near Victorville-Hesperia, CA?