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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Victorville-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 Victorville-Hesperia, CA

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

Median Sold Price

$439,947

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,470(+6.9%)

Key Takeaway

Homes in Victorville-Hesperia have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Victorville-Hesperia was $439,947 in November 2024, up 6.9% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $202.5K$164K
-19.0%
2 $315K$345K
+9.5%
3 $390K$413.6K
+6.1%
4 $454.9K$475K
+4.4%
5+ $496.5K$521K
+4.9%

Summary: Victorville-Hesperia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Adelanto
+8.6%
Victorville-Hesperia
+6.9%
Victorville
+6.8%
Apple Valley
+6.2%

Housing Supply in Victorville-Hesperia, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,7151,652-3.7%

Summary: The Victorville-Hesperia real estate market had 1,652 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2120
-4.8%
2 160153
-4.4%
3 723695
-3.9%
4 619602
-2.7%
5+ 192182
-5.2%

Summary: The Victorville-Hesperia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 5.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
313256-18.2%

Asking Price vs. Sold Price

96 Homes Were Sold
Under Asking

65 Homes Were Sold
At Asking

95 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victorville-Hesperia, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 256 homes were sold or pending in Victorville-Hesperia in November 2024, down by 18.2% month-over-month. Of the 256 sold homes, 38% were sold under asking, 25% were sold at asking, and 37% 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

Nov 2023Nov 2024CHANGE
35 Days39 Days+9.3%

Summary: Homes in Victorville-Hesperia had an average of 39 days on market in Nov 2024, up by 9.3% compared to last year.

Breakdown of Home Sale Times

142 Homes Were Sold
Under 30 Days

87 Homes Were Sold
In 30 - 90 Days

27 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 November 2024, 256 homes were sold in Victorville-Hesperia; 55% of homes were sold within 30 days, 34% 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 17 Days Ago

Newest Listings in Victorville-Hesperia, CA

Nearby Markets to Victorville-Hesperia, CA

What housing markets are near Victorville-Hesperia, CA?