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 April 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

$422,848

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,821(+3.1%)

Key Takeaway

Homes in Victorville-Hesperia have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Victorville-Hesperia was $422,848 in April 2024, up 3.1% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $182.5K$164.5K
-9.9%
2 $315.5K$325K
+3.0%
3 $389.9K$400K
+2.6%
4 $453K$465K
+2.6%
5+ $494.3K$510K
+3.2%

Summary: Victorville-Hesperia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Cities

Adelanto
+5.4%
Victorville
+3.6%
Victorville-Hesperia
+3.1%
Apple Valley
+2.8%

Housing Supply in Victorville-Hesperia, CA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,4801,4810.1%

Summary: The Victorville-Hesperia real estate market had 1,481 homes for sale in April 2024, a 0.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1414
0.0%
2 135143
+5.9%
3 624610
-2.2%
4 539528
-2.0%
5+ 168186
+10.7%

Summary: The Victorville-Hesperia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
360329-8.6%

Asking Price vs. Sold Price

97 Homes Were Sold
Under Asking

96 Homes Were Sold
At Asking

136 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. 41.3% of homes here sold above asking price last month.

Summary: A total of 329 homes were sold or pending in Victorville-Hesperia in April 2024, down by 8.6% month-over-month. Of the 329 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% 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

Apr 2023Apr 2024CHANGE
48 Days40 Days-17.7%

Summary: Homes in Victorville-Hesperia had an average of 40 days on market in Apr 2024, down by 17.7% compared to last year.

Breakdown of Home Sale Times

211 Homes Were Sold
Under 30 Days

74 Homes Were Sold
In 30 - 90 Days

44 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 April 2024, 329 homes were sold in Victorville-Hesperia; 64% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

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