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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victorville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Victorville, CA

How much do homes in Victorville, CA cost?

Median Sold Price

$427,637

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,662(+4.3%)

Key Takeaway

Homes in Victorville have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Victorville was $427,637 in May 2024, up 4.3% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $193K$190K
-1.6%
2 $302.5K$327.4K
+8.3%
3 $380K$400K
+5.3%
4 $429.3K$450K
+4.8%
5+ $480K$500K
+4.2%

Summary: Victorville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Adelanto
+5.7%
Victorville
+4.3%
Hesperia
+4.3%
Apple Valley
+3.8%
Victorville-Hesperia
+3.7%

Housing Supply in Victorville, CA

How many homes are available in Victorville, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
526518-1.5%

Summary: The Victorville real estate market had 518 homes for sale in May 2024, a 1.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2633
+26.9%
3 199197
-1.0%
4 210198
-5.7%
5+ 8988
-1.1%

Summary: The Victorville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 1.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
116140+20.7%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

75 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victorville, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.

Summary: A total of 140 homes were sold or pending in Victorville in May 2024, up by 20.7% month-over-month. Of the 140 sold homes, 21% were sold under asking, 26% were sold at asking, and 54% were sold over asking.

Days on Market for Victorville, CA

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

Average Sale Time

May 2023May 2024CHANGE
47 Days33 Days-28.6%

Summary: Homes in Victorville had an average of 33 days on market in May 2024, down by 28.6% compared to last year.

Breakdown of Home Sale Times

93 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 140 homes were sold in Victorville; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% 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

Newest Listings in Victorville, CA

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