Is Victorville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Victorville has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | $190K | -1.6% |
2 Bedrooms | $302.5K | $327.4K | +8.3% |
3 Bedrooms | $380K | $400K | +5.3% |
4 Bedrooms | $429.3K | $450K | +4.8% |
5+ Bedrooms | $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 | $369K | $390K | +5.7% |
Victorville | $409.9K | $427.6K | +4.3% |
Hesperia | $425K | $443.3K | +4.3% |
Apple Valley | $400K | $415K | +3.8% |
Victorville-Hesperia | $410K | $425K | +3.7% |
Housing Supply in Victorville, CA
How many homes are available in Victorville, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
526 | 518 | -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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 26 | 33 | +26.9% |
3 Bedrooms | 199 | 197 | -1.0% |
4 Bedrooms | 210 | 198 | -5.7% |
5+ Bedrooms | 89 | 88 | -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 2024 | May 2024 | CHANGE |
---|---|---|
116 | 140 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 33 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
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.