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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adelanto is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Adelanto, CA cost?

Median Sold Price

$357,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$92,000(+34.7%)

Key Takeaway

Homes in Adelanto have sold for 34.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $150K$165.2K
+10.2%
2 $197.5K$245K
+24.1%
3 $251.5K$335K
+33.2%
4 $285K$375K
+31.6%
5+ $312K$410K
+31.4%

Median Sold Price Compared To Nearby Cities

Adelanto
+34.7%
Victorville
+23.9%
Victorville-Hesperia
+23.1%
Phelan
+20.0%

How many homes are available in Adelanto, CA?

Number of Homes For Sale

Apr 2022May 2022%
10792-14.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 33
0.0%
3 5339
-26.4%
4 4041
+2.5%
5+ 119
-18.2%

Number of Homes Sold

Apr 2022May 2022%
4324-44.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adelanto, you could pay more than the asking price. 70.8% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
18 Days11 Days-38.7%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Adelanto, CA

Number of homes for sale in Adelanto, CA real estate market have reached 92. The number of listings in Adelanto, CA decreased by 14% between April 2022 and May 2022. The median list price of listings available in May 2022 was $357,000, while the average time on the real estate market was 11 days. This housing market listing prices have changed between April 2022 and May 2022: the cost of 1 bedroom properties went up by 10.2%, 2 bedrooms properties prices increased by 24.1%, prices of 3 bedrooms properties went up by 33.2%, 4 bedrooms properties prices increased by 31.6%, 5 bedrooms properties prices increased by 31.4%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 26.4%, the quantity of 4 bedrooms homes went up by 2.5%, number of 5 bedrooms homes decreased by 18.2%. Over 17 listings were sold over their listed price in May 2022 in Adelanto, CA. In the same period over 3 listings were sold below the listed price and 4 listings were sold for the listed price.

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