Is Hesperia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hesperia has remained a Seller's Market.
Housing Prices in Hesperia, CA
How much do homes in Hesperia, CA cost?
Median Sold Price
$437,688
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hesperia was $437,688 in March 2024, up 3% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $233.5K | $285K | +22.0% |
2 Bedrooms | $330K | $350K | +6.1% |
3 Bedrooms | $400K | $420K | +5.0% |
4 Bedrooms | $485K | $495K | +2.1% |
5+ Bedrooms | $490K | $525K | +7.1% |
Summary: Hesperia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
Hesperia | $425K | $437.6K | +3.0% |
Apple Valley | $400K | $410K | +2.5% |
Victorville | $410.3K | $420K | +2.4% |
Victorville-Hesperia | $414.3K | $420K | +1.4% |
Lake Arrowhead | $510.2K | $488.6K | -4.2% |
Housing Supply in Hesperia, CA
How many homes are available in Hesperia, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
310 | 335 | +8.1% |
Summary: The Hesperia real estate market had 335 homes for sale in March 2024, a 8.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 137 | 148 | +8.0% |
4 Bedrooms | 125 | 138 | +10.4% |
5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The Hesperia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 89 | +89.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Hesperia in March 2024, up by 89.4% month-over-month. Of the 89 sold homes, 34% were sold under asking, 12% were sold at asking, and 54% were sold over asking.
Days on Market for Hesperia, CA
How long does it take to sell a home in Hesperia, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 39 Days | -25.5% |
Summary: Homes in Hesperia had an average of 39 days on market in Mar 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 89 homes were sold in Hesperia; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.