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.
Key Takeaway
Hesperia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Hesperia have sold for 3% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Hesperia, you could pay more than the asking price. 53.9% of homes here sold above asking price last month.
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
Key Takeaway
Many homes in Hesperia are selling fast, if you're buying plan to act quickly.
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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.