Is North Antelope Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Antelope Valley is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, North Antelope Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Antelope Valley, CA

How much do homes in North Antelope Valley, CA cost?

Median Sold Price

$440,120

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$3,712(-0.8%)

Key Takeaway

Homes in North Antelope Valley have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in North Antelope Valley was $440,120 in February 2024, down 0.8% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $239K$227.5K
-4.8%
2 $300K$312K
+4.0%
3 $410K$410K
0.0%
4 $474.7K$478.7K
+0.8%
5+ $575K$589K
+2.4%

Summary: North Antelope Valley housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 4%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Cities

Lake Hughes
+8.1%
Lancaster
0%
Newhall
-0.1%
North Antelope Valley
-0.8%
Rosamond
-3.3%

Housing Supply in North Antelope Valley, CA

How many homes are available in North Antelope Valley, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
405427+5.4%

Summary: The North Antelope Valley real estate market had 427 homes for sale in February 2024, a 5.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 24
+100.0%
2 2930
+3.4%
3 166171
+3.0%
4 161174
+8.1%
5+ 4748
+2.1%

Summary: The North Antelope Valley housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 2.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
8274-9.8%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Antelope Valley, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.

Summary: A total of 74 homes were sold or pending in North Antelope Valley in February 2024, down by 9.8% month-over-month. Of the 74 sold homes, 24% were sold under asking, 30% were sold at asking, and 46% were sold over asking.

Days on Market for North Antelope Valley, CA

How long does it take to sell a home in North Antelope Valley, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
59 Days43 Days-26.0%

Summary: Homes in North Antelope Valley had an average of 43 days on market in Feb 2024, down by 26% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 74 homes were sold in North Antelope Valley; 46% of homes were sold within 30 days, 42% 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 27 Days Ago

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