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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victorville is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Victorville, CA

How much do homes in Victorville, CA cost?

Median Sold Price

$415,002

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$3,100(+0.8%)

Key Takeaway

Homes in Victorville have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Victorville was $415,002 in January 2024, up 0.8% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $175K$205K
+17.1%
2 $301K$319.9K
+6.3%
3 $381.1K$390K
+2.3%
4 $430K$437.1K
+1.7%
5+ $485K$489.9K
+1.0%

Summary: Victorville housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Victorville
+0.8%
Adelanto
0.0%
Apple Valley
0.0%
Victorville-Hesperia
0%
Hesperia
0.0%

Housing Supply in Victorville, CA

How many homes are available in Victorville, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
487501+2.9%

Summary: The Victorville real estate market had 501 homes for sale in January 2024, a 2.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 2625
-3.8%
3 189194
+2.6%
4 196202
+3.1%
5+ 7680
+5.3%

Summary: The Victorville housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
10298-3.9%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victorville, you could pay more than the asking price. 41.8% of homes here sold above asking price last month.

Summary: A total of 98 homes were sold or pending in Victorville in January 2024, down by 3.9% month-over-month. Of the 98 sold homes, 37% were sold under asking, 21% were sold at asking, and 42% 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

Jan 2023Jan 2024CHANGE
52 Days38 Days-27.2%

Summary: Homes in Victorville had an average of 38 days on market in Jan 2024, down by 27.2% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 98 homes were sold in Victorville; 54% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

Newest Listings in Victorville, CA

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