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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victorville-Hesperia is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Victorville-Hesperia, CA

How much do homes in Victorville-Hesperia, CA cost?

Median Sold Price

$420,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,667(+1.4%)

Key Takeaway

Homes in Victorville-Hesperia have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Victorville-Hesperia was $420,000 in March 2024, up 1.4% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $195K$164.5K
-15.6%
2 $315K$325K
+3.2%
3 $390K$400K
+2.6%
4 $457.1K$460K
+0.6%
5+ $495K$510K
+3.0%

Summary: Victorville-Hesperia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Adelanto
+3.4%
Apple Valley
+2.5%
Victorville
+2.4%
Victorville-Hesperia
+1.4%

Housing Supply in Victorville-Hesperia, CA

How many homes are available in Victorville-Hesperia, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,4121,462+3.5%

Summary: The Victorville-Hesperia real estate market had 1,462 homes for sale in March 2024, a 3.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1617
+6.3%
2 109128
+17.4%
3 598601
0.5%
4 524543
+3.6%
5+ 165173
+4.8%

Summary: The Victorville-Hesperia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
294353+20.1%

Asking Price vs. Sold Price

118 Homes Were Sold
Under Asking

98 Homes Were Sold
At Asking

137 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victorville-Hesperia, you could pay more than the asking price. 38.8% of homes here sold above asking price last month.

Summary: A total of 353 homes were sold or pending in Victorville-Hesperia in March 2024, up by 20.1% month-over-month. Of the 353 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.

Days on Market for Victorville-Hesperia, CA

How long does it take to sell a home in Victorville-Hesperia, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days42 Days-24.8%

Summary: Homes in Victorville-Hesperia had an average of 42 days on market in Mar 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

193 Homes Were Sold
Under 30 Days

104 Homes Were Sold
In 30 - 90 Days

56 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 353 homes were sold in Victorville-Hesperia; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% 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 26 Days Ago

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