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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Victorville-Hesperia was a Seller's Market.

Key Takeaway

Victorville-Hesperia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Victorville-Hesperia, CA

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

Median Sold Price

$439,947

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,470(+6.9%)

Key Takeaway

Homes in Victorville-Hesperia have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Victorville-Hesperia was $439,947 in November 2024, up 6.9% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $202.5K$164K
-19.0%
2 $315K$345K
+9.5%
3 $390K$413.6K
+6.1%
4 $454.9K$475K
+4.4%
5+ $496.5K$521K
+4.9%

Summary: Victorville-Hesperia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Adelanto
+8.6%
Victorville-Hesperia
+6.9%
Victorville
+6.8%
Apple Valley
+6.2%

Housing Supply in Victorville-Hesperia, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,7151,652-3.7%

Summary: The Victorville-Hesperia real estate market had 1,652 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2120
-4.8%
2 160153
-4.4%
3 723695
-3.9%
4 619602
-2.7%
5+ 192182
-5.2%

Summary: The Victorville-Hesperia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 5.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
313256-18.2%

Asking Price vs. Sold Price

96 Homes Were Sold
Under Asking

65 Homes Were Sold
At Asking

95 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victorville-Hesperia, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 256 homes were sold or pending in Victorville-Hesperia in November 2024, down by 18.2% month-over-month. Of the 256 sold homes, 38% were sold under asking, 25% were sold at asking, and 37% 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

Nov 2023Nov 2024CHANGE
35 Days39 Days+9.3%

Summary: Homes in Victorville-Hesperia had an average of 39 days on market in Nov 2024, up by 9.3% compared to last year.

Breakdown of Home Sale Times

142 Homes Were Sold
Under 30 Days

87 Homes Were Sold
In 30 - 90 Days

27 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 November 2024, 256 homes were sold in Victorville-Hesperia; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 11% 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 8 Days Ago

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