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 April 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

$424,835

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,835(+3.6%)

Key Takeaway

Homes in Victorville have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Victorville was $424,835 in April 2024, up 3.6% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $193K$190K
-1.6%
2 $305K$320K
+4.9%
3 $380K$399.1K
+5.0%
4 $430K$450K
+4.7%
5+ $480K$499.9K
+4.1%

Summary: Victorville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Cities

Adelanto
+5.4%
Victorville
+3.6%
Hesperia
+3.5%
Victorville-Hesperia
+3.1%
Apple Valley
+2.8%

Housing Supply in Victorville, CA

How many homes are available in Victorville, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
525510-2.9%

Summary: The Victorville real estate market had 510 homes for sale in April 2024, a 2.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 2627
+3.8%
3 196189
-3.6%
4 225205
-8.9%
5+ 7687
+14.5%

Summary: The Victorville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 14.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
140111-20.7%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

43 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. 38.7% of homes here sold above asking price last month.

Summary: A total of 111 homes were sold or pending in Victorville in April 2024, down by 20.7% month-over-month. Of the 111 sold homes, 29% were sold under asking, 32% were sold at asking, and 39% 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

Apr 2023Apr 2024CHANGE
48 Days51 Days+5.9%

Summary: Homes in Victorville had an average of 51 days on market in Apr 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

64 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

22 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 April 2024, 111 homes were sold in Victorville; 58% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% 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 1 Day Ago

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