Hesperia, CA—92345
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Hesperia, CA
Home Price Trends — Hesperia, CA
As of Oct '25, the median home price in Hesperia, CA is $440,000, with a year-over-year change of -1.0%. This indicates that home prices in Hesperia, CA are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $440,000 | -1.0% |
| Single Family | $440,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $294,000 | -2.3% |
2 Bed | $348,000 | -1.7% |
3 Bed | $427,000 | -1.4% |
4 Bed | $502,000 | -1.2% |
| 5 Bed | $543,000 | -1.8% |
% of Housing Stock
Rental Trends — Hesperia, CA
As of July '25, Rentcast reports the average rent in Hesperia, CA is $2,050, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Hesperia, CA is 1-bedrooms: $1,440, 2-bedrooms: $1,810, 3-bedrooms: $2,340, 4-bedrooms: $2,590. The most common rental property sizes in Hesperia, CA are 2-bedroom and 3-bedroom, accounting for 35.6% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,040 | $2,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,440 |
| 2 Bed Rent | $1,850 | $1,810 |
| 3 Bed Rent | $2,380 | $2,340 |
| 4 Bed Rent | $2,450 | $2,590 |
% of Rental Stock
Property Listings — Hesperia, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hesperia, CA is 61. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $484,000 | 2.0% |
Listing Count | 289 | 22.0% |
| Listings as % of Homes | 0.8% | 22.0% |
Days on Market | 61 | 13.0% |
Demographics — Hesperia, CA
As of the latest ACS Survey released in 2023, Hesperia, CA has a population of 87,900, which has increased by 8.8% over the past 5 years. Hesperia, CA is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 87,900 | 8.8% |
% Under 18 | 28.9% | -5.2% |
% Seniors | 11.3% | 3.7% |
% WFH | 8.9% | 18.7% |
% w/ College Degree | 11.2% | 20.4% |
As of the latest ACS Survey released in 2023, Hesperia, CA is a predominantly hispanic area, with 60.9% of the population identifying as hispanic. The hispanic population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Hesperia, CA is white, making up 29.9% of the population. Foreign-born residents account for 16.9% of the population in Hesperia, CA, and this percentage has decreased by 2.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.9% | -13.6% |
% Black | 4.5% | 9.8% |
% Hispanic | 60.9% | 4.5% |
% Asian | 1.4% | -22.2% |
% Foreign Born | 16.9% | -2.9% |
Mortgage and Risk — Hesperia, CA
According to HUD data as of 2023, there were 518 mortgage originations in Hesperia, CA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Hesperia, CA. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 518 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Hesperia, CA
As of 2024, the percent of homes in Hesperia, CA under the Section 8 program is 2.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hesperia, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 255 |
Total Units Section 8 | 255 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,400 | $1,520 |
| 2 Bedroom | $40 | $1,850 | $1,890 |
| 3 Bedroom | $140 | $2,380 | $2,520 |
| 4 Bedroom | $620 | $2,450 | $3,070 |
Affordability — Hesperia, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $440,000 |
| Median Household Income | $65,900 |