Is Kearny, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Kearny has remained a Seller's Market.
Housing Prices in Kearny, AZ
How much do homes in Kearny, AZ cost?
Median Sold Price
$170,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kearny was $170,000 in May 2024, up 6.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $143.5K | $35K | -75.6% |
3 Bedrooms | $160K | $170K | +6.3% |
4 Bedrooms | $177.4K | $144K | -18.9% |
5+ Bedrooms | - | $212.7K | N/A |
Summary: Kearny housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 75.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kearny | $160K | $170K | +6.3% |
North Pinal | $424.9K | $424.9K | 0% |
Housing Supply in Kearny, AZ
How many homes are available in Kearny, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Summary: The Kearny real estate market had 14 homes for sale in May 2024, a 12.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kearny housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Kearny in May 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Kearny, AZ
How long does it take to sell a home in Kearny, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
82 Days | 79 Days | -2.8% |
Summary: Homes in Kearny had an average of 79 days on market in May 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Kearny; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.