$5,332 Closing Credit*
$449,000
1,852 SqFt
4 Beds
•2 Baths
Katie Patricia Shook, Listing Office: Redfin Corporation
Is 85051, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 85051 has remained a Seller's Market.
Key Takeaway
85051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 85051, AZ
How much do homes in 85051, AZ cost?
Median Sold Price
$355,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,000(+4.4%)
Key Takeaway
Homes in 85051 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 85051 was $355,000 in December 2024, up 4.4% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $165K | -10.8% |
| 2 Bedrooms | $221.5K | $235K | +6.1% |
| 3 Bedrooms | $343K | $355K | +3.5% |
| 4 Bedrooms | $385K | $390K | +1.3% |
| 5+ Bedrooms | $450K | $420K | -6.7% |
Summary: 85051 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in 85051, AZ
How many homes are available in 85051, AZ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 120 | 111 | -7.5% |
Summary: The 85051 real estate market had 111 homes for sale in December 2024, a 7.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 65 | 59 | -9.2% |
| 4 Bedrooms | 27 | 19 | -29.6% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 85051 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 33 | 21 | -36.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 85051, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 85051 in December 2024, down by 36.4% month-over-month. Of the 21 sold homes, 62% were sold under asking, 14% were sold at asking, and 24% were sold over asking.
Days on Market for 85051, AZ
How long does it take to sell a home in 85051, AZ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 43 Days | 56 Days | +30.5% |
Summary: Homes in 85051 had an average of 56 days on market in Dec 2024, up by 30.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 85051 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 21 homes were sold in 85051; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.