$39,000
0.16 Acres
Land
Lisa A Reyes, Listing Office: eXp Realty
Is 85128, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 85128 has remained a Seller's Market.
Key Takeaway
85128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 85128, AZ
How much do homes in 85128, AZ cost?
Median Sold Price
$295,624
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,375(-1.5%)
Key Takeaway
Homes in 85128 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 85128 was $295,624 in October 2024, down 1.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $73K | +4.3% |
| 2 Bedrooms | $203K | $199K | -2.0% |
| 3 Bedrooms | $290K | $278K | -4.1% |
| 4 Bedrooms | $319.9K | $315K | -1.6% |
| 5+ Bedrooms | $357.5K | $339.4K | -5.0% |
Summary: 85128 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 85128, AZ
How many homes are available in 85128, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 177 | 168 | -5.1% |
Summary: The 85128 real estate market had 168 homes for sale in October 2024, a 5.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 89 | 82 | -7.9% |
| 4 Bedrooms | 65 | 64 | -1.5% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 85128 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 85128, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 34 homes were sold or pending in 85128 in October 2024, up by 30.8% month-over-month. Of the 34 sold homes, 26% were sold under asking, 50% were sold at asking, and 24% were sold over asking.
Days on Market for 85128, AZ
How long does it take to sell a home in 85128, AZ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 125 Days | 78 Days | -37.6% |
Summary: Homes in 85128 had an average of 78 days on market in Oct 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 85128 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 34 homes were sold in 85128; 21% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 50% 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© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. 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. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.