Is 85213, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85213 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 85213 was a Seller's Market.

Key Takeaway

85213 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 85213, AZ

How much do homes in 85213, AZ cost?

Median Sold Price

$569,500

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,500(+7.5%)

Key Takeaway

Homes in 85213 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 85213 was $569,500 in October 2024, up 7.5% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $295K$290K
-1.7%
3 $439K$470K
+7.1%
4 $589.5K$631K
+7.0%
5+ $922.5K$1.1M
+19.8%

Summary: 85213 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Zip Codes

85203
+8.0%
85213
+7.5%
85205
+2.7%
85204
+0.6%

Housing Supply in 85213, AZ

How many homes are available in 85213, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1001000.0%

Summary: The 85213 real estate market had 100 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1314
+7.7%
3 2427
+12.5%
4 4840
-16.7%
5+ 1519
+26.7%

Summary: The 85213 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 increased by 7.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 26.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3317-48.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85213, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 85213 in October 2024, down by 48.5% month-over-month. Of the 17 sold homes, 65% were sold under asking, 29% were sold at asking, and 6% were sold over asking.

Days on Market for 85213, AZ

How long does it take to sell a home in 85213, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days48 Days+18.0%

Summary: Homes in 85213 had an average of 48 days on market in Oct 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 85213 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 85213; 35% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

Newest Listings in 85213, AZ

Nearby Markets to 85213, AZ