Is 85226, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85226 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 85226 has remained a Seller's Market.

Key Takeaway

85226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 85226, AZ

How much do homes in 85226, AZ cost?

Median Sold Price

$505,666

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,666(+2.6%)

Key Takeaway

Homes in 85226 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 85226 was $505,666 in December 2024, up 2.6% from last year, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $254.7K$243K
-4.6%
2 $370K$375K
+1.4%
3 $462.5K$478K
+3.4%
4 $581K$615K
+5.9%
5+ $700K$782.5K
+11.8%

Summary: 85226 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Zip Codes

85044
+5.9%
85224
+5.6%
85048
+5.0%
85226
+2.6%
85284
-0.2%

Housing Supply in 85226, AZ

How many homes are available in 85226, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
109103-5.5%

Summary: The 85226 real estate market had 103 homes for sale in December 2024, a 5.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 2019
-5.0%
3 4739
-17.0%
4 3236
+12.5%
5+ 98
-11.1%

Summary: The 85226 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 17%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2420-16.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85226, you may be able to get a good deal. 85% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 85226 in December 2024, down by 16.7% month-over-month. Of the 20 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.

Days on Market for 85226, AZ

How long does it take to sell a home in 85226, AZ?

Average Sale Time

Dec 2023Dec 2024CHANGE
44 Days75 Days+71.8%

Summary: Homes in 85226 had an average of 75 days on market in Dec 2024, up by 71.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 85226 has remained consistent over time.

Summary: During December 2024, 20 homes were sold in 85226; 15% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

Newest Listings in 85226, AZ

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