Is 85326, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85326 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 85326 has remained a Seller's Market.

Key Takeaway

85326 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 85326, AZ

How much do homes in 85326, AZ cost?

Median Sold Price

$380,754

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,142(+2.2%)

Key Takeaway

Homes in 85326 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 85326 was $380,754 in October 2024, up 2.2% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$165K
-26.7%
2 $335K$349K
+4.2%
3 $350K$361.2K
+3.2%
4 $384.9K$395K
+2.6%
5+ $420K$425K
+1.2%

Summary: 85326 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

85395
+2.6%
85326
+2.2%
85338
0.5%

Housing Supply in 85326, AZ

How many homes are available in 85326, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
541547+1.1%

Summary: The 85326 real estate market had 547 homes for sale in October 2024, a 1.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1619
+18.8%
3 232228
-1.7%
4 236242
+2.5%
5+ 5557
+3.6%

Summary: The 85326 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 3.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
112104-7.1%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

49 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85326, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 104 homes were sold or pending in 85326 in October 2024, down by 7.1% month-over-month. Of the 104 sold homes, 33% were sold under asking, 47% were sold at asking, and 20% were sold over asking.

Days on Market for 85326, AZ

How long does it take to sell a home in 85326, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days72 Days+62.4%

Summary: Homes in 85326 had an average of 72 days on market in Oct 2024, up by 62.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

49 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 85326 has remained consistent over time.

Summary: During October 2024, 104 homes were sold in 85326; 21% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 32% 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 14 Days Ago

Newest Listings in 85326, AZ

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