Is 85332, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85332 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 85332 has remained a Seller's Market.

Key Takeaway

85332 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 85332, AZ

How much do homes in 85332, AZ cost?

Median Sold Price

$313,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,000(-4.0%)

Key Takeaway

Homes in 85332 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 85332 was $313,500 in October 2024, down 4% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $261.5K$207K
-20.8%
3 $350K$375K
+7.1%
4 $277.5K$325K
+17.1%
5+ $622.5K-
N/A

Summary: 85332 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 20.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

85390
-2.9%
85332
-4.0%

Housing Supply in 85332, AZ

How many homes are available in 85332, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
710+42.9%

Summary: The 85332 real estate market had 10 homes for sale in October 2024, a 42.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 35
+66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The 85332 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 33.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85332, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 85332 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 85332, AZ

How long does it take to sell a home in 85332, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
213 Days83 Days-61.0%

Summary: Homes in 85332 had an average of 83 days on market in Oct 2024, down by 61% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 85332 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 85332; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 85332, AZ

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