Is 85335, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85335 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 85335 has remained a Seller's Market.

Key Takeaway

85335 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 85335, AZ

How much do homes in 85335, AZ cost?

Median Sold Price

$365,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,050(+1.7%)

Key Takeaway

Homes in 85335 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 85335 was $365,000 in October 2024, up 1.7% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $306.9K$321.4K
+4.7%
3 $344.9K$356.5K
+3.3%
4 $389.4K$375K
-3.7%
5+ $406K$449.9K
+10.8%

Summary: 85335 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 increased by 4.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

85363
+7.7%
85379
+5.0%
85351
+3.1%
85335
+1.7%
85378
+1.0%

Housing Supply in 85335, AZ

How many homes are available in 85335, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9385-8.6%

Summary: The 85335 real estate market had 85 homes for sale in October 2024, a 8.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 5045
-10.0%
4 3734
-8.1%
5+ 11
0.0%

Summary: The 85335 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85335, expect to pay close to the asking price. 48% of homes here sold near the asking price last month.

Summary: A total of 25 homes were sold or pending in 85335 in October 2024, up by 19.0% month-over-month. Of the 25 sold homes, 24% were sold under asking, 48% were sold at asking, and 28% were sold over asking.

Days on Market for 85335, AZ

How long does it take to sell a home in 85335, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days55 Days+13.3%

Summary: Homes in 85335 had an average of 55 days on market in Oct 2024, up by 13.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 85335 has remained consistent over time.

Summary: During October 2024, 25 homes were sold in 85335; 36% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 16% 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 85335, AZ

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