$79,900
Land
Selma Martinez, Listing Office: The Realty Agency
Is 85350, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 85350 was a Buyer's Market.
Key Takeaway
85350 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 85350, AZ
How much do homes in 85350, AZ cost?
Median Sold Price
$256,800
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,300(+6.3%)
Key Takeaway
Homes in 85350 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 85350 was $256,800 in December 2024, up 6.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | $222K | $217K | -2.3% |
| 3 Bedrooms | $240K | $250.9K | +4.5% |
| 4 Bedrooms | $269.9K | $280K | +3.7% |
| 5+ Bedrooms | $310K | $380K | +22.6% |
Summary: 85350 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 22.6%.
Median Sold Price Compared To Nearby Zip Codes
| 85350 | $241.5K | $256.8K | +6.3% |
| 85349 | $230K | $235K | +2.2% |
| 85365 | $335K | $340K | +1.5% |
Housing Supply in 85350, AZ
How many homes are available in 85350, AZ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The 85350 real estate market had 51 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 25 | 27 | +8.0% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 85350 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 25%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 85350, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 85350 in December 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for 85350, AZ
How long does it take to sell a home in 85350, AZ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 96 Days | 56 Days | -41.5% |
Summary: Homes in 85350 had an average of 56 days on market in Dec 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 85350 has remained consistent over time.
Summary: During December 2024, 8 homes were sold in 85350; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
