Is 85356, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85356 is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, 85356 has remained a Buyer's Market.

Key Takeaway

85356 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 85356, AZ

How much do homes in 85356, AZ cost?

Median Sold Price

$299,900

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,426(+9.3%)

Key Takeaway

Homes in 85356 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 85356 was $299,900 in December 2024, up 9.3% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $121K$220K
+81.8%
2 $229.6K$267.4K
+16.5%
3 $280K$293.9K
+5.0%
4 $288.5K$340.6K
+18.1%
5+ --
N/A

Summary: 85356 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.8%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

85356
+9.3%
85367
+2.9%
85365
+1.5%

Housing Supply in 85356, AZ

How many homes are available in 85356, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
57570.0%

Summary: The 85356 real estate market had 57 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 77
0.0%
2 109
-10.0%
3 3031
+3.3%
4 1010
0.0%
5+ 00
0.0%

Summary: The 85356 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 10%, 3 bedroom homes increased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85356, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 85356 in December 2024, down by 57.1% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 85356, AZ

How long does it take to sell a home in 85356, AZ?

Average Sale Time

Dec 2023Dec 2024CHANGE
103 Days94 Days-8.7%

Summary: Homes in 85356 had an average of 94 days on market in Dec 2024, down by 8.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 85356 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 85356; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 8 Days Ago

Newest Listings in 85356, AZ

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