Is 85363, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85363 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 85363 was a Seller's Market.

Key Takeaway

85363 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 85363, AZ

How much do homes in 85363, AZ cost?

Median Sold Price

$355,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,750(+7.2%)

Key Takeaway

Homes in 85363 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 85363 was $355,000 in November 2024, up 7.2% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $176K-
N/A
2 $279.5K$302K
+8.1%
3 $344K$371.5K
+8.0%
4 $396.5K$404.4K
+2.0%
5+ $457.9K$520.4K
+13.6%

Summary: 85363 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 13.6%.

Median Sold Price Compared To Nearby Zip Codes

85363
+7.2%
85335
+2.3%
85351
+1.8%

Housing Supply in 85363, AZ

How many homes are available in 85363, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4353+23.3%

Summary: The 85363 real estate market had 53 homes for sale in November 2024, a 23.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 89
+12.5%
3 2530
+20.0%
4 912
+33.3%
5+ 00
0.0%

Summary: The 85363 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85363, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 85363 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 85363, AZ

How long does it take to sell a home in 85363, AZ?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days56 Days+2.7%

Summary: Homes in 85363 had an average of 56 days on market in Nov 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 85363 has remained consistent over time.

Summary: During November 2024, 6 homes were sold in 85363; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 85363, AZ

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