$5,463 Closing Credit*
$460,000
2,078 SqFt
3 Beds
•1 Full Bath, 1 Partial
Christine McConnaughay, Listing Office: Realty Executives McConnaughay
Is 85364, 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, 85364 was a Seller's Market.
Key Takeaway
85364 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 85364, AZ
How much do homes in 85364, AZ cost?
Median Sold Price
$279,686
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$24,436(+9.6%)
Key Takeaway
Homes in 85364 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 85364 was $279,686 in December 2024, up 9.6% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $120K | -11.1% |
| 2 Bedrooms | $190K | $198K | +4.2% |
| 3 Bedrooms | $250K | $262K | +4.8% |
| 4 Bedrooms | $350K | $335.5K | -4.1% |
| 5+ Bedrooms | $415K | $547.5K | +31.9% |
Summary: 85364 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 31.9%.
Median Sold Price Compared To Nearby Zip Codes
| 85364 | $255.2K | $279.6K | +9.6% |
| 85365 | $335K | $340K | +1.5% |
Housing Supply in 85364, AZ
How many homes are available in 85364, AZ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 186 | 177 | -4.8% |
Summary: The 85364 real estate market had 177 homes for sale in December 2024, a 4.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 106 | 95 | -10.4% |
| 4 Bedrooms | 53 | 56 | +5.7% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 85364 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 41 | 29 | -29.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 85364, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 85364 in December 2024, down by 29.3% month-over-month. Of the 24 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for 85364, AZ
How long does it take to sell a home in 85364, AZ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 60 Days | 59 Days | -2.8% |
Summary: Homes in 85364 had an average of 59 days on market in Dec 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 85364 has remained consistent over time.
Summary: During December 2024, 29 homes were sold in 85364; 17% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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