Is 86315, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 86315 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 86315 has remained a Buyer's Market.

Key Takeaway

86315 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 86315, AZ

How much do homes in 86315, AZ cost?

Median Sold Price

$764,950

$323/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$175,950(+29.9%)

Key Takeaway

Homes in 86315 have sold for 29.9% more than they did a month ago.

Summary: The median home sold price in 86315 was $764,950 in November 2024, up 29.9% from last month, and the median price per square foot was $323.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $589K-
N/A
3 -$544.9K
N/A
4 -$985K
N/A
5+ --
N/A

Summary: 86315 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 86315, AZ

How many homes are available in 86315, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2124+14.3%

Summary: The 86315 real estate market had 24 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 69
+50.0%
4 1012
+20.0%
5+ 11
0.0%

Summary: The 86315 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 86315, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 86315 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 86315, AZ

How long does it take to sell a home in 86315, AZ?

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days70 Days+605.0%

Summary: Homes in 86315 had an average of 70 days on market in Nov 2024, up by 605% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 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 86315 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 86315; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in 86315, AZ

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