Is 86332, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 86332 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 86332 has remained a Seller's Market.

Key Takeaway

86332 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 86332, AZ

How much do homes in 86332, AZ cost?

Median Sold Price

$450,000

$253/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$213,500(+90.3%)

Key Takeaway

Homes in 86332 have sold for 90.3% more than they did a month ago.

Summary: The median home sold price in 86332 was $450,000 in December 2024, up 90.3% from last month, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$450K
N/A
2 $73K$372K
+409.6%
3 $400K$459K
+14.8%
4 --
N/A
5+ --
N/A

Summary: 86332 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 409.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

86332
+90.3%
85332
-15.2%

Housing Supply in 86332, AZ

How many homes are available in 86332, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2318-21.7%

Summary: The 86332 real estate market had 18 homes for sale in December 2024, a 21.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 106
-40.0%
3 1211
-8.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 86332 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 40%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

5 Homes Were 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 86332, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 86332 in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 86332, AZ

How long does it take to sell a home in 86332, AZ?

Average Sale Time

Nov 2024Dec 2024CHANGE
53 Days47 Days-10.6%

Summary: Homes in 86332 had an average of 47 days on market in Dec 2024, down by 10.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 86332 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 86332; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in 86332, AZ

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