Is 86336, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 86336 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 86336 was a Seller's Market.

Key Takeaway

86336 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 86336, AZ

How much do homes in 86336, AZ cost?

Median Sold Price

$873,250

$481/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$51,750(-5.6%)

Key Takeaway

Homes in 86336 have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in 86336 was $873,250 in October 2024, down 5.6% from last year, and the median price per square foot was $481.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $440K$482.6K
+9.7%
2 $532.5K$660.8K
+24.1%
3 $897K$1.0M
+22.0%
4 $1.2M$1.2M
+3.4%
5+ $2.6M$2.9M
+11.9%

Summary: 86336 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

86005
+5.5%
86336
-5.6%

Housing Supply in 86336, AZ

How many homes are available in 86336, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5465+20.4%

Summary: The 86336 real estate market had 65 homes for sale in October 2024, a 20.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 67
+16.7%
3 2225
+13.6%
4 1721
+23.5%
5+ 710
+42.9%

Summary: The 86336 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 86336, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 86336 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for 86336, AZ

How long does it take to sell a home in 86336, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
98 Days85 Days-13.1%

Summary: Homes in 86336 had an average of 85 days on market in Oct 2024, down by 13.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 86336 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 86336; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 16 Days Ago

Newest Listings in 86336, AZ

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