Is Casa Grande, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casa Grande is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Casa Grande has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Casa Grande, AZ

How much do homes in Casa Grande, AZ cost?

Median Sold Price

$334,999

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$0(0%)

Key Takeaway

The sold price of homes in Casa Grande has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K$153K
+118.6%
2 $290K$285K
-1.7%
3 $318K$310.7K
-2.3%
4 $349.9K$350.1K
0.0%
5+ $386.7K$399.9K
+3.4%

Summary: Casa Grande housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.6%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Eloy
+13.1%
Casa Grande
0%

Housing Supply in Casa Grande, AZ

How many homes are available in Casa Grande, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
521517-0.8%

Summary: The Casa Grande real estate market had 517 homes for sale in October 2024, a 0.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 6574
+13.8%
3 249238
-4.4%
4 173162
-6.4%
5+ 3443
+26.5%

Summary: The Casa Grande 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 13.8%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 26.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10998-10.1%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Casa Grande, expect to pay close to the asking price. 43.9% of homes here sold near the asking price last month.

Summary: A total of 98 homes were sold or pending in Casa Grande in October 2024, down by 10.1% month-over-month. Of the 98 sold homes, 38% were sold under asking, 44% were sold at asking, and 18% were sold over asking.

Days on Market for Casa Grande, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days82 Days+26.1%

Summary: Homes in Casa Grande had an average of 82 days on market in Oct 2024, up by 26.1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Casa Grande has remained consistent over time.

Summary: During October 2024, 98 homes were sold in Casa Grande; 28% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 35% 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 20 Days Ago

Newest Listings in Casa Grande, AZ

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