Is Chino Valley, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chino Valley is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Chino Valley 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 Chino Valley, AZ

How much do homes in Chino Valley, AZ cost?

Median Sold Price

$590,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+5.4%)

Key Takeaway

Homes in Chino Valley have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Chino Valley was $590,000 in November 2024, up 5.4% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$650K
N/A
2 $350K$320K
-8.6%
3 $595K$579K
-2.7%
4 $548.2K$685K
+24.9%
5+ $390K$605K
+55.1%

Summary: Chino Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 24.9%, and 5+ bedroom homes increased by 55.1%.

Housing Supply in Chino Valley, AZ

How many homes are available in Chino Valley, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3132+3.2%

Summary: The Chino Valley real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2425
+4.2%
4 55
0.0%
5+ 11
0.0%

Summary: The Chino Valley 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 remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chino Valley, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Chino Valley in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Chino Valley, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
77 Days80 Days+3.4%

Summary: Homes in Chino Valley had an average of 80 days on market in Nov 2024, up by 3.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chino Valley has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Chino Valley; 20% of homes were sold within 30 days, 60% 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 17 Days Ago

Newest Listings in Chino Valley, AZ

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