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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Congress is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Congress was a Neutral Market.

Key Takeaway

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

Housing Prices in Congress, AZ

How much do homes in Congress, AZ cost?

Median Sold Price

$510,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+5.2%)

Key Takeaway

Homes in Congress have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Congress was $510,000 in November 2024, up 5.2% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $246.9K$296.6K
+20.2%
2 $499K$500K
0.2%
3 $492K$660K
+34.1%
4 $525K$685K
+30.5%
5+ $622.5K$695K
+11.6%

Summary: Congress housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 11.6%.

Housing Supply in Congress, AZ

How many homes are available in Congress, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
136144+5.9%

Summary: The Congress real estate market had 144 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 7985
+7.6%
3 4649
+6.5%
4 55
0.0%
5+ 11
0.0%

Summary: The Congress housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Congress, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Congress in November 2024, up by 66.7% month-over-month. Of the 15 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Congress, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
89 Days102 Days+15.1%

Summary: Homes in Congress had an average of 102 days on market in Nov 2024, up by 15.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Congress are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Congress; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 Congress, AZ

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