Is Elfrida, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Elfrida has remained a Buyer's Market.
Housing Prices in Elfrida, AZ
How much do homes in Elfrida, AZ cost?
Median Sold Price
$229,500
$113/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Elfrida was $229,500 in May 2024, up 11.1% from last month, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $206.5K | - | N/A |
4 Bedrooms | - | $229.5K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Elfrida housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Elfrida | $206.5K | $229.5K | +11.1% |
Mc Neal | $230K | $229.5K | -0.2% |
Housing Supply in Elfrida, AZ
How many homes are available in Elfrida, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The Elfrida real estate market had 24 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 4 | +300.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elfrida housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Elfrida in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Elfrida, AZ
How long does it take to sell a home in Elfrida, AZ?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 Days | 93 Days | -30.1% |
Summary: Homes in Elfrida had an average of 93 days on market in May 2024, down by 30.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Elfrida; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.