Is Indian Bend, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indian Bend is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Indian Bend 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 Indian Bend, AZ

How much do homes in Indian Bend, AZ cost?

Median Sold Price

$592,750

$383/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,238(+3.9%)

Key Takeaway

Homes in Indian Bend have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Indian Bend was $592,750 in October 2024, up 3.9% from last year, and the median price per square foot was $383.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280K$275K
-1.8%
2 $425K$434.2K
+2.2%
3 $663.3K$698.3K
+5.3%
4 $900K$951.5K
+5.7%
5+ $2.6M$2.5M
-1.4%

Summary: Indian Bend housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

Villa Monterey
+6.8%
Indian Bend
+3.9%

Housing Supply in Indian Bend, AZ

How many homes are available in Indian Bend, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
439501+14.1%

Summary: The Indian Bend real estate market had 501 homes for sale in October 2024, a 14.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4750
+6.4%
2 173204
+17.9%
3 135152
+12.6%
4 6267
+8.1%
5+ 2228
+27.3%

Summary: The Indian Bend housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4779+68.1%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indian Bend, you may be able to get a good deal. 81% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Indian Bend in October 2024, up by 68.1% month-over-month. Of the 79 sold homes, 81% were sold under asking, 14% were sold at asking, and 5% were sold over asking.

Days on Market for Indian Bend, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days87 Days+49.7%

Summary: Homes in Indian Bend had an average of 87 days on market in Oct 2024, up by 49.7% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Indian Bend has remained consistent over time.

Summary: During October 2024, 79 homes were sold in Indian Bend; 23% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 37% 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

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