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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Indian Bend, AZ

How much do homes in Indian Bend, AZ cost?

Median Sold Price

$587,858

$384/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,222(+2.5%)

Key Takeaway

Homes in Indian Bend have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Indian Bend was $587,858 in November 2024, up 2.5% from last year, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $280K$275K
-1.8%
2 $423.8K$435K
+2.6%
3 $671K$696.6K
+3.8%
4 $875K$965K
+10.3%
5+ $2.6M$2.8M
+8.8%

Summary: Indian Bend housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Neighborhoods

Indian Bend
+2.5%
Villa Monterey
-2.2%

Housing Supply in Indian Bend, AZ

How many homes are available in Indian Bend, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
472499+5.7%

Summary: The Indian Bend real estate market had 499 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4241
-2.4%
2 206231
+12.1%
3 136132
-2.9%
4 6266
+6.5%
5+ 2629
+11.5%

Summary: The Indian Bend housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 11.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8068-15.0%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 68 homes were sold or pending in Indian Bend in November 2024, down by 15.0% month-over-month. Of the 68 sold homes, 75% were sold under asking, 24% were sold at asking, and 1% 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

Nov 2023Nov 2024CHANGE
66 Days78 Days+18.0%

Summary: Homes in Indian Bend had an average of 78 days on market in Nov 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 68 homes were sold in Indian Bend; 37% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 34% 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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