Is Maricopa-Stanfield, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maricopa-Stanfield is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Maricopa-Stanfield has remained a Neutral Market.

Key Takeaway

Maricopa-Stanfield 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 Maricopa-Stanfield, AZ

How much do homes in Maricopa-Stanfield, AZ cost?

Median Sold Price

$357,352

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,486(+0.7%)

Key Takeaway

Homes in Maricopa-Stanfield have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Maricopa-Stanfield was $357,352 in November 2024, up 0.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $265K$75K
-71.7%
2 $359.3K$335K
-6.8%
3 $331.3K$329.8K
-0.4%
4 $365K$369.9K
+1.4%
5+ $427.1K$422.9K
-1.0%

Summary: Maricopa-Stanfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.7%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Maricopa-Stanfield
+0.7%
Maricopa
+0.6%
Casa Grande
-0.1%

Housing Supply in Maricopa-Stanfield, AZ

How many homes are available in Maricopa-Stanfield, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
775780+0.6%

Summary: The Maricopa-Stanfield real estate market had 780 homes for sale in November 2024, a 0.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 4453
+20.5%
3 310314
+1.3%
4 332320
-3.6%
5+ 8891
+3.4%

Summary: The Maricopa-Stanfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 3.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
143120-16.1%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maricopa-Stanfield, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.

Summary: A total of 120 homes were sold or pending in Maricopa-Stanfield in November 2024, down by 16.1% month-over-month. Of the 120 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.

Days on Market for Maricopa-Stanfield, AZ

How long does it take to sell a home in Maricopa-Stanfield, AZ?

Average Sale Time

Nov 2023Nov 2024CHANGE
96 Days75 Days-22.2%

Summary: Homes in Maricopa-Stanfield had an average of 75 days on market in Nov 2024, down by 22.2% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

38 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maricopa-Stanfield has remained consistent over time.

Summary: During November 2024, 120 homes were sold in Maricopa-Stanfield; 25% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 32% 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 2 Days Ago

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