Is Pinal County, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinal County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Pinal County has remained a Seller's Market.

Key Takeaway

Pinal County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pinal County, AZ

How much do homes in Pinal County, AZ cost?

Median Sold Price

$364,957

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,968(+1.4%)

Key Takeaway

Homes in Pinal County have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Pinal County was $364,957 in October 2024, up 1.4% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$142K
-2.1%
2 $370.1K$375K
+1.3%
3 $338.9K$337.5K
-0.4%
4 $374.6K$379.4K
+1.3%
5+ $430K$435K
+1.2%

Summary: Pinal County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Counties

Maricopa County
+5.1%
Pinal County
+1.4%
Gila County
-1.9%

Housing Supply in Pinal County, AZ

How many homes are available in Pinal County, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3,2663,428+5.0%

Summary: The Pinal County real estate market had 3,428 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1215
+25.0%
2 435506
+16.3%
3 1,4861,528
+2.8%
4 1,0711,090
+1.8%
5+ 262289
+10.3%

Summary: The Pinal County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
622590-5.1%

Asking Price vs. Sold Price

257 Homes Were Sold
Under Asking

239 Homes Were Sold
At Asking

94 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinal County, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

Summary: A total of 590 homes were sold or pending in Pinal County in October 2024, down by 5.1% month-over-month. Of the 590 sold homes, 44% were sold under asking, 41% were sold at asking, and 16% were sold over asking.

Days on Market for Pinal County, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days75 Days+18.4%

Summary: Homes in Pinal County had an average of 75 days on market in Oct 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

169 Homes Were Sold
Under 30 Days

256 Homes Were Sold
In 30 - 90 Days

165 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pinal County has remained consistent over time.

Summary: During October 2024, 590 homes were sold in Pinal County; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 28% 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

Newest Listings in Pinal County, AZ

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