Is Show Low, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Show Low is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Show Low was a Neutral Market.

Key Takeaway

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

Housing Prices in Show Low, AZ

How much do homes in Show Low, AZ cost?

Median Sold Price

$504,500

$288/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Show Low has remained the same since last year.

Summary: The median home sold price in Show Low was $504,500 in November 2024, the same as last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $197K$262K
+33.0%
2 $319K$365K
+14.4%
3 $532.5K$515K
-3.3%
4 $779.5K$620K
-20.5%
5+ $1.2M$1.0M
-16.7%

Summary: Show Low housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33%, 2 bedroom homes increased by 14.4%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 16.7%.

Median Sold Price Compared To Nearby Cities

Lakeside
+21.3%
Show Low
0.0%

Housing Supply in Show Low, AZ

How many homes are available in Show Low, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97970.0%

Summary: The Show Low real estate market had 97 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1217
+41.7%
3 5651
-8.9%
4 2020
0.0%
5+ 77
0.0%

Summary: The Show Low housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Show Low, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Show Low in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Show Low, AZ

How long does it take to sell a home in Show Low, AZ?

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days100 Days+53.0%

Summary: Homes in Show Low had an average of 100 days on market in Nov 2024, up by 53% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Show Low has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Show Low; 0% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 43% 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 17 Days Ago

Newest Listings in Show Low, AZ

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