$4,501 Closing Credit*
$379,000
1,963 SqFt
3 Beds
•2 Baths
Korinna Williams, Listing Office: Haymore Real Estate LLC
Is Sierra Vista, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sierra Vista has remained a Seller's Market.
Key Takeaway
Sierra Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sierra Vista, AZ
How much do homes in Sierra Vista, AZ cost?
Median Sold Price
$299,590
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,161(+6.8%)
Key Takeaway
Homes in Sierra Vista have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Sierra Vista was $299,590 in October 2024, up 6.8% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165.7K | $130K | -21.6% |
| 2 Bedrooms | $230K | $246.5K | +7.2% |
| 3 Bedrooms | $266.3K | $283.5K | +6.4% |
| 4 Bedrooms | $340K | $355K | +4.4% |
| 5+ Bedrooms | $422.5K | $438.2K | +3.7% |
Summary: Sierra Vista housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.6%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Hereford | $383.7K | $440K | +14.7% |
| Sierra Vista | $280.4K | $299.5K | +6.8% |
| Huachuca City | $190K | $195K | +2.6% |
Housing Supply in Sierra Vista, AZ
How many homes are available in Sierra Vista, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 251 | 266 | +6.0% |
Summary: The Sierra Vista real estate market had 266 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 30 | 33 | +10.0% |
| 3 Bedrooms | 132 | 141 | +6.8% |
| 4 Bedrooms | 68 | 71 | +4.4% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Sierra Vista housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 51 | -1.9% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sierra Vista, expect to pay close to the asking price. 43.1% of homes here sold near the asking price last month.
Summary: A total of 51 homes were sold or pending in Sierra Vista in October 2024, down by 1.9% month-over-month. Of the 51 sold homes, 41% were sold under asking, 43% were sold at asking, and 16% were sold over asking.
Days on Market for Sierra Vista, AZ
How long does it take to sell a home in Sierra Vista, AZ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 68 Days | -3.0% |
Summary: Homes in Sierra Vista had an average of 68 days on market in Oct 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sierra Vista has remained consistent over time.
Summary: During October 2024, 51 homes were sold in Sierra Vista; 18% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.