Is Snowflake, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snowflake is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Snowflake has remained a Neutral Market.

Key Takeaway

Snowflake 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 Snowflake, AZ

How much do homes in Snowflake, AZ cost?

Median Sold Price

$329,500

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$73,000(-18.1%)

Key Takeaway

Homes in Snowflake have sold for 18.1% less than they did a year ago.

Summary: The median home sold price in Snowflake was $329,500 in November 2024, down 18.1% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$280K
N/A
3 $363.5K$315K
-13.3%
4 $550K$345K
-37.3%
5+ $700K$693.4K
-0.9%

Summary: Snowflake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 37.3%, and 5+ bedroom homes decreased by 0.9%.

Housing Supply in Snowflake, AZ

How many homes are available in Snowflake, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Snowflake real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 77
0.0%
4 22
0.0%
5+ 43
-25.0%

Summary: The Snowflake 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snowflake, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Snowflake in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Snowflake, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days43 Days+258.3%

Summary: Homes in Snowflake had an average of 43 days on market in Nov 2024, up by 258.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Snowflake; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Snowflake, AZ

Nearby Markets to Snowflake, AZ