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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tombstone is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Tombstone was a Neutral Market.

Key Takeaway

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

Housing Prices in Tombstone, AZ

How much do homes in Tombstone, AZ cost?

Median Sold Price

$210,000

$171/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$18,500(-8.1%)

Key Takeaway

Homes in Tombstone have sold for 8.1% less than they did a month ago.

Summary: The median home sold price in Tombstone was $210,000 in May 2024, down 8.1% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$100K
N/A
2 -$255K
N/A
3 $228.5K$285K
+24.7%
4 --
N/A
5+ -$165K
N/A

Summary: Tombstone housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 24.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tombstone, AZ

How many homes are available in Tombstone, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1417+21.4%

Summary: The Tombstone real estate market had 17 homes for sale in May 2024, a 21.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 57
+40.0%
3 75
-28.6%
4 02
+100.0%
5+ 22
0.0%

Summary: The Tombstone housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 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 Tombstone, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tombstone in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Tombstone, AZ

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

Average Sale Time

Apr 2024May 2024CHANGE
37 Days48 Days+29.7%

Summary: Homes in Tombstone had an average of 48 days on market in May 2024, up by 29.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Tombstone; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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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