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 October 2023

At the same time last year, Tombstone was a Buyer's 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

$214,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,500(-10.6%)

Key Takeaway

Homes in Tombstone have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Tombstone was $214,500 in October 2024, down 10.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $175.5K$110K
-37.3%
2 $208K$197K
-5.3%
3 $260K$249.9K
-3.9%
4 $250K$529.9K
+112.0%
5+ -$165K
N/A

Summary: Tombstone housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 112%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tombstone
-10.6%
Saint David
-27.0%

Housing Supply in Tombstone, AZ

How many homes are available in Tombstone, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1618+12.5%

Summary: The Tombstone real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 66
0.0%
3 911
+22.2%
4 00
0.0%
5+ 00
0.0%

Summary: The Tombstone 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were 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 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 October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
298 Days101 Days-65.9%

Summary: Homes in Tombstone had an average of 101 days on market in Oct 2024, down by 65.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Tombstone are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Tombstone; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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

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