Is Tonto National Forest, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tonto National Forest is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tonto National Forest was a Neutral Market.

Key Takeaway

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

Housing Prices in Tonto National Forest, AZ

How much do homes in Tonto National Forest, AZ cost?

Median Sold Price

$1,281,735

$410/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,985(+3.5%)

Key Takeaway

Homes in Tonto National Forest have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Tonto National Forest was $1,281,735 in November 2024, up 3.5% from last year, and the median price per square foot was $410.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $875K$410K
-53.1%
2 $701.5K$745K
+6.2%
3 $1.2M$1.1M
-5.4%
4 $1.5M$1.7M
+16.8%
5+ $2.1M$3.5M
+64.7%

Summary: Tonto National Forest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 64.7%.

Housing Supply in Tonto National Forest, AZ

How many homes are available in Tonto National Forest, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
408444+8.8%

Summary: The Tonto National Forest real estate market had 444 homes for sale in November 2024, a 8.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 7683
+9.2%
3 124140
+12.9%
4 148157
+6.1%
5+ 5863
+8.6%

Summary: The Tonto National Forest housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 8.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3243+34.4%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tonto National Forest, you may be able to get a good deal. 76.7% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Tonto National Forest in November 2024, up by 34.4% month-over-month. Of the 43 sold homes, 77% were sold under asking, 16% were sold at asking, and 7% were sold over asking.

Days on Market for Tonto National Forest, AZ

How long does it take to sell a home in Tonto National Forest, AZ?

Average Sale Time

Nov 2023Nov 2024CHANGE
99 Days101 Days+2.7%

Summary: Homes in Tonto National Forest had an average of 101 days on market in Nov 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tonto National Forest has remained consistent over time.

Summary: During November 2024, 43 homes were sold in Tonto National Forest; 26% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 30% 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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