Housing Prices in Ward 5, AZ

How much do homes in Ward 5, AZ cost?

Median List Price

$277,500

$201/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$2,400(-0.9%)

Key Takeaway

The list price of homes in Ward 5 has decreased by 0.9% since September.

Summary: The median home list price in Ward 5 was $277,500 in October 2024, down 0.9% from the previous month, and the median price per square foot was $201.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $187K$78.2K
-58.2%
2 $225K$225K
0.0%
3 $285K$287K
+0.7%
4 $302.4K$305K
+0.8%
5+ $275K$275K
0.0%

Summary: Ward 5 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 58.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Bravo Park Lane
+3.4%
Rancho Buena
+2.8%
Drexel Park
0.0%
Ward 5
-0.9%
Mortimore
-2.5%

Housing Supply in Ward 5, AZ

How many homes are available in Ward 5, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
71119+67.6%

Summary: The Ward 5 real estate market had 119 homes for sale in October 2024, a 67.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 36
+100.0%
2 1831
+72.2%
3 3354
+63.6%
4 1425
+78.6%
5+ 33
0.0%

Summary: The Ward 5 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 72.2%, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 78.6%, and 5+ bedroom homes remained the same.

Days on Market for Ward 5, AZ

How long does it take to sell a home in Ward 5, AZ?

Average Listing Age

Sep 2024Oct 2024CHANGE
49 Days54 Days+8.3%

Summary: Homes in Ward 5 had an average listing age of 54 days in Oct 2024, up by 8.3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Ward 5, AZ

Nearby Markets to Ward 5, AZ