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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yuma is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Yuma was a Seller's Market.

Key Takeaway

Yuma 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 Yuma, AZ

How much do homes in Yuma, AZ cost?

Median Sold Price

$329,776

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,055(+7.9%)

Key Takeaway

Homes in Yuma have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Yuma was $329,776 in December 2024, up 7.9% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $182.5K$208K
+14.0%
2 $226.5K$245K
+8.2%
3 $290K$319.4K
+10.1%
4 $379.5K$387.3K
+2.1%
5+ $440K$487K
+10.7%

Summary: Yuma housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 10.7%.

Housing Supply in Yuma, AZ

How many homes are available in Yuma, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
605597-1.3%

Summary: The Yuma real estate market had 597 homes for sale in December 2024, a 1.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 2425
+4.2%
2 8895
+8.0%
3 296272
-8.1%
4 173179
+3.5%
5+ 2426
+8.3%

Summary: The Yuma housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12292-24.6%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yuma, you may be able to get a good deal. 50.6% of homes here sold below asking price last month.

Summary: A total of 92 homes were sold or pending in Yuma in December 2024, down by 24.6% month-over-month. Of the 81 sold homes, 51% were sold under asking, 27% were sold at asking, and 22% were sold over asking.

Days on Market for Yuma, AZ

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

Average Sale Time

Dec 2023Dec 2024CHANGE
74 Days70 Days-5.6%

Summary: Homes in Yuma had an average of 70 days on market in Dec 2024, down by 5.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

55 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Yuma has remained consistent over time.

Summary: During December 2024, 92 homes were sold in Yuma; 18% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 21% 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 5 Days Ago

Newest Listings in Yuma, AZ

Nearby Markets to Yuma, AZ