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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tombstone is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Tombstone was a Neutral Market.

Key Takeaway

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

Housing Prices in Tombstone, AZ

How much do homes in Tombstone, AZ cost?

Median Sold Price

$247,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,500(+5.3%)

Key Takeaway

Homes in Tombstone have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Tombstone was $247,000 in April 2024, up 5.3% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $175.5K$165K
-6.0%
2 $204K$225K
+10.3%
3 $240K$249.9K
+4.1%
4 $254.9K$250K
-1.9%
5+ $339K-
N/A

Summary: Tombstone housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 1.9%, 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

Mar 2024Apr 2024CHANGE
1615-6.3%

Summary: The Tombstone real estate market had 15 homes for sale in April 2024, a 6.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 96
-33.3%
4 00
0.0%
5+ 33
0.0%

Summary: The Tombstone housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tombstone, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Tombstone in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% 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 2023Apr 2024CHANGE
33 Days37 Days+10.4%

Summary: Homes in Tombstone had an average of 37 days on market in Apr 2024, up by 10.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 April 2024, 2 homes were sold in Tombstone; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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