Is Wickenburg, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wickenburg was a Seller's Market.
Housing Prices in Wickenburg, AZ
How much do homes in Wickenburg, AZ cost?
Median Sold Price
$527,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wickenburg was $527,000 in May 2024, down 5.9% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $189K | -3.1% |
2 Bedrooms | $524.9K | $500K | -4.7% |
3 Bedrooms | $600K | $570K | -5.0% |
4 Bedrooms | $682.5K | $840K | +23.1% |
5+ Bedrooms | $725K | $702.5K | -3.1% |
Summary: Wickenburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
Congress | $470K | $503K | +7.0% |
Wickenburg | $560K | $527K | -5.9% |
Housing Supply in Wickenburg, AZ
How many homes are available in Wickenburg, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
197 | 187 | -5.1% |
Summary: The Wickenburg real estate market had 187 homes for sale in May 2024, a 5.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 2 | -60.0% |
2 Bedrooms | 79 | 83 | +5.1% |
3 Bedrooms | 88 | 80 | -9.1% |
4 Bedrooms | 22 | 19 | -13.6% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Wickenburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 30 | -9.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Wickenburg in May 2024, down by 9.1% month-over-month. Of the 30 sold homes, 77% were sold under asking, 17% were sold at asking, and 7% were sold over asking.
Days on Market for Wickenburg, AZ
How long does it take to sell a home in Wickenburg, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
103 Days | 111 Days | +8.4% |
Summary: Homes in Wickenburg had an average of 111 days on market in May 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Wickenburg; 20% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.