Housing Prices in Ward 5, AZ

How much do homes in Ward 5, AZ cost?

Median List Price

$285,000

$212/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$2,000(-0.7%)

Key Takeaway

The list price of homes in Ward 5 has decreased by 0.7% since April.

Summary: The median home list price in Ward 5 was $285,000 in May 2024, down 0.7% from the previous month, and the median price per square foot was $212.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $294.4K$189K
-35.8%
2 $243K$245K
+0.8%
3 $296.9K$289K
-2.7%
4 $299K$299K
0.0%
5+ $362.5K$409.9K
+13.1%

Summary: Ward 5 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 13.1%.

Median List Price Compared To Nearby Neighborhoods

Mortimore
0.0%
Ward 5
-0.7%
Bravo Park Lane
-6.4%

Housing Supply in Ward 5, AZ

How many homes are available in Ward 5, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5091+82.0%

Summary: The Ward 5 real estate market had 91 homes for sale in May 2024, a 82.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 1123
+109.1%
3 2038
+90.0%
4 1523
+53.3%
5+ 24
+100.0%

Summary: The Ward 5 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 109.1%, 3 bedroom homes increased by 90%, 4 bedroom homes increased by 53.3%, and 5+ bedroom homes increased by 100%.

Days on Market for Ward 5, AZ

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

Average Listing Age

Apr 2024May 2024CHANGE
64 Days58 Days-10.0%

Summary: Homes in Ward 5 had an average listing age of 58 days in May 2024, down by 10% compared to the previous month.

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

Report Updated 12 Days Ago

Newest Listings in Ward 5, AZ

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