Is 86327, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 86327 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 86327 was a Seller's Market.

Key Takeaway

86327 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 86327, AZ

How much do homes in 86327, AZ cost?

Median Sold Price

$418,500

$261/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$26,500(+6.8%)

Key Takeaway

Homes in 86327 have sold for 6.8% more than they did a month ago.

Summary: The median home sold price in 86327 was $418,500 in April 2024, up 6.8% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $395K$360K
-8.9%
3 $410K$458.7K
+11.9%
4 --
N/A
5+ $325K-
N/A

Summary: 86327 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.9%, 3 bedroom homes increased by 11.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 86327, AZ

How many homes are available in 86327, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
20200.0%

Summary: The 86327 real estate market had 20 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1212
0.0%
4 34
+33.3%
5+ 10
-100.0%

Summary: The 86327 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 86327, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 86327 in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 86327, AZ

How long does it take to sell a home in 86327, AZ?

Average Sale Time

Mar 2024Apr 2024CHANGE
135 Days55 Days-58.9%

Summary: Homes in 86327 had an average of 55 days on market in Apr 2024, down by 58.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 86327 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 86327; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

Newest Listings in 86327, AZ

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