$6,531 Closing Credit*
$550,000
1,516 SqFt
3 Beds
•2 Baths
Jeffrey A. Hale, Craig Allen, Listing Office: My Home Group Real Estate
Is Apache Junction, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Apache Junction has remained a Seller's Market.
Key Takeaway
Apache Junction is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Apache Junction, AZ
How much do homes in Apache Junction, AZ cost?
Median Sold Price
$399,993
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$25,368(+6.8%)
Key Takeaway
Homes in Apache Junction have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Apache Junction was $399,993 in September 2024, up 6.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $147.5K | -14.2% |
| 2 Bedrooms | $303.7K | $319.7K | +5.3% |
| 3 Bedrooms | $380K | $399K | +5.0% |
| 4 Bedrooms | $457.2K | $463.9K | +1.5% |
| 5+ Bedrooms | $473.4K | $570K | +20.4% |
Summary: Apache Junction housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Cities
| Apache Junction | $374.6K | $399.9K | +6.8% |
| Mesa | $430.2K | $449.9K | +4.6% |
| North Pinal | $410K | $424.8K | +3.6% |
Housing Supply in Apache Junction, AZ
How many homes are available in Apache Junction, AZ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 223 | 212 | -4.9% |
Summary: The Apache Junction real estate market had 212 homes for sale in September 2024, a 4.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 123 | 110 | -10.6% |
| 4 Bedrooms | 52 | 55 | +5.8% |
| 5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Apache Junction housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 59 | 44 | -25.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apache Junction, expect to pay close to the asking price. 40.9% of homes here sold near the asking price last month.
Summary: A total of 44 homes were sold or pending in Apache Junction in September 2024, down by 25.4% month-over-month. Of the 44 sold homes, 39% were sold under asking, 41% were sold at asking, and 20% were sold over asking.
Days on Market for Apache Junction, AZ
How long does it take to sell a home in Apache Junction, AZ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 53 Days | 79 Days | +48.8% |
Summary: Homes in Apache Junction had an average of 79 days on market in Sep 2024, up by 48.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Apache Junction has remained consistent over time.
Summary: During September 2024, 44 homes were sold in Apache Junction; 20% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.