Is Arizona City, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arizona City is a neutral's market

Buyer's
Market

Difference Since April 2022

At the same time last year, Arizona City was a Seller's Market.

Key Takeaway

Arizona City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Arizona City, AZ cost?

Median Sold Price

$259,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

-$6,000(-2.3%)

Key Takeaway

Homes in Arizona City have sold for 2.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $125K-
N/A
2 $215K$240K
+11.6%
3 $267K$265K
-0.7%
4 $276.3K$252.2K
-8.7%
5+ $270K$346K
+28.1%

Median Sold Price Compared To Nearby Cities

Arizona City
-2.3%
Eloy
-11.2%

How many homes are available in Arizona City, AZ?

Number of Homes For Sale

Mar 2023Apr 2023%
154162+5.2%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
0.0%
2 710
+42.9%
3 99103
+4.0%
4 4848
0.0%
5+ 01
+100.0%

Number of Homes Sold

Mar 2023Apr 2023%
3724-35.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arizona City, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Average Sale Time

Apr 2022Apr 2023%
29 Days49 Days+67.0%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Arizona City, AZ

Arizona City, AZ has 162 homes for sale to choose from. In April 2023 in Arizona City, AZ there were 5.2% more homes for sale than in March 2023. Listings spent 49 days on the market in April 2023, and had a median list price of $259,000 during the same period. Listing prices have changed in this real estate market between March 2023 and April 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 11.6%, 3 bedrooms properties became 0.7% more cheaper, prices of 4 bedrooms properties went down by 8.7%, prices of 5 bedrooms properties increased by 28.1%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 42.9%, volume of 3 bedrooms homes went up by 4%, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes went up by 100%. In April 2023, from all listings sold in Arizona City, AZ there were more than 5 sold above asking price, over 9 sold below and more than 10 were sold right at the asked price.

Related Housing Market Reports