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

Housing Market Conditions



Gauge showing Avondale is a seller's market


Difference Since March 2023

Since last year, Avondale has remained a Seller's Market.

Key Takeaway

Avondale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Avondale, AZ

How much do homes in Avondale, AZ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Avondale have sold for 1% less than they did a year ago.

Summary: The median home sold price in Avondale was $420,000 in March 2024, down 1% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135.2K-
2 $330K$226.5K
3 $404.6K$395.1K
4 $435.3K$433.9K
5+ $493.2K$517.9K

Summary: Avondale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Cities

Litchfield Park

Housing Supply in Avondale, AZ

How many homes are available in Avondale, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Avondale real estate market had 378 homes for sale in March 2024, a 2.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
2 32
3 160156
4 179178
5+ 2742

Summary: The Avondale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 55.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avondale, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in Avondale in March 2024, up by 19.7% month-over-month. Of the 85 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% were sold over asking.

Days on Market for Avondale, AZ

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

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days68 Days+7.5%

Summary: Homes in Avondale had an average of 68 days on market in Mar 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Avondale has remained consistent over time.

Summary: During March 2024, 85 homes were sold in Avondale; 26% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 28% 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 24 Days Ago

Newest Listings in Avondale, AZ

Nearby Markets to Avondale, AZ

What housing markets are near Avondale, AZ?