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

Housing Market Conditions



Gauge showing Chandler is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Chandler, AZ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Chandler have sold for 2% less than they did a year ago.

Summary: The median home sold price in Chandler was $504,364 in August 2023, down 2% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $262.5K$259K
2 $370.2K$351K
3 $480.6K$471.2K
4 $624.6K$614.9K
5+ $800K$835K

Summary: Chandler housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Cities

Queen Creek

Housing Supply

How many homes are available in Chandler, AZ?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Chandler real estate market had 628 homes for sale in August 2023, a 0.3% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 58
2 94100
3 270267
4 180170
5+ 7783

Summary: The Chandler housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 7.8%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

109 Homes Were Sold
Under Asking

46 Homes Were Sold
At Asking

57 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chandler, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 212 homes were sold or pending in Chandler in August 2023, down by 9.0% month-over-month. Of the 212 sold homes, 51% were sold under asking, 22% were sold at asking, and 27% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
36 Days40 Days+9.1%

Summary: Homes in Chandler had an average of 40 days on market in Aug 2023, up by 9.1% compared to last year.

Breakdown of Home Sale Times

115 Homes Were Sold
Under 30 Days

76 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 212 homes were sold in Chandler; 54% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 10% 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 30 Days Ago

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Nearby Markets

What housing markets are near Chandler, AZ?