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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eloy is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Eloy, AZ cost?

Median Sold Price

$285,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$15,500(+5.8%)

Key Takeaway

Homes in Eloy have sold for 5.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $279.7K$325K
+16.2%
3 $165K$222.9K
+35.1%
4 $132.5K$178K
+34.3%
5+ $225K$306K
+36.0%

Median Sold Price Compared To Nearby Cities

Arizona City
+34.7%
Casa Grande
+28.8%
Eloy
+5.8%

How many homes are available in Eloy, AZ?

Number of Homes For Sale

Nov 2021Dec 2021%
5346-13.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 2421
-12.5%
3 2119
-9.5%
4 86
-25.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
18180.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eloy, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
68 Days37 Days-44.7%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Eloy, AZ

Homes for sale in Eloy, AZ have reached 46. Between November 2021 and December 2021, Eloy, AZ real estate market has seen decrease in the number of listings by 13.2%. Listings spent 37 days on the market in December 2021, and had a median list price of $285,000 during the same period. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 16.2% more expensive, prices of 3 bedrooms properties increased by 35.1%, the cost of 4 bedrooms properties went up by 34.3%, prices of 5 bedrooms properties went up by 36%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 12.5%, 3 bedrooms homes became 9.5% less available, number of 4 bedrooms homes decreased by 25%, the quantity of 5 bedrooms homes have not changed. Eloy, AZ housing market in December 2021 saw over 4 listings sold above listed price, more than 7 sold at listed price and over 7 sold below.

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