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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eloy is a neutral's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

Eloy 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 Eloy, AZ cost?

Median Sold Price

$285,000

$203/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since December 2021.

Key Takeaway

The sold price of homes in Eloy has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $325K$396.5K
+22.0%
3 $224.9K$251.9K
+12.0%
4 $177K$261.9K
+48.0%
5+ $306K$240K
-21.6%

Median Sold Price Compared To Nearby Cities

Casa Grande
+24.3%
Arizona City
+13.4%
Eloy
0.0%

How many homes are available in Eloy, AZ?

Number of Homes For Sale

Nov 2022Dec 2022%
5869+19.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 2024
+20.0%
3 2226
+18.2%
4 1619
+18.8%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
510+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 70% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
38 Days75 Days+96.2%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Eloy, AZ

Number of homes for sale in Eloy, AZ real estate market have reached 69. The inventory of homes for sale in Eloy, AZ between November 2022 and December 2022 increased by 19%. In December 2022, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $285,000. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 22% more expensive, 3 bedrooms properties became 12% more expensive, 4 bedrooms properties became 48% more expensive, prices of 5 bedrooms properties went down by 21.6%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 20%, 3 bedrooms homes inventory increased by 18.2%, 4 bedrooms homes inventory increased by 18.8%, the quantity of 5 bedrooms homes have not changed. While more than 2 listings in Eloy, AZ in December 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below.

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