Is Eloy, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Eloy was a Seller's Market.
Housing Prices in Eloy, AZ
How much do homes in Eloy, AZ cost?
Median Sold Price
$299,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Eloy was $299,900 in June 2024, up 9.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $75K | N/A |
2 Bedrooms | $425K | $400K | -5.9% |
3 Bedrooms | $250K | $250K | 0.0% |
4 Bedrooms | $249.9K | $267.9K | +7.2% |
5+ Bedrooms | $290K | - | N/A |
Summary: Eloy housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Eloy | $275K | $299.9K | +9.1% |
Arizona City | $249.9K | $256.9K | +2.8% |
Casa Grande | $343.4K | $336K | -2.2% |
Housing Supply in Eloy, AZ
How many homes are available in Eloy, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
112 | 107 | -4.5% |
Summary: The Eloy real estate market had 107 homes for sale in June 2024, a 4.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 58 | 56 | -3.4% |
3 Bedrooms | 40 | 36 | -10.0% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eloy housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 15 | -37.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Eloy in June 2024, down by 37.5% month-over-month. Of the 15 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for Eloy, AZ
How long does it take to sell a home in Eloy, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
57 Days | 123 Days | +114.7% |
Summary: Homes in Eloy had an average of 123 days on market in Jun 2024, up by 114.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During June 2024, 15 homes were sold in Eloy; 7% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.