Is Eloy, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$290,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eloy was $290,000 in March 2024, up 1.8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $75K | N/A |
2 Bedrooms | $405K | $421.2K | +4.0% |
3 Bedrooms | $254.9K | $250K | -2.0% |
4 Bedrooms | $251.9K | $264.9K | +5.1% |
5+ Bedrooms | $275K | $290K | +5.5% |
Summary: Eloy 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 increased by 4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Eloy | $284.9K | $290K | +1.8% |
Arizona City | $260K | $254.9K | -1.9% |
Casa Grande | $359.9K | $334.9K | -6.9% |
Housing Supply in Eloy, AZ
How many homes are available in Eloy, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
126 | 136 | +7.9% |
Summary: The Eloy real estate market had 136 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 73 | 79 | +8.2% |
3 Bedrooms | 40 | 46 | +15.0% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eloy housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 16 | +45.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Eloy in March 2024, up by 45.5% month-over-month. Of the 16 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 61 Days | +11.0% |
Summary: Homes in Eloy had an average of 61 days on market in Mar 2024, up by 11% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Eloy; 25% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.