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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goodyear is a neutral's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

Goodyear 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 Goodyear, AZ cost?

Median Sold Price

$499,761

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$93,300(+23.0%)

Key Takeaway

Homes in Goodyear have sold for 23% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $272K-
N/A
2 $392.8K$487.5K
+24.1%
3 $380K$462.1K
+21.6%
4 $430K$529K
+23.0%
5+ $530K$632.5K
+19.3%

Median Sold Price Compared To Nearby Cities

Litchfield Park
+23.5%
Goodyear
+23.0%
Glendale
+21.8%
Avondale
+21.7%
Buckeye
+20.2%

How many homes are available in Goodyear, AZ?

Number of Homes For Sale

Sep 2022Oct 2022%
681679-0.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 103112
+8.7%
3 275266
-3.3%
4 234232
-0.9%
5+ 6968
-1.4%

Number of Homes Sold

Sep 2022Oct 2022%
146112-23.3%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goodyear, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days52 Days+107.6%

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Goodyear, AZ

There are 679 homes are for sale in Goodyear, AZ real estate market. The inventory of homes for sale in Goodyear, AZ between September 2022 and October 2022 decreased by 0.3%. The median list price of listings available in October 2022 was $499,761, while the average time on the real estate market was 52 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 24.1% more expensive, the cost of 3 bedrooms properties went up by 21.6%, the cost of 4 bedrooms properties went up by 23%, the cost of 5 bedrooms properties went up by 19.3%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 100%, the quantity of 2 bedrooms homes went up by 8.7%, number of 3 bedrooms homes decreased by 3.3%, volume of 4 bedrooms homes went down by 0.9%, number of 5 bedrooms homes decreased by 1.4%. Goodyear, AZ housing market in October 2022 saw over 8 listings sold above listed price, more than 32 sold at listed price and over 72 sold below.

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