Is Goodyear, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Goodyear has remained a Seller's Market.
Housing Prices in Goodyear, AZ
How much do homes in Goodyear, AZ cost?
Median Sold Price
$478,966
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Goodyear was $478,966 in March 2024, down 4.2% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $257.5K | -9.6% |
2 Bedrooms | $492.5K | $465.6K | -5.4% |
3 Bedrooms | $464.6K | $449K | -3.4% |
4 Bedrooms | $522K | $498.1K | -4.6% |
5+ Bedrooms | $630K | $609K | -3.3% |
Summary: Goodyear housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
Avondale | $424.1K | $420K | -1.0% |
Glendale | $430.1K | $420K | -2.4% |
Goodyear | $499.9K | $478.9K | -4.2% |
Litchfield Park | $535.5K | $497.7K | -7.1% |
Housing Supply in Goodyear, AZ
How many homes are available in Goodyear, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
660 | 745 | +12.9% |
Summary: The Goodyear real estate market had 745 homes for sale in March 2024, a 12.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 139 | 161 | +15.8% |
3 Bedrooms | 246 | 284 | +15.4% |
4 Bedrooms | 203 | 220 | +8.4% |
5+ Bedrooms | 72 | 80 | +11.1% |
Summary: The Goodyear housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 150 | +44.2% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 150 homes were sold or pending in Goodyear in March 2024, up by 44.2% month-over-month. Of the 150 sold homes, 46% were sold under asking, 35% were sold at asking, and 19% were sold over asking.
Days on Market for Goodyear, AZ
How long does it take to sell a home in Goodyear, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 77 Days | +5.9% |
Summary: Homes in Goodyear had an average of 77 days on market in Mar 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
53 Homes Were Sold
In 30 - 90 Days
48 Homes Were Sold
Over 90 Days
Summary: During March 2024, 150 homes were sold in Goodyear; 33% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.