Is Happy Jack, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Happy Jack is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Happy Jack has remained a Buyer's Market.

Key Takeaway

Happy Jack is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Happy Jack, AZ

How much do homes in Happy Jack, AZ cost?

Median Sold Price

$555,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,000(-2.6%)

Key Takeaway

Homes in Happy Jack have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Happy Jack was $555,000 in April 2024, down 2.6% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $249.9K$354.9K
+42.0%
2 $450K$517.5K
+15.0%
3 $604K$591.5K
-2.1%
4 $755K$620K
-17.9%
5+ -$1.5M
N/A

Summary: Happy Jack housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42%, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pine
0.0%
Happy Jack
-2.6%

Housing Supply in Happy Jack, AZ

How many homes are available in Happy Jack, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1927+42.1%

Summary: The Happy Jack real estate market had 27 homes for sale in April 2024, a 42.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 13
+200.0%
2 22
0.0%
3 1215
+25.0%
4 47
+75.0%
5+ 00
0.0%

Summary: The Happy Jack housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Happy Jack, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Happy Jack in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Happy Jack, AZ

How long does it take to sell a home in Happy Jack, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
14 Days181 Days+1196.4%

Summary: Homes in Happy Jack had an average of 181 days on market in Apr 2024, up by 1196.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Happy Jack are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Happy Jack; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 10 Days Ago

Newest Listings in Happy Jack, AZ

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