Is Heber, 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, Heber was a Seller's Market.
Housing Prices in Heber, AZ
How much do homes in Heber, AZ cost?
Median Sold Price
$430,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Heber was $430,000 in March 2024, up 7.5% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $227.4K | +30.0% |
2 Bedrooms | $317.9K | $345.6K | +8.7% |
3 Bedrooms | $417.4K | $500K | +19.8% |
4 Bedrooms | $650K | $682.5K | +5.0% |
5+ Bedrooms | $636K | $1.3M | +116.2% |
Summary: Heber housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 116.2%.
Median Sold Price Compared To Nearby Cities
Overgaard | $369K | $400K | +8.4% |
Heber | $399.9K | $430K | +7.5% |
Housing Supply in Heber, AZ
How many homes are available in Heber, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 35 | +59.1% |
Summary: The Heber real estate market had 35 homes for sale in March 2024, a 59.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 10 | 16 | +60.0% |
3 Bedrooms | 7 | 12 | +71.4% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Heber housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Heber in March 2024, down by 50.0% month-over-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 Heber, AZ
How long does it take to sell a home in Heber, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
77 Days | 109 Days | +41.7% |
Summary: Homes in Heber had an average of 109 days on market in Mar 2024, up by 41.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Heber; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.