Is Heber, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$405,500
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Heber was $405,500 in June 2024, up 1.4% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $227.4K | +30.0% |
2 Bedrooms | $332.7K | $340K | +2.2% |
3 Bedrooms | $460K | $490K | +6.5% |
4 Bedrooms | $684.5K | $525K | -23.3% |
5+ Bedrooms | $1.0M | $685K | -31.9% |
Summary: Heber housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes decreased by 31.9%.
Median Sold Price Compared To Nearby Cities
Overgaard | $371.9K | $400K | +7.5% |
Heber | $399.9K | $405.5K | +1.4% |
Forest Lakes | $640K | $535K | -16.4% |
Housing Supply in Heber, AZ
How many homes are available in Heber, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
64 | 68 | +6.3% |
Summary: The Heber real estate market had 68 homes for sale in June 2024, a 6.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 24 | 30 | +25.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Heber housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Heber in June 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
62 Days | 51 Days | -18.1% |
Summary: Homes in Heber had an average of 51 days on market in Jun 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 10 homes were sold in Heber; 10% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.