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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heritage is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Heritage has remained a Seller's Market.

Key Takeaway

Heritage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Heritage, AZ

How much do homes in Heritage, AZ cost?

Median Sold Price

$565,000

$261/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$31,000(+5.8%)

Key Takeaway

Homes in Heritage have sold for 5.8% more than they did a month ago.

Summary: The median home sold price in Heritage was $565,000 in April 2024, up 5.8% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $534K$520K
-2.6%
4 -$610K
N/A
5+ --
N/A

Summary: Heritage housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Heritage, AZ

How many homes are available in Heritage, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Heritage real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Heritage housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heritage, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Heritage in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Heritage, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
26 Days81 Days+211.5%

Summary: Homes in Heritage had an average of 81 days on market in Apr 2024, up by 211.5% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Heritage; 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.

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

Report Updated 1 Day Ago

Newest Listings in Heritage, AZ

Nearby Markets to Heritage, AZ