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

$518,838

$201/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$13,838(+2.7%)

Key Takeaway

Homes in Heritage have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Heritage was $518,838 in April 2024, up 2.7% from last month, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$577.7K
N/A
3 -$459.9K
N/A
4 $505K-
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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Jubilation
+44.4%
Heritage
+2.7%
Overlook
+0.8%
Monticello
-20.1%

Housing Supply in Heritage, AZ

How many homes are available in Heritage, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The Heritage real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 11
0.0%
5+ 12
+100.0%

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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

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 Heritage, 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 Heritage in April 2024, up by 100.0% 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 Heritage, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
50 Days24 Days-51.0%

Summary: Homes in Heritage had an average of 24 days on market in Apr 2024, down by 51% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Heritage are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Heritage; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Heritage, AZ

Nearby Markets to Heritage, AZ