Is Indian Bend, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Indian Bend has remained a Seller's Market.
Housing Prices in Indian Bend, AZ
How much do homes in Indian Bend, AZ cost?
Median Sold Price
$583,643
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Indian Bend was $583,643 in April 2024, up 3.3% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $283.5K | $275K | -3.0% |
2 Bedrooms | $430K | $430.6K | 0.2% |
3 Bedrooms | $665K | $699.7K | +5.2% |
4 Bedrooms | $890K | $917.5K | +3.1% |
5+ Bedrooms | $2.6M | $2.6M | -1.5% |
Summary: Indian Bend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Neighborhoods
Villa Monterey | $435K | $467.5K | +7.5% |
Indian Bend | $565K | $583.6K | +3.3% |
Winfield Place Condominiums | $310K | $310K | 0.0% |
Housing Supply in Indian Bend, AZ
How many homes are available in Indian Bend, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
510 | 536 | +5.1% |
Summary: The Indian Bend real estate market had 536 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 47 | 53 | +12.8% |
2 Bedrooms | 218 | 222 | +1.8% |
3 Bedrooms | 139 | 152 | +9.4% |
4 Bedrooms | 70 | 69 | -1.4% |
5+ Bedrooms | 36 | 40 | +11.1% |
Summary: The Indian Bend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 131 | +56.0% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 131 homes were sold or pending in Indian Bend in April 2024, up by 56.0% month-over-month. Of the 131 sold homes, 68% were sold under asking, 18% were sold at asking, and 15% were sold over asking.
Days on Market for Indian Bend, AZ
How long does it take to sell a home in Indian Bend, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 68 Days | -4.4% |
Summary: Homes in Indian Bend had an average of 68 days on market in Apr 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
57 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During April 2024, 131 homes were sold in Indian Bend; 31% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.