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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ironwood is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ironwood was a Neutral Market.

Key Takeaway

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

Housing Prices in Ironwood, AZ

How much do homes in Ironwood, AZ cost?

Median Sold Price

$465,000

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,500(+5.1%)

Key Takeaway

Homes in Ironwood have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Ironwood was $465,000 in April 2024, up 5.1% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $442.5K$410K
-7.3%
3 $442.5K$540K
+22.0%
4 --
N/A
5+ --
N/A

Summary: Ironwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 22%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Ironwood
+5.1%
Mountainbrook Village
+2.8%
Gold Canyon
-3.1%

Housing Supply in Ironwood, AZ

How many homes are available in Ironwood, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
68+33.3%

Summary: The Ironwood real estate market had 8 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Ironwood 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 increased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 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 Ironwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ironwood in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ironwood, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
136 Days87 Days-35.5%

Summary: Homes in Ironwood had an average of 87 days on market in Apr 2024, down by 35.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Ironwood has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Ironwood; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

Newest Listings in Ironwood, AZ

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