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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maricopa is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Maricopa was a Seller's Market.

Key Takeaway

Maricopa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Maricopa, AZ cost?

Median Sold Price

$398,063

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$48,065(+13.7%)

Key Takeaway

Homes in Maricopa have sold for 13.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $322.9K$375K
+16.1%
3 $329.6K$373.8K
+13.4%
4 $363.8K$408.7K
+12.3%
5+ $415K$452.1K
+8.9%

Median Sold Price Compared To Nearby Cities

Gila River
+21.8%
Maricopa
+13.7%
Maricopa-Stanfield
+13.7%

How many homes are available in Maricopa, AZ?

Number of Homes For Sale

Dec 2022Jan 2023%
709757+6.8%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 11
0.0%
2 3843
+13.2%
3 303331
+9.2%
4 280292
+4.3%
5+ 8790
+3.4%

Number of Homes Sold

Dec 2022Jan 2023%
10093-7.0%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maricopa, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
38 Days89 Days+134.5%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

39 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Maricopa are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Maricopa, AZ

Homes for sale in Maricopa, AZ have reached 757. The number of homes for sale in Maricopa, AZ increased by 6.8% between December 2022 and January 2023. In January 2023, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $398,063. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 16.1%, the cost of 3 bedrooms properties went up by 13.4%, prices of 4 bedrooms properties went up by 12.3%, prices of 5 bedrooms properties went up by 8.9%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 13.2%, 3 bedrooms homes became 9.2% more available, 4 bedrooms homes inventory increased by 4.3%, volume of 5 bedrooms homes went up by 3.4%. In January 2023, from all listings sold in Maricopa, AZ there were more than 12 sold above asking price, over 54 sold below and more than 27 were sold right at the asked price.

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