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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maricopa is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Maricopa has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Maricopa, AZ

How much do homes in Maricopa, AZ cost?

Median Sold Price

$355,331

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$389(-0.1%)

Key Takeaway

The sold price of homes in Maricopa has remained the same since last year.

Summary: The median home sold price in Maricopa was $355,331 in September 2024, down 0.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $407.5K-
N/A
2 $365K$340K
-6.8%
3 $334.2K$329.9K
-1.3%
4 $365.1K$369.9K
+1.3%
5+ $429.9K$424.9K
-1.2%

Summary: Maricopa housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Maricopa
-0.1%
Maricopa-Stanfield
-0.1%

Housing Supply in Maricopa, AZ

How many homes are available in Maricopa, AZ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
789798+1.1%

Summary: The Maricopa real estate market had 798 homes for sale in September 2024, a 1.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 4649
+6.5%
3 318316
-0.6%
4 349358
+2.6%
5+ 7675
-1.3%

Summary: The Maricopa housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 1.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
150144-4.0%

Asking Price vs. Sold Price

57 Homes Were Sold
Under Asking

59 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maricopa, expect to pay close to the asking price. 41% of homes here sold near the asking price last month.

Summary: A total of 144 homes were sold or pending in Maricopa in September 2024, down by 4.0% month-over-month. Of the 144 sold homes, 40% were sold under asking, 41% were sold at asking, and 19% were sold over asking.

Days on Market for Maricopa, AZ

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

Average Sale Time

Sep 2023Sep 2024CHANGE
76 Days80 Days+4.1%

Summary: Homes in Maricopa had an average of 80 days on market in Sep 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

75 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 144 homes were sold in Maricopa; 23% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 25% 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 30 Days Ago

Newest Listings in Maricopa, AZ

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