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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maricopa-Stanfield is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Maricopa-Stanfield, AZ

How much do homes in Maricopa-Stanfield, AZ cost?

Median Sold Price

$359,533

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$7,466(-2.0%)

Key Takeaway

Homes in Maricopa-Stanfield have sold for 2% less than they did a year ago.

Summary: The median home sold price in Maricopa-Stanfield was $359,533 in June 2024, down 2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $265K-
N/A
2 $366.2K$346.7K
-5.3%
3 $340K$332.3K
-2.3%
4 $378.6K$369.9K
-2.3%
5+ $430.9K$429.9K
-0.2%

Summary: Maricopa-Stanfield housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Cities

Gila River
+7.8%
Maricopa
-1.7%
Maricopa-Stanfield
-2.0%
Casa Grande
-2.2%

Housing Supply in Maricopa-Stanfield, AZ

How many homes are available in Maricopa-Stanfield, AZ?

Number of Homes For Sale

May 2024Jun 2024CHANGE
783796+1.7%

Summary: The Maricopa-Stanfield real estate market had 796 homes for sale in June 2024, a 1.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 4845
-6.3%
3 332347
+4.5%
4 321326
+1.6%
5+ 8278
-4.9%

Summary: The Maricopa-Stanfield housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 4.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
167152-9.0%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

58 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maricopa-Stanfield, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 152 homes were sold or pending in Maricopa-Stanfield in June 2024, down by 9.0% month-over-month. Of the 152 sold homes, 42% were sold under asking, 38% were sold at asking, and 20% were sold over asking.

Days on Market for Maricopa-Stanfield, AZ

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

Average Sale Time

Jun 2023Jun 2024CHANGE
74 Days75 Days+1.2%

Summary: Homes in Maricopa-Stanfield had an average of 75 days on market in Jun 2024, up by 1.2% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

70 Homes Were Sold
In 30 - 90 Days

39 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 152 homes were sold in Maricopa-Stanfield; 28% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 26% 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 26 Days Ago

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