Is Mc Neal, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Neal is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mc Neal was a Neutral Market.

Key Takeaway

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

Housing Prices in Mc Neal, AZ

How much do homes in Mc Neal, AZ cost?

Median Sold Price

$229,500

$113/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$500(-0.2%)

Key Takeaway

The sold price of homes in Mc Neal has remained the same since last month.

Summary: The median home sold price in Mc Neal was $229,500 in May 2024, down 0.2% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $230K-
N/A
4 -$229.5K
N/A
5+ --
N/A

Summary: Mc Neal housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elfrida
+11.1%
Mc Neal
-0.2%

Housing Supply in Mc Neal, AZ

How many homes are available in Mc Neal, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE
65-16.7%

Summary: The Mc Neal real estate market had 5 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Mc Neal housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Neal, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Mc Neal in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Mc Neal, AZ

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

Average Sale Time

Apr 2024May 2024CHANGE
50 Days93 Days+86.0%

Summary: Homes in Mc Neal had an average of 93 days on market in May 2024, up by 86% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Mc Neal; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Mc Neal, AZ

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