Is Miller Park, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miller Park is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Miller Park was a Neutral Market.

Key Takeaway

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

Housing Prices in Miller Park, AZ

How much do homes in Miller Park, AZ cost?

Median Sold Price

$401,777

$213/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$35,222(-8.1%)

Key Takeaway

Homes in Miller Park have sold for 8.1% less than they did a month ago.

Summary: The median home sold price in Miller Park was $401,777 in April 2024, down 8.1% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$335K
N/A
4 $437K$468.5K
+7.2%
5+ --
N/A

Summary: Miller Park housing prices by bedroom type for April 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 increased by 7.2%, and 5+ bedroom homes did not change.

Housing Supply in Miller Park, AZ

How many homes are available in Miller Park, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Miller Park real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Miller Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miller Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Miller Park in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Miller Park, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
19 Days13 Days-31.6%

Summary: Homes in Miller Park had an average of 13 days on market in Apr 2024, down by 31.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Miller Park are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Miller Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Miller Park, AZ