Is North Pinal, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Pinal is a buyer's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in North Pinal, AZ cost?

Median Sold Price

$445,827

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$55,804(+14.3%)

Key Takeaway

Homes in North Pinal have sold for 14.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $128.4K$154.4K
+20.2%
2 $377.9K$410.4K
+8.6%
3 $367.7K$423.6K
+15.2%
4 $410K$470K
+14.6%
5+ $455K$535K
+17.6%

Median Sold Price Compared To Nearby Cities

Superior
+30.2%
San Tan Valley
+15.4%
Queen Creek
+14.8%
North Pinal
+14.3%
Florence
+10.2%

How many homes are available in North Pinal, AZ?

Number of Homes For Sale

Dec 2022Jan 2023%
1,1821,264+6.9%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 86
-25.0%
2 130150
+15.4%
3 503520
+3.4%
4 416460
+10.6%
5+ 125128
+2.4%

Number of Homes Sold

Dec 2022Jan 2023%
208144-30.8%

Asking Price vs. Sold Price

90 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Pinal, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
31 Days81 Days+157.0%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

65 Homes Were Sold
In 30 - 90 Days

50 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Pinal has remained consistent over time.

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

About North Pinal, AZ

Homes for sale in North Pinal, AZ have reached 1,264. The inventory of homes for sale in North Pinal, AZ between December 2022 and January 2023 increased by 6.9%. While the average time on the market in January 2023 was 81 days, the median list price was $445,827. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 20.2%, prices of 2 bedrooms properties increased by 8.6%, prices of 3 bedrooms properties increased by 15.2%, 4 bedrooms properties became 14.6% more expensive, prices of 5 bedrooms properties increased by 17.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 25% less available, 2 bedrooms homes became 15.4% more available, volume of 3 bedrooms homes went up by 3.4%, 4 bedrooms homes became 10.6% more available, 5 bedrooms homes inventory increased by 2.4%. North Pinal, AZ housing market in January 2023 saw over 17 listings sold above listed price, more than 37 sold at listed price and over 90 sold below.

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