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

Housing Market Conditions



Gauge showing Overgaard is a buyer's market


Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Overgaard, AZ

How much do homes in Overgaard, AZ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Overgaard have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Overgaard was $400,000 in May 2024, up 9.7% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $124.9K$125K
2 $327.2K$320.5K
3 $449K$495K
4 $570K$725K
5+ $874K$930K

Summary: Overgaard housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Overgaard, AZ

How many homes are available in Overgaard, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Overgaard real estate market had 34 homes for sale in May 2024, a 41.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
2 1115
3 814
4 22
5+ 11

Summary: The Overgaard 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 increased by 36.4%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

2 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 Overgaard, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Overgaard in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Overgaard, AZ

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

Average Sale Time

May 2023May 2024CHANGE
76 Days70 Days-8.1%

Summary: Homes in Overgaard had an average of 70 days on market in May 2024, down by 8.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Overgaard; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Overgaard, AZ

Nearby Markets to Overgaard, AZ

What housing markets are near Overgaard, AZ?