Is Overgaard, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Overgaard was a Seller's Market.
Housing Prices in Overgaard, AZ
How much do homes in Overgaard, AZ cost?
Median Sold Price
$400,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Overgaard was $400,000 in March 2024, up 8.4% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124.9K | $125K | 0.1% |
2 Bedrooms | $335.7K | $315K | -6.2% |
3 Bedrooms | $449K | $495K | +10.2% |
4 Bedrooms | $574K | $692K | +20.6% |
5+ Bedrooms | $874K | $930K | +6.4% |
Summary: Overgaard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
Overgaard | $369K | $400K | +8.4% |
Heber | $399.9K | $430K | +7.5% |
Housing Supply in Overgaard, AZ
How many homes are available in Overgaard, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Overgaard real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Overgaard housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Overgaard in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
150 Days | 48 Days | -67.6% |
Summary: Homes in Overgaard had an average of 48 days on market in Mar 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Overgaard; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.