Is Queen Creek, AZ a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Queen Creek is a buyer's market


Difference Since January 2023

Since last year, Queen Creek has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Queen Creek, AZ

How much do homes in Queen Creek, AZ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Queen Creek have sold for 7% less than they did a year ago.

Summary: The median home sold price in Queen Creek was $591,637 in January 2024, down 7% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $248.7K-
2 $525K$485.5K
3 $525K$491.8K
4 $654.7K$604.9K
5+ $811K$773.1K

Summary: Queen Creek housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Cities

Queen Creek
Queen Creek
North Pinal
San Tan Valley

Housing Supply in Queen Creek, AZ

How many homes are available in Queen Creek, AZ?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Queen Creek real estate market had 573 homes for sale in January 2024, a 9.4% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
2 1615
3 150164
4 251276
5+ 107118

Summary: The Queen Creek housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Queen Creek, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in Queen Creek in January 2024, down by 15.3% month-over-month. Of the 72 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.

Days on Market for Queen Creek, AZ

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

Average Sale Time

Jan 2023Jan 2024CHANGE
84 Days83 Days-1.1%

Summary: Homes in Queen Creek had an average of 83 days on market in Jan 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Queen Creek has remained consistent over time.

Summary: During January 2024, 72 homes were sold in Queen Creek; 28% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 35% 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 29 Days Ago

Newest Listings in Queen Creek, AZ

Nearby Markets to Queen Creek, AZ

What housing markets are near Queen Creek, AZ?