Is Show Low, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Show Low was a Seller's Market.
Key Takeaway
Show Low is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Show Low, AZ
How much do homes in Show Low, AZ cost?
Median Sold Price
$490,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Show Low have sold for 2% less than they did a year ago.
Summary: The median home sold price in Show Low was $490,000 in June 2024, down 2% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.9K | $300K | +27.7% |
| 2 Bedrooms | $330K | $329K | -0.3% |
| 3 Bedrooms | $530K | $504.5K | -4.8% |
| 4 Bedrooms | $785K | $886.5K | +12.9% |
| 5+ Bedrooms | $1.4M | $792.4K | -43.4% |
Summary: Show Low housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 43.4%.
Median Sold Price Compared To Nearby Cities
| Lakeside | $412K | $414K | 0.5% |
| Show Low | $500.2K | $490K | -2.0% |
Housing Supply in Show Low, AZ
How many homes are available in Show Low, AZ?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 110 | 108 | -1.8% |
Summary: The Show Low real estate market had 108 homes for sale in June 2024, a 1.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 58 | 55 | -5.2% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Show Low housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 24 | 8 | -66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Show Low, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Show Low in June 2024, down by 66.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Show Low, AZ
How long does it take to sell a home in Show Low, AZ?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 59 Days | 62 Days | +4.6% |
Summary: Homes in Show Low had an average of 62 days on market in Jun 2024, up by 4.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Show Low has remained consistent over time.
Summary: During June 2024, 8 homes were sold in Show Low; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.