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

Housing Market Conditions



Gauge showing Snowflake is a seller's market


Difference Since May 2023

At the same time last year, Snowflake was a Neutral Market.

Key Takeaway

Snowflake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Snowflake, AZ

How much do homes in Snowflake, AZ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Snowflake have sold for 20.4% more than they did a year ago.

Summary: The median home sold price in Snowflake was $415,000 in May 2024, up 20.4% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
2 $246.5K$265K
3 $323K$380K
4 $350K$550K
5+ $674K$700K

Summary: Snowflake housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 3.9%.

Housing Supply in Snowflake, AZ

How many homes are available in Snowflake, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Snowflake real estate market had 16 homes for sale in May 2024, a 45.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
2 01
3 67
4 33
5+ 24

Summary: The Snowflake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snowflake, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Snowflake in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Snowflake, AZ

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

Average Sale Time

May 2023May 2024CHANGE
249 Days65 Days-73.9%

Summary: Homes in Snowflake had an average of 65 days on market in May 2024, down by 73.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Snowflake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 4 homes were sold in Snowflake; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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

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