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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snowflake is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Snowflake has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Snowflake, AZ

How much do homes in Snowflake, AZ cost?

Median Sold Price

$320,000

$166/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$35,000(+12.3%)

Key Takeaway

Homes in Snowflake have sold for 12.3% more than they did a month ago.

Summary: The median home sold price in Snowflake was $320,000 in September 2024, up 12.3% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $295K-
N/A
3 $275K$320K
+16.4%
4 --
N/A
5+ --
N/A

Summary: Snowflake housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Taylor
+56.9%
Snowflake
+12.3%

Housing Supply in Snowflake, AZ

How many homes are available in Snowflake, AZ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1615-6.3%

Summary: The Snowflake real estate market had 15 homes for sale in September 2024, a 6.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 22
0.0%
3 76
-14.3%
4 22
0.0%
5+ 44
0.0%

Summary: The Snowflake housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Snowflake in September 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Aug 2024Sep 2024CHANGE
37 Days42 Days+12.0%

Summary: Homes in Snowflake had an average of 42 days on market in Sep 2024, up by 12% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Snowflake; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Snowflake, AZ

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