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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tolleson is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Tolleson has remained a Seller's Market.

Key Takeaway

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

How much do homes in Tolleson, AZ cost?

Median Sold Price

$375,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$60,000(+19.0%)

Key Takeaway

Homes in Tolleson have sold for 19% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $185K$250K
+35.1%
3 $315K$355K
+12.7%
4 $365K$430K
+17.8%
5+ $325.5K$453.8K
+39.4%

Median Sold Price Compared To Nearby Cities

Tolleson
+19.0%
Avondale
+14.7%
Phoenix
+14.1%

How many homes are available in Tolleson, AZ?

Number of Homes For Sale

Dec 2022Jan 2023%
2425+4.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 1414
0.0%
4 67
+16.7%
5+ 33
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Jan 2022Jan 2023%
20 Days71 Days+252.9%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tolleson, AZ

Number of homes for sale in Tolleson, AZ real estate market have reached 25. The number of listings in Tolleson, AZ increased by 4.2% between December 2022 and January 2023. Listings spent 71 days on the market in January 2023, and had a median list price of $375,000 during the same period. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 35.1%, the cost of 3 bedrooms properties went up by 12.7%, prices of 4 bedrooms properties went up by 17.8%, 5 bedrooms properties became 39.4% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes remained the same, number of 4 bedrooms homes increased by 16.7%, volume of 5 bedrooms homes stayed the same. In January 2023 more than 0 listings in Tolleson, AZ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below.

Related Housing Market Reports