Housing Prices in Ward 5, AZ

How much do homes in Ward 5, AZ cost?

Median List Price

$279,000

$212/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

+$9,000(+3.3%)

Key Takeaway

The list price of homes in Ward 5 has increased by 3.3% since February.

Summary: The median home list price in Ward 5 was $279,000 in March 2024, up 3.3% from the previous month, and the median price per square foot was $212.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $69.7K$88K
+26.2%
2 $239K$235K
-1.7%
3 $279.9K$279.9K
0.0%
4 $285K$297.5K
+4.4%
5+ $355.2K$355.2K
0.0%

Summary: Ward 5 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 26.2%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Rancho Buena
+5.9%
Ward 5
+3.3%
Mortimore
0.0%
Drexel Park
0.0%

Housing Supply in Ward 5, AZ

How many homes are available in Ward 5, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
70111+58.6%

Summary: The Ward 5 real estate market had 111 homes for sale in March 2024, a 58.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 25
+150.0%
2 1925
+31.6%
3 3150
+61.3%
4 1730
+76.5%
5+ 11
0.0%

Summary: The Ward 5 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 61.3%, 4 bedroom homes increased by 76.5%, and 5+ bedroom homes remained the same.

Days on Market for Ward 5, AZ

How long does it take to sell a home in Ward 5, AZ?

Average Listing Age

Feb 2024Mar 2024CHANGE
57 Days61 Days+7.9%

Summary: Homes in Ward 5 had an average listing age of 61 days in Mar 2024, up by 7.9% compared to the previous month.

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

Report Updated 28 Days Ago

Newest Listings in Ward 5, AZ

Nearby Markets to Ward 5, AZ