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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wickenburg is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Wickenburg was a Seller's Market.

Key Takeaway

Wickenburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wickenburg, AZ

How much do homes in Wickenburg, AZ cost?

Median Sold Price

$527,000

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$33,000(-5.9%)

Key Takeaway

Homes in Wickenburg have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Wickenburg was $527,000 in May 2024, down 5.9% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $195K$189K
-3.1%
2 $524.9K$500K
-4.7%
3 $600K$570K
-5.0%
4 $682.5K$840K
+23.1%
5+ $725K$702.5K
-3.1%

Summary: Wickenburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Cities

Congress
+7.0%
Wickenburg
-5.9%

Housing Supply in Wickenburg, AZ

How many homes are available in Wickenburg, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE
197187-5.1%

Summary: The Wickenburg real estate market had 187 homes for sale in May 2024, a 5.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 52
-60.0%
2 7983
+5.1%
3 8880
-9.1%
4 2219
-13.6%
5+ 33
0.0%

Summary: The Wickenburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
3330-9.1%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wickenburg, you may be able to get a good deal. 76.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Wickenburg in May 2024, down by 9.1% month-over-month. Of the 30 sold homes, 77% were sold under asking, 17% were sold at asking, and 7% were sold over asking.

Days on Market for Wickenburg, AZ

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

Average Sale Time

May 2023May 2024CHANGE
103 Days111 Days+8.4%

Summary: Homes in Wickenburg had an average of 111 days on market in May 2024, up by 8.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 30 homes were sold in Wickenburg; 20% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 43% 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 16 Days Ago

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