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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willcox is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Willcox, AZ

How much do homes in Willcox, AZ cost?

Median Sold Price

$220,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$58,000(+35.8%)

Key Takeaway

Homes in Willcox have sold for 35.8% more than they did a year ago.

Summary: The median home sold price in Willcox was $220,000 in May 2024, up 35.8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$29K
N/A
2 $158.5K$133.5K
-15.8%
3 $168K$220K
+31.0%
4 $195.5K$372.5K
+90.5%
5+ -$220K
N/A

Summary: Willcox 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 decreased by 15.8%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 90.5%, and 5+ bedroom homes did not change.

Housing Supply in Willcox, AZ

How many homes are available in Willcox, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2832+14.3%

Summary: The Willcox real estate market had 32 homes for sale in May 2024, a 14.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1417
+21.4%
4 99
0.0%
5+ 00
0.0%

Summary: The Willcox housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

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 Willcox, 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 Willcox in May 2024, up by 100.0% month-over-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 Willcox, AZ

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

Average Sale Time

May 2023May 2024CHANGE
91 Days69 Days-23.6%

Summary: Homes in Willcox had an average of 69 days on market in May 2024, down by 23.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Willcox are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Willcox; 50% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in Willcox, AZ

Nearby Markets to Willcox, AZ