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 Last Month

Since last month, Willcox has remained a Buyer's 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

$470,000

$179/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$290,000(+161.1%)

Key Takeaway

Homes in Willcox have sold for 161.1% more than they did a month ago.

Summary: The median home sold price in Willcox was $470,000 in March 2024, up 161.1% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $180K-
N/A
4 -$470K
N/A
5+ --
N/A

Summary: Willcox housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, 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

Feb 2024Mar 2024CHANGE
3035+16.7%

Summary: The Willcox real estate market had 35 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1618
+12.5%
4 911
+22.2%
5+ 00
0.0%

Summary: The Willcox housing inventory by bedroom type for March 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 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 1 homes were sold or pending in Willcox in March 2024, the same as the previous month. Of the 1 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

Feb 2024Mar 2024CHANGE
186 Days104 Days-44.1%

Summary: Homes in Willcox had an average of 104 days on market in Mar 2024, down by 44.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

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

Summary: During March 2024, 1 homes were sold in Willcox; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

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