Is Casa Grande, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Casa Grande has remained a Seller's Market.
Housing Prices in Casa Grande, AZ
How much do homes in Casa Grande, AZ cost?
Median Sold Price
$335,110
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Casa Grande was $335,110 in April 2024, down 5.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $153K | +104.0% |
2 Bedrooms | $293K | $290K | -1.0% |
3 Bedrooms | $333.9K | $315.9K | -5.4% |
4 Bedrooms | $384.1K | $350K | -8.9% |
5+ Bedrooms | $410.8K | $390K | -5.1% |
Summary: Casa Grande housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 104%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
Eloy | $284.9K | $269.9K | -5.3% |
Casa Grande | $354.9K | $335.1K | -5.6% |
Housing Supply in Casa Grande, AZ
How many homes are available in Casa Grande, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
553 | 557 | +0.7% |
Summary: The Casa Grande real estate market had 557 homes for sale in April 2024, a 0.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 73 | 66 | -9.6% |
3 Bedrooms | 237 | 249 | +5.1% |
4 Bedrooms | 196 | 196 | 0.0% |
5+ Bedrooms | 47 | 46 | -2.1% |
Summary: The Casa Grande housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 2.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 97 | -11.8% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 97 homes were sold or pending in Casa Grande in April 2024, down by 11.8% month-over-month. Of the 97 sold homes, 47% were sold under asking, 39% were sold at asking, and 13% were sold over asking.
Days on Market for Casa Grande, AZ
How long does it take to sell a home in Casa Grande, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 67 Days | -11.2% |
Summary: Homes in Casa Grande had an average of 67 days on market in Apr 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During April 2024, 97 homes were sold in Casa Grande; 37% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.