Is Goodyear, 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, Goodyear has remained a Seller's Market.
Housing Prices in Goodyear, AZ
How much do homes in Goodyear, AZ cost?
Median Sold Price
$480,254
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Goodyear was $480,254 in April 2024, down 3.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $290K | +13.7% |
2 Bedrooms | $489.5K | $476.2K | -2.7% |
3 Bedrooms | $461.9K | $448.9K | -2.8% |
4 Bedrooms | $515K | $500K | -2.9% |
5+ Bedrooms | $621.3K | $615K | -1.0% |
Summary: Goodyear housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
Avondale | $419.8K | $422.5K | +0.6% |
Glendale | $425K | $424.6K | -0.1% |
Goodyear | $495.5K | $480.2K | -3.1% |
Litchfield Park | $524.9K | $504.3K | -3.9% |
Housing Supply in Goodyear, AZ
How many homes are available in Goodyear, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
734 | 781 | +6.4% |
Summary: The Goodyear real estate market had 781 homes for sale in April 2024, a 6.4% 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 | 157 | 152 | -3.2% |
3 Bedrooms | 281 | 306 | +8.9% |
4 Bedrooms | 217 | 235 | +8.3% |
5+ Bedrooms | 79 | 88 | +11.4% |
Summary: The Goodyear 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 3.2%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
148 | 165 | +11.5% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
57 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 165 homes were sold or pending in Goodyear in April 2024, up by 11.5% month-over-month. Of the 165 sold homes, 50% were sold under asking, 35% were sold at asking, and 16% were sold over asking.
Days on Market for Goodyear, AZ
How long does it take to sell a home in Goodyear, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 73 Days | +12.6% |
Summary: Homes in Goodyear had an average of 73 days on market in Apr 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
72 Homes Were Sold
In 30 - 90 Days
45 Homes Were Sold
Over 90 Days
Summary: During April 2024, 165 homes were sold in Goodyear; 29% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.