Is Ironwood, 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, Ironwood has remained a Seller's Market.
Housing Prices in Ironwood, AZ
How much do homes in Ironwood, AZ cost?
Median Sold Price
$430,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ironwood was $430,000 in April 2024, down 4.4% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219.9K | $204.5K | -7.0% |
2 Bedrooms | $400K | $389.9K | -2.5% |
3 Bedrooms | $460K | $435K | -5.4% |
4 Bedrooms | $500K | $510K | +2.0% |
5+ Bedrooms | $710K | $552.5K | -22.2% |
Summary: Ironwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 22.2%.
Housing Supply in Ironwood, AZ
How many homes are available in Ironwood, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 152 | -3.2% |
Summary: The Ironwood real estate market had 152 homes for sale in April 2024, a 3.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 67 | 64 | -4.5% |
3 Bedrooms | 46 | 55 | +19.6% |
4 Bedrooms | 34 | 26 | -23.5% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Ironwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 19.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 41 | -10.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Ironwood in April 2024, down by 10.9% month-over-month. Of the 41 sold homes, 63% were sold under asking, 27% were sold at asking, and 10% were sold over asking.
Days on Market for Ironwood, AZ
How long does it take to sell a home in Ironwood, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 51 Days | -19.3% |
Summary: Homes in Ironwood had an average of 51 days on market in Apr 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 41 homes were sold in Ironwood; 32% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.