Is Maricopa, 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, Maricopa has remained a Seller's Market.
Housing Prices in Maricopa, AZ
How much do homes in Maricopa, AZ cost?
Median Sold Price
$359,986
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Maricopa was $359,986 in April 2024, down 5.6% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $550K | +107.5% |
2 Bedrooms | $375K | $350K | -6.7% |
3 Bedrooms | $359.6K | $335.3K | -6.8% |
4 Bedrooms | $397K | $369.7K | -6.9% |
5+ Bedrooms | $443.4K | $429.9K | -3.0% |
Summary: Maricopa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.5%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Maricopa | $381.4K | $359.9K | -5.6% |
Maricopa-Stanfield | $381.4K | $359.9K | -5.6% |
Housing Supply in Maricopa, AZ
How many homes are available in Maricopa, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
764 | 755 | -1.2% |
Summary: The Maricopa real estate market had 755 homes for sale in April 2024, a 1.2% decrease 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 | 58 | 55 | -5.2% |
3 Bedrooms | 337 | 320 | -5.0% |
4 Bedrooms | 283 | 300 | +6.0% |
5+ Bedrooms | 86 | 80 | -7.0% |
Summary: The Maricopa 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 5.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
175 | 152 | -13.1% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 152 homes were sold or pending in Maricopa in April 2024, down by 13.1% month-over-month. Of the 152 sold homes, 43% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for Maricopa, AZ
How long does it take to sell a home in Maricopa, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
112 Days | 75 Days | -32.2% |
Summary: Homes in Maricopa had an average of 75 days on market in Apr 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
81 Homes Were Sold
In 30 - 90 Days
44 Homes Were Sold
Over 90 Days
Summary: During April 2024, 152 homes were sold in Maricopa; 18% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.