Is Maricopa-Stanfield, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maricopa-Stanfield is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Maricopa-Stanfield has remained a Seller's Market.

Key Takeaway

Maricopa-Stanfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maricopa-Stanfield, AZ

How much do homes in Maricopa-Stanfield, AZ cost?

Median Sold Price

$359,990

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$21,492(-5.6%)

Key Takeaway

Homes in Maricopa-Stanfield have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Maricopa-Stanfield was $359,990 in April 2024, down 5.6% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $265K-
N/A
2 $375K$350K
-6.7%
3 $359.1K$334.9K
-6.7%
4 $397.5K$369.4K
-7.1%
5+ $443.4K$429.9K
-3.0%

Summary: Maricopa-Stanfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Maricopa-Stanfield
-5.6%
Maricopa
-5.6%
Casa Grande
-5.6%

Housing Supply in Maricopa-Stanfield, AZ

How many homes are available in Maricopa-Stanfield, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
762750-1.6%

Summary: The Maricopa-Stanfield real estate market had 750 homes for sale in April 2024, a 1.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 5855
-5.2%
3 336317
-5.7%
4 282298
+5.7%
5+ 8680
-7.0%

Summary: The Maricopa-Stanfield 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 5.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
176152-13.6%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maricopa-Stanfield, you may be able to get a good deal. 42.8% of homes here sold below asking price last month.

Summary: A total of 152 homes were sold or pending in Maricopa-Stanfield in April 2024, down by 13.6% 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-Stanfield, AZ

How long does it take to sell a home in Maricopa-Stanfield, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
113 Days75 Days-32.8%

Summary: Homes in Maricopa-Stanfield had an average of 75 days on market in Apr 2024, down by 32.8% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maricopa-Stanfield has remained consistent over time.

Summary: During April 2024, 152 homes were sold in Maricopa-Stanfield; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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