Is Pinal County, 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, Pinal County has remained a Seller's Market.
Housing Prices in Pinal County, AZ
How much do homes in Pinal County, AZ cost?
Median Sold Price
$365,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pinal County was $365,000 in April 2024, down 3.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $145K | 0.0% |
2 Bedrooms | $380K | $377.5K | -0.7% |
3 Bedrooms | $355.1K | $340K | -4.3% |
4 Bedrooms | $397.2K | $378.1K | -4.8% |
5+ Bedrooms | $449.9K | $434.5K | -3.4% |
Summary: Pinal County 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 0.7%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Counties
Gila County | $409.4K | $446.9K | +9.1% |
Maricopa County | $465.8K | $473.7K | +1.7% |
Pinal County | $379.9K | $365K | -3.9% |
Housing Supply in Pinal County, AZ
How many homes are available in Pinal County, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3,379 | 3,367 | -0.4% |
Summary: The Pinal County real estate market had 3,367 homes for sale in April 2024, a 0.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 13 | -13.3% |
2 Bedrooms | 546 | 534 | -2.2% |
3 Bedrooms | 1,496 | 1,476 | -1.3% |
4 Bedrooms | 1,036 | 1,070 | +3.3% |
5+ Bedrooms | 286 | 274 | -4.2% |
Summary: The Pinal County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
718 | 658 | -8.4% |
Asking Price vs. Sold Price
309 Homes Were Sold
Under Asking
220 Homes Were Sold
At Asking
129 Homes Were Sold
Over Asking
Summary: A total of 658 homes were sold or pending in Pinal County in April 2024, down by 8.4% month-over-month. Of the 658 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Pinal County, AZ
How long does it take to sell a home in Pinal County, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 64 Days | -24.8% |
Summary: Homes in Pinal County had an average of 64 days on market in Apr 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
219 Homes Were Sold
Under 30 Days
290 Homes Were Sold
In 30 - 90 Days
149 Homes Were Sold
Over 90 Days
Summary: During April 2024, 658 homes were sold in Pinal County; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.