Is Queen Creek, 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, Queen Creek has remained a Seller's Market.
Housing Prices in Queen Creek, AZ
How much do homes in Queen Creek, AZ cost?
Median Sold Price
$612,791
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Queen Creek was $612,791 in April 2024, the same as last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $312.5K | - | N/A |
2 Bedrooms | $500K | $499.9K | 0% |
3 Bedrooms | $499.9K | $515K | +3.0% |
4 Bedrooms | $635K | $629.7K | -0.8% |
5+ Bedrooms | $787.1K | $787.3K | 0.0% |
Summary: Queen Creek 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 did not change, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Queen Creek | $612.7K | $616K | 0.5% |
Queen Creek | $612.6K | $612.7K | 0.0% |
San Tan Valley | $430.2K | $420.3K | -2.3% |
North Pinal | $433.5K | $419.9K | -3.1% |
Housing Supply in Queen Creek, AZ
How many homes are available in Queen Creek, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
585 | 648 | +10.8% |
Summary: The Queen Creek real estate market had 648 homes for sale in April 2024, a 10.8% 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 | 16 | 17 | +6.3% |
3 Bedrooms | 165 | 182 | +10.3% |
4 Bedrooms | 289 | 328 | +13.5% |
5+ Bedrooms | 115 | 121 | +5.2% |
Summary: The Queen Creek 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 increased by 6.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 5.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 110 | +12.2% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 110 homes were sold or pending in Queen Creek in April 2024, up by 12.2% month-over-month. Of the 110 sold homes, 49% were sold under asking, 37% were sold at asking, and 14% were sold over asking.
Days on Market for Queen Creek, AZ
How long does it take to sell a home in Queen Creek, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 86 Days | -4.6% |
Summary: Homes in Queen Creek had an average of 86 days on market in Apr 2024, down by 4.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Summary: During April 2024, 110 homes were sold in Queen Creek; 26% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.