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
At the same time last year, Queen Creek was a Seller's Market.
Housing Prices in Queen Creek, AZ
How much do homes in Queen Creek, AZ cost?
Median Sold Price
$616,009
$253/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 $616,009 in April 2024, up 0.5% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $312.5K | - | N/A |
2 Bedrooms | $420K | $401K | -4.5% |
3 Bedrooms | $497K | $503.9K | +1.4% |
4 Bedrooms | $630.9K | $629.5K | -0.2% |
5+ Bedrooms | $788.1K | $787.3K | -0.1% |
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 decreased by 4.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
Gilbert | $565.9K | $570.1K | +0.7% |
Queen Creek | $612.7K | $616K | 0.5% |
Queen Creek | $612.6K | $612.7K | 0.0% |
San Tan Valley | $430.2K | $420.3K | -2.3% |
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 |
---|---|---|
601 | 676 | +12.5% |
Summary: The Queen Creek real estate market had 676 homes for sale in April 2024, a 12.5% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 181 | 201 | +11.0% |
4 Bedrooms | 300 | 344 | +14.7% |
5+ Bedrooms | 119 | 129 | +8.4% |
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 100%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 8.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 111 | +18.1% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Queen Creek in April 2024, up by 18.1% month-over-month. Of the 111 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 |
---|---|---|
91 Days | 91 Days | -0.5% |
Summary: Homes in Queen Creek had an average of 91 days on market in Apr 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During April 2024, 111 homes were sold in Queen Creek; 24% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.