Arizona City, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 532 transactions over the past year in Arizona City. The median value for residential home transactions that occurred over the previous year is $247,771.64. The number of current listings in Arizona City is 5, and the percentage of properties for sale in the city is 5.00%. Arizona City, AZ currently has 8 properties in foreclosure, 0 bank owned properties, 8 properties headed for auction, and 5 properties for sale.

Arizona City, AZ Real Estate Market Overview

ZipMedian Est. Value
85123

$ 285,000

$ 192/sqft

Housing Market Summary for Arizona City, AZ

Jul 2023June 2024Change
Median Listing Price$302.5K$285K-5.79%
Median Sold Price$263.8K$250K-5.22%
Homes For Sale205-75.00%
Homes Sold301274-8.97%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Arizona City, AZ

Arizona City home values range from $23,200 to $1,065,240. The median estimated value of a home in Arizona City is $247,771.64. The median list price of a home is 285,000, and the total count of properties in the city is 5,206.

Foreclosure
There is 1 zips within Arizona City, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $322,371 in 85123 to the lowest value of $205,159 in 85123. Foreclosure homes account for 0.00% of properties in Arizona City, AZ with 85123 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Arizona City, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Arizona City, AZ; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Arizona City, AZ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Arizona City, AZ. There is 1 zips within Arizona City, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85123 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Arizona City, AZ. Auction homes and other auction properties account for 0.15% of all properties in Arizona City, AZ. There is 1 zips within Arizona City, AZ; of that zips, the median estimated home value for homes going to auction ranges from $322,371 in 85123 to the lowest value of $205,159 in 85123.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Arizona City, AZ with 85123 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Arizona City, AZ; homes for sale in that zips, have a range of median values from $317,027 in 85123 to the lowest value of $242,500 in 85123.
    Sold Homes
    The median value for recently sold homes ranges from $548,000 in 85123 to the lowest price of $23,200 in 85123. There is 1 zips within Arizona City, AZ. 85123 has 299 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 5.74% of properties in Arizona City, AZ.

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      Guide for Arizona City, AZ

      Arizona
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      Tempe Real Estate Values Soar to $597k – May 2024
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      Phoenix Property Market Cools: Average Sale Price Per Square Foot Falls to $286 in April 2024
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      Tempe Real Estate Rises to $597K Average Amid Sales Dip, Outpacing Nearby Phoenix
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      Scottsdale Real Estate Soars with Average Values Hitting $1.3M in April 2024
      Market Reports|posted 17 May 2024

      Scottsdale, Arizona’s robust real estate market demonstrates an impressive growth in property values and average sale prices.

      Phoenix Property Market Cools: Average Sale Price Per Square Foot Falls to $286 in April 2024
      Market Reports|posted 17 May 2024

      This article provides a detailed overview of the Phoenix real estate market, including trends in prices and sales, comparisons with neighboring cities, and insights for buyers, sellers, and investors.

      Recently Listed Homes Arizona City, AZ

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