Litchfield Park, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 765 transactions over the past year in Litchfield Park. The median value for residential home transactions that occurred over the previous year is $550,000. The number of current listings in Litchfield Park is 14, and the percentage of properties for sale in the city is 14.00%. Litchfield Park, AZ currently has 14 properties in foreclosure, 1 bank owned properties, 13 properties headed for auction, and 14 properties for sale.

Litchfield Park, AZ Real Estate Market Overview

ZipMedian Est. Value
85340

$ 550,000

$ 253/sqft

Housing Market Summary for Litchfield Park, AZ

Oct 2023September 2024Change
Median Listing Price$789.5K$550K-30.34%
Median Sold Price$527.7K$487K-7.72%
Homes For Sale614133.33%
Homes Sold569512-10.02%
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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 Litchfield Park, AZ

Litchfield Park home values range from $26,035 to $2,605,350. The median estimated value of a home in Litchfield Park is $550,000. The median list price of a home is 550,000, and the total count of properties in the city is 567.

Foreclosure
There is 1 zips within Litchfield Park, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $845,678 in 85340 to the lowest value of $384,275 in 85340. Foreclosure homes account for 2.00% of properties in Litchfield Park, AZ with 85340 containing 14 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Litchfield Park, 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 Litchfield Park, 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 Litchfield Park, AZ ranges from the highest value of $410,000 in 85340 to the lowest value of $410,000 in 85340. Bank owned homes and properties account for 0.18% of properties in Litchfield Park, AZ. There is 1 zips within Litchfield Park, AZ; 85340 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85340 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Litchfield Park, AZ. Auction homes and other auction properties account for 2.29% of all properties in Litchfield Park, AZ. There is 1 zips within Litchfield Park, AZ; of that zips, the median estimated home value for homes going to auction ranges from $845,678 in 85340 to the lowest value of $384,275 in 85340.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.47% of residential properties in Litchfield Park, AZ with 85340 containing 14 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Litchfield Park, AZ; homes for sale in that zips, have a range of median values from $1,175,000 in 85340 to the lowest value of $395,000 in 85340.
    Sold Homes
    The median value for recently sold homes ranges from $2,605,350 in 85340 to the lowest price of $26,035 in 85340. There is 1 zips within Litchfield Park, AZ. 85340 has 525 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 92.59% of properties in Litchfield Park, AZ.

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      Guide for Litchfield Park, AZ

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

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      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 Litchfield Park, AZ

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