Marana, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 953 transactions over the past year in Marana. The median value for residential home transactions that occurred over the previous year is $460,462.98. The number of current listings in Marana is 87, and the percentage of properties for sale in the city is 87.00%. Marana, AZ currently has 15 properties in foreclosure, 1 bank owned properties, 14 properties headed for auction, and 87 properties for sale.

Marana, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85658

$ 590,000

$ 279/sqft

85653

$ 415,896

$ 201/sqft

Housing Market Summary for Marana, AZ

May 2023April 2024Change
Median Listing Price$440K$465.5K5.79%
Median Sold Price$465.8K$465.5K-0.07%
Homes For Sale81866.17%
Homes Sold5835931.72%
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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 Marana, AZ

Marana home values range from $27,039 to $7,500,000. The median estimated value of a home in Marana is $460,462.98. The median list price of a home is 450,000, and the total count of properties in the city is 15,448.

Foreclosure
There are 2 zips within Marana, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $480,152 in 85658 to the lowest value of $337,404 in 85658. Foreclosure homes account for 0.00% of properties in Marana, AZ with 85653 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Marana, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Marana, AZ; of those 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 Marana, AZ ranges from the highest value of $0 in 85653 to the lowest value of $0 in 85658. Bank owned homes and properties account for 0.01% of properties in Marana, AZ. There are 2 zips within Marana, AZ; 85653 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85653 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Marana, AZ. Auction homes and other auction properties account for 0.09% of all properties in Marana, AZ. There are 2 zips within Marana, AZ; of those zips, the median estimated home value for homes going to auction ranges from $480,152 in 85653 to the lowest value of $337,404 in 85653.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in Marana, AZ with 85658 containing 49 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Marana, AZ; homes for sale in those zips, have a range of median values from $3,100,000 in 85658 to the lowest value of $212,780 in 85653.
    Sold Homes
    The median value for recently sold homes ranges from $3,011,865 in 85658 to the lowest price of $44,225 in 85658. There are 2 zips within Marana, AZ. 85658 has 345 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.08% of properties in Marana, AZ.

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      Guide for Marana, AZ

      Market Reports
      Tucson Real Estate Adjusts with $351K Average Value in April 2024 Amid Regional Market Fluctuations
      Home Buying Guides & Tips
      Tax Lien Foreclosure: What They Are & How They Work
      Market Reports
      Tucson Real Estate Sees Average Property Value Rise to $367,000 in February 2024
      Market Reports
      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      See More Articles
      Tucson Real Estate Adjusts with $351K Average Value in April 2024 Amid Regional Market Fluctuations
      Market Reports|posted 8 May 2024

      The Tucson, Arizona housing market shows a variety of trends in 2024, with fluctuating property values, sale prices per square foot, and sales activity observed within Tucson and nearby cities.

      Tax Lien Foreclosure: What They Are & How They Work
      Home Buying Guides & Tips|posted 30 April 2024

      How to find government tax foreclosure homes – Buying a tax foreclosure is a great way to get a bargain on a home or rental property.

      Tucson Real Estate Sees Average Property Value Rise to $367,000 in February 2024
      Market Reports|posted 29 March 2024

      The Tucson real estate market has witnessed significant growth trends, with average property values reaching $367,000 as of February 2024. This growth offers equity gain opportunities to investors despite the market’s competitive nature. Additionally, neighboring cities present varied property value and market activity scenarios, offering homebuyers a range of options.

      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      Market Reports|posted 13 March 2024

      Glendale, AZ’s real estate market has seen considerable fluctuations in property value and sale prices. The significant peaks and troughs offer intriguing trends to potential buyers, sellers, and investors, while a comparative analysis with nearby cities like Phoenix, Peoria, and Sun City presents a diverse real estate landscape in this region of Arizona.

      Recently Listed Homes Marana, AZ

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