Maricopa, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 2,043 transactions over the past year in Maricopa. The median value for residential home transactions that occurred over the previous year is $400,000. The number of current listings in Maricopa is 8, and the percentage of properties for sale in the city is 8.00%. Maricopa, AZ currently has 47 properties in foreclosure, 2 bank owned properties, 45 properties headed for auction, and 8 properties for sale.

Maricopa, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85138

$ 372,668

$ 179/sqft

85139

$ 449,950

$ 152/sqft

Housing Market Summary for Maricopa, AZ

Oct 2023September 2024Change
Median Listing Price$375K$412.5K10.00%
Median Sold Price$361.6K$355.7K-1.63%
Homes For Sale5860.00%
Homes Sold1,2821,227-4.29%
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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 Maricopa, AZ

Maricopa home values range from $33,766 to $1,506,555. The median estimated value of a home in Maricopa is $400,000. The median list price of a home is 414,000, and the total count of properties in the city is 1,407.

Foreclosure
There are 2 zips within Maricopa, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $485,693 in 85139 to the lowest value of $278,975 in 85139. Foreclosure homes account for 3.00% of properties in Maricopa, AZ with 85138 containing 38 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Maricopa, 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 Maricopa, 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 Maricopa, AZ ranges from the highest value of $350,214 in 85138 to the lowest value of $337,041 in 85138. Bank owned homes and properties account for 0.14% of properties in Maricopa, AZ. There are 2 zips within Maricopa, AZ; 85138 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85138 has 36 auction properties, the highest number of properties going to auction in a single zip in the state of Maricopa, AZ. Auction homes and other auction properties account for 3.20% of all properties in Maricopa, AZ. There are 2 zips within Maricopa, AZ; of those zips, the median estimated home value for homes going to auction ranges from $485,693 in 85138 to the lowest value of $278,975 in 85138.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in Maricopa, AZ with 85138 containing 5 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Maricopa, AZ; homes for sale in those zips, have a range of median values from $499,900 in 85139 to the lowest value of $353,567 in 85138.
    Sold Homes
    The median value for recently sold homes ranges from $1,506,555 in 85138 to the lowest price of $33,766 in 85138. There are 2 zips within Maricopa, AZ. 85138 has 1003 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 92.75% of properties in Maricopa, AZ.

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      Guide for Maricopa, AZ

      Arizona
      Tempe Real Estate Rises to $597K Average Amid Sales Dip, Outpacing Nearby Phoenix
      Market Reports
      Tempe Real Estate Values Soar to $597k – May 2024
      Market Reports
      Scottsdale Real Estate Soars with Average Values Hitting $1.3M in April 2024
      Market Reports
      Phoenix Property Market Cools: Average Sale Price Per Square Foot Falls to $286 in April 2024
      See More Articles
      Tempe Real Estate Rises to $597K Average Amid Sales Dip, Outpacing Nearby Phoenix
      Arizona|posted 25 June 2024

      The Tempe, AZ real estate market showed strong growth from June 2023-May 2024, with average property values reaching $597,000.

      Tempe Real Estate Values Soar to $597k – May 2024
      Market Reports|posted 4 June 2024

      Real estate in Tempe, AZ sees significant growth in property values but dip in sales price. Despite general rise in values, complex market conditions require careful analysis for potential investors and homebuyers.

      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 Maricopa, AZ

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