Maricopa County, AZ Home Values & Market Trends
The median home price in Maricopa County, AZ is $441,822.99. There were 78,368 home sales in Maricopa County, AZ over the past 12 months. The median residential Maricopa County, AZ home value for transactions over the previous year is $416,744.187. The number of current listings in Maricopa County, AZ is 662, and the percentage of properties for sale is 662.00%. The county has 1,281 foreclosures, 36 bank owned properties, 1,245 headed for auction, and 662 properties for sale.
Maricopa County, AZ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Phoenix | $ 519,429 $ 289/sqft | Tolleson | $ 380,926 $ 200/sqft |
| Scottsdale | $ 1,119,000 $ 464/sqft | Fountain Hills | $ 548,751 $ 441/sqft |
| Mesa | $ 489,655 $ 258/sqft | El Mirage | $ 359,239 $ 279/sqft |
| Wickenburg | $ 573,357 $ 333/sqft | Rio Verde | $ 849,000 $ 421/sqft |
| Glendale | $ 449,618 $ 264/sqft | Waddell | $ 520,000 $ 231/sqft |
| Gilbert | $ 617,253 $ 277/sqft | Carefree | $ 989,000 $ 366/sqft |
| Buckeye | $ 397,350 $ 213/sqft | New River | $ 735,000 $ 252/sqft |
| Surprise | $ 414,900 $ 231/sqft | Youngtown | $ 260,120 $ 115/sqft |
| Peoria | $ 699,000 $ 282/sqft | Palo Verde | $ -- $ -- |
| Chandler | $ 564,910 $ 287/sqft | Aguila | $ -- $ -- |
| Queen Creek | $ 651,900 $ 325/sqft | Tonopah | $ -- $ -- |
| Sun City West | $ 360,000 $ 217/sqft | Cashion | $ -- $ -- |
| Goodyear | $ 545,134 $ 223/sqft | Tortilla Flat | $ -- $ -- |
| Litchfield Park | $ 551,250 $ 247/sqft | Arlington | $ -- $ -- |
| Sun City | $ 313,900 $ 219/sqft | Luke Air Force Base | $ -- $ -- |
| Cave Creek | $ 1,225,000 $ 374/sqft | Fort Mcdowell | $ -- $ -- |
| Tempe | $ 510,080 $ 295/sqft | Morristown | $ -- $ -- |
| Paradise Valley | $ 4,559,720 $ 733/sqft | Wittmann | $ -- $ -- |
| Laveen | $ 439,665 $ 213/sqft | Gila Bend | $ -- $ -- |
| Avondale | $ 477,932 $ 208/sqft |
Housing Market Summary for Maricopa County, AZ
| Sep 2023 | August 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $562.5K | $550K | -2.22% |
| Median Sold Price | $472.9K | $477K | 0.85% |
| Homes For Sale | 444 | 640 | 44.14% |
| Homes Sold | 60,292 | 59,617 | -1.12% |
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%.
Recently Sold Homes
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Browse Homes in Maricopa County, AZ
Maricopa County, AZ home values range from $20,669 to $72,245,431. Paradise Valley is the priciest city with a median listing home price of $5,499,000, and Sun City is most affordable with average house prices of around $324,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Maricopa County, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 39 cities within Maricopa County, AZ; of those cities, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Maricopa County, AZ ranges from the highest value of $410,000 in Goodyear to the lowest value of $160,180 in Phoenix. Bank owned homes and properties account for 0.00% of properties in Maricopa County, AZ. There are 39 cities within Maricopa County, AZ; Phoenix containing 12 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPhoenix has 436 auction properties, the highest number of properties going to auction in a single city in the state of Maricopa County, AZ. Auction homes and other auction properties account for 0.09% of all properties in Maricopa County, AZ. There are 39 cities within Maricopa County, AZ; of those cities, the median estimated home value for homes going to auction ranges from $2,409,159 in Paradise Valley to the lowest value of $67,436 in Paradise Valley.
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Guide for Maricopa County, AZ
The Tempe, AZ real estate market showed strong growth from June 2023-May 2024, with average property values reaching $597,000.
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, Arizona’s robust real estate market demonstrates an impressive growth in property values and average sale prices.
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.
