New River, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 345 transactions over the past year in New River. The median value for residential home transactions that occurred over the previous year is $618,877.37. The number of current listings in New River is 1, and the percentage of properties for sale in the city is 10.00%. New River, AZ currently has 9 properties in foreclosure, 0 bank owned properties, 9 properties headed for auction, and 1 properties for sale.

New River, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85087

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Housing Market Summary for New River, AZ

Aug 2022August 2023Change
Median Listing Price$699.5K$585K-16.37%
Median Sold Price$676.6K$585K-13.53%
Homes For Sale2519-24.00%
Homes Sold226225-0.44%
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 New River, AZ

New River home values range from $66,172 to $3,119,744. The median estimated value of a home in New River is $618,877.37. The median list price of a home is 345,000, and the total count of properties in the city is 3,790.

Foreclosure
There is 1 zips within New River, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $808,865 in 85087 to the lowest value of $414,288 in 85087. Foreclosure homes account for 0.00% of properties in New River, AZ with 85087 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 New River, 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 New River, 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 New River, 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 New River, AZ. There is 1 zips within New River, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85087 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of New River, AZ. Auction homes and other auction properties account for 0.24% of all properties in New River, AZ. There is 1 zips within New River, AZ; of that zips, the median estimated home value for homes going to auction ranges from $808,865 in 85087 to the lowest value of $414,288 in 85087.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in New River, AZ with 85087 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within New River, AZ; homes for sale in that zips, have a range of median values from $0 in 85087 to the lowest value of $0 in 85087.
    Sold Homes
    The median value for recently sold homes ranges from $1,107,827 in 85087 to the lowest price of $121,903 in 85087. There is 1 zips within New River, AZ. 85087 has 222 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 5.78% of properties in New River, AZ.

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      Recently Listed Homes New River, AZ

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