Nogales, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 193 transactions over the past year in Nogales. The median value for residential home transactions that occurred over the previous year is $188,924.69. The number of current listings in Nogales is 7, and the percentage of properties for sale in the city is 7.00%. Nogales, AZ currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 7 properties for sale.

Nogales, AZ Real Estate Market Overview

ZipMedian Est. Value
85621

$ 291,467

$ 122/sqft

Housing Market Summary for Nogales, AZ

Sep 2023August 2024Change
Median Listing Price$299K$289.3K-3.26%
Median Sold Price$190K$196.4K3.38%
Homes For Sale116-45.45%
Homes Sold174167-4.02%
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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 Nogales, AZ

Nogales home values range from $19,578 to $3,116,160. The median estimated value of a home in Nogales is $188,924.69. The median list price of a home is 319,000, and the total count of properties in the city is 4,326.

Foreclosure
There is 1 zips within Nogales, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $552,297 in 85621 to the lowest value of $81,319 in 85621. Foreclosure homes account for 0.00% of properties in Nogales, AZ with 85621 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Nogales, 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 Nogales, 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 Nogales, 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 Nogales, AZ. There is 1 zips within Nogales, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85621 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Nogales, AZ. Auction homes and other auction properties account for 0.07% of all properties in Nogales, AZ. There is 1 zips within Nogales, AZ; of that zips, the median estimated home value for homes going to auction ranges from $552,297 in 85621 to the lowest value of $81,319 in 85621.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in Nogales, AZ with 85621 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Nogales, AZ; homes for sale in that zips, have a range of median values from $912,308 in 85621 to the lowest value of $176,709 in 85621.
    Sold Homes
    The median value for recently sold homes ranges from $1,687,601 in 85621 to the lowest price of $50,904 in 85621. There is 1 zips within Nogales, AZ. 85621 has 152 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.72% of properties in Nogales, AZ.

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      Guide for Nogales, AZ

      Arizona
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      Tempe Real Estate Values Soar to $597k – May 2024
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      Phoenix Property Market Cools: Average Sale Price Per Square Foot Falls to $286 in April 2024
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      Tempe Real Estate Rises to $597K Average Amid Sales Dip, Outpacing Nearby Phoenix
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      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 Nogales, AZ

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