Old Republic Title's Market Report

Tolleson, AZ

Single-Family Homes



Tolleson, AZ

Sun May 26 2024
This week the median list price for Tolleson, AZ is $429,950 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 86. Click here to stay informed with the Tolleson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tolleson, AZ

Sun May 26 2024
This week the median list price for Tolleson, AZ is $429,950 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 86. Click here to stay informed with the Tolleson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $429,950
Median Price of New Listings $454,197
Per Square Foot $215
Average Days on Market 42
Median Days on Market 21
Price Decreased 37%
Price Increased 13%
Relisted 7%
Inventory 86
Median Rent
Market Action 49
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$509,900 2,649 6,500 - 8,000 sqft 4 3 4 9 0 14
$449,990 2,169 4,500 - 6,500 sqft 4 3 3 4 1 56
$419,750 1,835 4,500 - 6,500 sqft 3 2 2 4 2 21
$385,000 1,480 4,500 - 6,500 sqft 3 2 18 5 5 21