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Apache Junction, AZ 85120

Single-Family Homes

Here is your weekly Market Update!


Apache Junction, AZ 85120

Fri Apr 19 2024
This week the median list price for Apache Junction, AZ 85120 is $385,000 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has increased to 39. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Apache Junction, AZ 85120

Fri Apr 19 2024
This week the median list price for Apache Junction, AZ 85120 is $385,000 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has increased to 39. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Apache Junction market.
Median List Price $385,000
Median Price of New Listings $370,000
Per Square Foot $278
Average Days on Market 34
Median Days on Market 21
Price Decreased 33%
Price Increased 5%
Relisted 3%
Inventory 39
Median Rent
Market Action 58
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$471,995 1,825 6,500 - 8,000 sqft 4 2 1 1 2 21
$412,500 1,588 4,500 - 6,500 sqft 3 2 13 2 3 21
$372,500 1,302 4,500 - 6,500 sqft 3 2 26 4 3 38
$329,999 1,126 6,500 - 8,000 sqft 2 2 45 2 2 21