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Litchfield Park, AZ

Single-Family Homes

Here is your weekly Market Update!


Litchfield Park, AZ

Fri May 09 2025
This week the median list price for Litchfield Park, AZ is $612,578 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 245. Click here to stay informed with the Litchfield Park market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

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.

Litchfield Park, AZ

Fri May 09 2025
This week the median list price for Litchfield Park, AZ is $612,578 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 245. Click here to stay informed with the Litchfield Park market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

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 Litchfield Park market.
Median List Price $612,578
Median Price of New Listings $534,495
Per Square Foot $241
Average Days on Market 78
Median Days on Market 42
Price Decreased 52%
Price Increased 8%
Relisted 6%
Inventory 245
Median Rent
Market Action 32
Slight Seller's Advantage

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
$950,000 3,656 0.5 - 1 acre 4 3.5 20 3 4 70
$689,678 2,947 8,000 - 10,000 sqft 4 3 5 4 1 42
$549,990 2,488 6,500 - 8,000 sqft 4 2.5 3 7 8 21
$456,495 1,941 4,500 - 6,500 sqft 3 2 4 8 8 52