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Queen Creek, AZ 85142

Single-Family Homes

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Queen Creek, AZ 85142

Fri Jan 21 2022
This week the median list price for Queen Creek, AZ 85142 is $675,000 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has decreased to 107. Click here to stay informed with the Queen Creek market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Queen Creek, AZ 85142

Fri Jan 21 2022
This week the median list price for Queen Creek, AZ 85142 is $675,000 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has decreased to 107. Click here to stay informed with the Queen Creek market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $675,000
Median Price of New Listings $687,000
Per Square Foot $261
Average Days on Market 78
Median Days on Market 35
Price Decreased 19%
Price Increased 21%
Relisted 5%
Inventory 107
Median Rent $2,295
Market Action 71
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
$950,000 3,162 1 - 2.5 acres 4 3.5 1 7 5 49
$739,600 2,815 0.25 - 0.5 acre 4 3 3 7 4 49
$594,990 2,363 8,000 - 10,000 sqft 4 2 6 7 7 28
$468,000 1,871 4,500 - 6,500 sqft 3 2 17 6 8 28