Your Localized Market Report

Goodyear, AZ 85338

Single-Family Homes

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Goodyear, AZ 85338

Fri Mar 29 2024
This week the median list price for Goodyear, AZ 85338 is $498,500 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 224. Click here to stay informed with the Goodyear market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Goodyear, AZ 85338

Fri Mar 29 2024
This week the median list price for Goodyear, AZ 85338 is $498,500 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 224. Click here to stay informed with the Goodyear market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Goodyear market.
Median List Price $498,500
Median Price of New Listings $492,280
Per Square Foot $236
Average Days on Market 64
Median Days on Market 35
Price Decreased 48%
Price Increased 7%
Relisted 8%
Inventory 224
Median Rent
Market Action 38
Slight Seller's Advantage

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
$677,450 2,923 8,000 - 10,000 sqft 4 3 15 9 7 28
$537,499 2,307 6,500 - 8,000 sqft 3 3 8 5 12 56
$470,285 2,014 6,500 - 8,000 sqft 3 2 3 4 5 42
$419,900 1,780 4,500 - 6,500 sqft 3 2 9 12 9 28