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Litchfield Park, AZ 85340

Single-Family Homes

Here is your weekly Market Update!


Litchfield Park, AZ 85340

Fri Apr 25 2025
This week the median list price for Litchfield Park, AZ 85340 is $594,970 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has increased to 248. 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 85340

Fri Apr 25 2025
This week the median list price for Litchfield Park, AZ 85340 is $594,970 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has increased to 248. 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 $594,970
Median Price of New Listings $615,000
Per Square Foot $241
Average Days on Market 76
Median Days on Market 42
Price Decreased 54%
Price Increased 9%
Relisted 4%
Inventory 248
Median Rent
Market Action 33
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
$987,000 3,544 0.5 - 1 acre 4 4 20 4 3 63
$675,000 2,718 8,000 - 10,000 sqft 4 3 4 7 3 28
$547,990 2,486 6,500 - 8,000 sqft 4 3 2 6 5 28
$449,995 1,923 4,500 - 6,500 sqft 3 2 4 3 6 49