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Maricopa, AZ 85138

Single-Family Homes

Here is your weekly Market Update!


Maricopa, AZ 85138

Wed Oct 09 2024
This week the median list price for Maricopa, AZ 85138 is $389,912 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 442. Click here to stay informed with the Maricopa 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.

Maricopa, AZ 85138

Wed Oct 09 2024
This week the median list price for Maricopa, AZ 85138 is $389,912 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 442. Click here to stay informed with the Maricopa 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 Maricopa market.
Median List Price $389,912
Median Price of New Listings $387,490
Per Square Foot $198
Average Days on Market 74
Median Days on Market 49
Price Decreased 45%
Price Increased 15%
Relisted 5%
Inventory 442
Median Rent
Market Action 35
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
$489,900 2,529 6,500 - 8,000 sqft 4 3 8 17 7 63
$411,000 2,090 4,500 - 6,500 sqft 4 3 4 11 6 70
$369,990 1,917 4,500 - 6,500 sqft 4 2 3 15 6 49
$332,500 1,568 4,500 - 6,500 sqft 3 2 4 14 17 42