Old Republic Title's Market Report

Goodyear, AZ

Single-Family Homes



Goodyear, AZ

Wed Feb 21 2024
This week the median list price for Goodyear, AZ is $549,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 354. 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

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.

Goodyear, AZ

Wed Feb 21 2024
This week the median list price for Goodyear, AZ is $549,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 354. 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

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 Goodyear market.
Median List Price $549,000
Median Price of New Listings $540,000
Per Square Foot $242
Average Days on Market 78
Median Days on Market 56
Price Decreased 49%
Price Increased 5%
Relisted 10%
Inventory 354
Median Rent
Market Action 36
Slight Seller's Advantage

The market appears to be 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
$792,495 2,857 8,000 - 10,000 sqft 4 3 12 10 10 70
$590,495 2,472 8,000 - 10,000 sqft 4 3 14 10 6 70
$509,077 2,099 6,500 - 8,000 sqft 3 2 11 9 7 56
$419,900 1,739 4,500 - 6,500 sqft 3 2 20 17 10 28