#6815458, Sinan Zakaria, Listing Office: LISTED SIMPLY
85041 Housing Market Report January 2025•Maricopa County, Arizona
Housing Prices in 85041, AZ
How much do homes in 85041, AZ cost?
Housing Market Conditions
Is 85041, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
85041 is a Neutral Market
Difference Since January 2024
At the same time last year, 85041 was a Seller's Market.
85041 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 85041 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 85041 was $400,000 in January 2025, up 3.9% from last year, and the median price per square foot was $234.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $250K | - | N/A |
22 Bedrooms | $300K | $325K | +8.3% |
33 Bedrooms | $365K | $376K | +3.0% |
44 Bedrooms | $409.8K | $428K | +4.4% |
55+ Bedrooms | $490K | $460K | -6.1% |
Summary: 85041 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +8.3%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes increased by +4.4%. The home price for 5 bedroom homes decreased by -6.1%.
Housing supply in 85041, AZ
How many homes are available in 85041, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
174Last MonthJan 2025 | ||
1692 months agoDec 2024 | +3.0 % Change MoMDec – Jan |
Summary: The 85041 real estate market had 174 homes for sale in Jan 2025, a 3.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
26Last MonthJan 2025 | ||
442 months agoDec 2024 | -40.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 4 | 5 | +25.0% |
33 Bedrooms | 77 | 76 | -1.3% |
44 Bedrooms | 75 | 75 | 0.0% |
55+ Bedrooms | 13 | 18 | +38.5% |
Summary: 85041 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -1.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +38.5%.
Asking Price vs. Sold Price
How much do homes in 85041, AZ cost?
Over Asking Price6 Homes
At Asking Price7 Homes
Under Asking Price13 Homes
If you're buying a home in 85041, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 85041 in January 2025, down by 40.9% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and and 23% were sold over asking.
Days on Market for 85041, AZ
How long does it take to sell a home in 85041, AZ?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days13 Homes
Over 90 Days7 Homes
Avg time on Rocket Homes in 85041 has remained consistent over time.
Summary: During January 2025, 26 homes were sold in 85041; 23% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
62 DaysThis YearJan 2025 | ||
51 Days1 year agoJan 2024 | +21.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 85041 had an average listing age of 62 days in Jan 2025, up by 21.2% compared to the previous year.
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Newest Listings in 85041, AZ
What homes are available in 85041, AZ?
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.