Coconino County Housing Market Report December 2024•Coconino County, Arizona

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Housing Prices in Coconino County, AZ

How much do homes in Coconino County, AZ cost?

Housing Market Conditions

Is Coconino County, AZ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Coconino County is a Seller's Market

Difference Since November 2024

Last month, Coconino County has remained a Seller's Market.

Insight

Coconino County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$640,000$356/SqFt
-$46,500
-6.8%

Based on all homes sold in December 2024

Insight

Homes in Coconino County have sold for 6.8% less than they did a month ago.

Summary: The median home sold price in Coconino County was $640,000 in December 2024, down 6.8% from last month, and the median price per square foot was $356.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1$412.5K$325K
-21.2%
2$409.9K$485K
+18.3%
3$545K$655K
+20.2%
4$935K$827K
-11.6%
5$1.8M$1.2M
-32.0%

Summary: Coconino County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes decreased by -21.2%. The home price for 2 bedroom homes increased by +18.3%. The home price for 3 bedroom homes increased by +20.2%. The home price for 4 bedroom homes decreased by -11.6%. The home price for 5 bedroom homes decreased by -32.0%.

Housing supply in Coconino County, AZ

How many homes are available in Coconino County, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
186Last MonthDec 2024
2082 months agoNov 2024
-10.6 %
Change MoMNov – Dec

Summary: The Coconino County real estate market had 186 homes for sale in Dec 2024, a 10.6 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
36Last MonthDec 2024
392 months agoNov 2024
-7.7 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
1119
-18.2%
23534
-2.9%
38274
-9.8%
45141
-19.6%
52928
-3.4%

Summary: Coconino County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -18.2%. The inventory for 2 bedroom homes decreased by -2.9%. The inventory for 3 bedroom homes decreased by -9.8%. The inventory for 4 bedroom homes decreased by -19.6%. The inventory for 5 bedroom homes decreased by -3.4%.

Asking Price vs. Sold Price

How much do homes in Coconino County, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price5 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Coconino County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Coconino County in December 2024, down by 7.7% month-over-month. Of the 36 sold homes, 75% were sold under asking, 14% were sold at asking, and and 11% were sold over asking.

Days on Market for Coconino County, AZ

How long does it take to sell a home in Coconino County, AZ?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days13 Homes

Over 90 Days17 Homes

Insight

Most homes in Coconino County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 36 homes were sold in Coconino County; 17% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
103 DaysLast MonthDec 2024
100 Days1 month agoNov 2024
+2.5 %
Change MoMNov – Dec

Summary: Homes in Coconino County had an average listing age of 103 days in Dec 2024, up by 2.5% compared to the previous month.

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Newest Listings in Coconino County, AZ

What homes are available in Coconino County, AZ?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Northern Arizona Multiple Listing Service, Arizona Regional MLS, Prescott Area MLS, UtahRealEstate, and MLS of Southern Arizona for the period 11/01/2024 - 01/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Prescott Area Association Of Realtors, Inc. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Prescott Area Association Of Realtors, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.