Deer Valley Housing Market Report April 2025•Maricopa County, Arizona

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Housing Prices in Deer Valley, AZ

How much do homes in Deer Valley, AZ cost?

Housing Market Conditions

Is Deer Valley, 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

Deer Valley is a Neutral Market

Difference Since April 2024

At the same time last year, Deer Valley was a Seller's Market.

Insight

Deer Valley 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

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.
$634,138$287/SqFt
+$18,741
+3.0%

Based on all homes sold in the last 12 months

Insight

Homes in Deer Valley have sold for 3% more than they did a year ago.

Summary: The median home sold price in Deer Valley was $634,138 in April 2025, up 3% from last year, and the median price per square foot was $287.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Carefree
+8.5%
Peoria
+4.0%
New River
+3.3%
Deer Valley
+3.0%
Cave Creek
+1.1%

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.
BedsApr 2024Apr 2025Change YoY
1$290K$286.7K
-1.1%
2$412.1K$420K
+1.9%
3$549.9K$562.7K
+2.3%
4$685.1K$694.5K
+1.4%
5$836.2K$808.3K
-3.3%

Summary: Deer Valley housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.1%. The home price for 2 bedroom homes increased by +1.9%. The home price for 3 bedroom homes increased by +2.3%. The home price for 4 bedroom homes increased by +1.4%. The home price for 5 bedroom homes decreased by -3.3%.

How does Deer Valley, AZ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Deer Valley, AZ

Housing supply in Deer Valley, AZ

How many homes are available in Deer Valley, 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
2,565Last MonthApr 2025
2,5212 months agoMar 2025
+1.7 %
Change MoMMar – Apr

Summary: The Deer Valley real estate market had 2,565 homes for sale in Apr 2025, a 1.7 % increase compared to Mar 2025.

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
412Last MonthApr 2025
4592 months agoMar 2025
-10.2 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
189
+12.5%
2311307
-1.3%
3864876
+1.4%
4924959
+3.8%
5414414
0.0%

Summary: Deer Valley housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +12.5%. The inventory for 2 bedroom homes decreased by -1.3%. The inventory for 3 bedroom homes increased by +1.4%. The inventory for 4 bedroom homes increased by +3.8%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Deer Valley, 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 Price47 Homes

At Asking Price97 Homes

Under Asking Price268 Homes

Insight

If you're buying a home in Deer Valley, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 412 homes were sold or pending in Deer Valley in April 2025, down by 10.2% month-over-month. Of the 412 sold homes, 65% were sold under asking, 24% were sold at asking, and and 11% were sold over asking.

Days on Market for Deer Valley, AZ

How long does it take to sell a home in Deer Valley, AZ?

Breakdown of Home Sale Times

Under 30 Days117 Homes

30 – 90 Days175 Homes

Over 90 Days120 Homes

Insight

Avg time on Rocket Homes in Deer Valley has remained consistent over time.

Summary: During April 2025, 412 homes were sold in Deer Valley; 28% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 29% 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.
This Year1 year agoChange YoY
74 DaysThis YearApr 2025
66 Days1 year agoApr 2024
+12.6 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Deer Valley had an average listing age of 74 days in Apr 2025, up by 12.6% compared to the previous year.

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Newest Listings in Deer Valley, AZ

What homes are available in Deer Valley, AZ?

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Nearby markets

Popular Cities with Homes for Sale in Arizona

MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, Northern Arizona Multiple Listing Service, and Prescott Area MLS for the period 05/01/2023 - 05/01/2025

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Last updated on: 5/20/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 5/20/2025, 2:15:36 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: 5/20/2025, 2:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.