New - 1 day on Rocket
$6,888 Closing Credit¹
#6813363, Ra'Sheen Turpin, Listing Office: LPT Realty, LLC
Garfield Housing Market Report January 2025•Maricopa County, Arizona
Housing Prices in Garfield, AZ
How much do homes in Garfield, AZ cost?
Housing Market Conditions
Is Garfield, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Garfield is a Buyer's Market
Difference Since January 2024
At the same time last year, Garfield was a Neutral Market.
Insight
Garfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$384,000$359/SqFt
-$28,000
-6.8%
Based on all homes sold in the last 12 months
Insight
Homes in Garfield have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in Garfield was $384,000 in January 2025, down 6.8% from last year, and the median price per square foot was $359.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Downtown Phoenix | $395K | $425K | +7.6% |
| Coronado | $539.9K | $530K | -1.8% |
| Garfield | $412K | $384K | -6.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $305K | $290.6K | -4.7% |
| 22 Bedrooms | $360K | $384K | +6.7% |
| 33 Bedrooms | $495K | $468K | -5.5% |
| 44 Bedrooms | $710K | $359K | -49.4% |
| 55+ Bedrooms | $637.5K | $310K | -51.4% |
Summary: Garfield housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.7%. The home price for 2 bedroom homes increased by +6.7%. The home price for 3 bedroom homes decreased by -5.5%. The home price for 4 bedroom homes decreased by -49.4%. The home price for 5 bedroom homes decreased by -51.4%.
Housing supply in Garfield, AZ
How many homes are available in Garfield, AZ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 212 months agoDec 2024 | -4.8 % Change MoMDec – Jan |
Summary: The Garfield real estate market had 20 homes for sale in Jan 2025, a 4.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 52 months agoDec 2024 | -80.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 2 | -33.3% |
| 22 Bedrooms | 4 | 7 | +75.0% |
| 33 Bedrooms | 11 | 9 | -18.2% |
| 44 Bedrooms | 3 | 2 | -33.3% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Garfield housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes increased by +75.0%. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Garfield, AZ cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Garfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Garfield in January 2025, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Garfield, AZ
How long does it take to sell a home in Garfield, AZ?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Garfield has remained consistent over time.
Summary: During January 2025, 1 homes were sold in Garfield; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 55 DaysThis YearJan 2025 | ||
| 3 Days1 year agoJan 2024 | +1733.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Garfield had an average listing age of 55 days in Jan 2025, up by 1733.3% compared to the previous year.
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Newest Listings in Garfield, AZ
What homes are available in Garfield, AZ?
New - 6 days on RocketBackup offers
$10,000 Closing Credit¹
#6812277, Bryce Neagle, Andrew Arambula, Listing Office: ABI Multifamily
$5,047 Closing Credit¹
#6811372, Sherry L Rampy, Nola-Marie Schoen, Listing Office: Brokers Hub Realty, LLC
$5,641 Closing Credit¹
#6808145, Pasquale Labate Jr, Listing Office: Realty ONE Group
$10,000 Closing Credit¹
#6808128, Pasquale Labate Jr, Listing Office: Realty ONE Group
Backup offers
$4,156 Closing Credit¹
#6805072, John Rowan, Listing Office: Momentum Brokers LLC
$5,344 Closing Credit¹
#6804074, Holly Jones, Diane Aden, Listing Office: West USA Realty
$4,691 Closing Credit¹
#6800189, Tara Jones, Suzanne M Daniels, Listing Office: Opendoor Brokerage, LLC
$8,609 Closing Credit¹
#6797556, Sherry L Rampy, Nola-Marie Schoen, Listing Office: Brokers Hub Realty, LLC
#6797533, Thomas Ross, Stephanie Lura Perrault, Listing Office: Coldwell Banker Realty
$5,819 Closing Credit¹
#6793805, Jolene A Morris, Listing Office: DeLex Realty
$10,000 Closing Credit¹
#6789423, Colleen Shearer, Listing Office: Transcity Property Management
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, for the period 02/01/2023 - 02/01/2025
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: 2/4/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.