Gila County Housing Market Report January 2025•Gila County, Arizona

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Housing Prices in Gila County, AZ

How much do homes in Gila County, AZ cost?

Housing Market Conditions

Is Gila 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

Gila County is a Buyer's Market

Difference Since January 2024

At the same time last year, Gila County was a Neutral Market.

Insight

Gila County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$440,000$289/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Gila County has remained the same since last year.

Summary: The median home sold price in Gila County was $440,000 in January 2025, the same as last year, and the median price per square foot was $289.

Median Sold Price By Counties

Median Sold Price By Counties
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
Maricopa County
+4.9%
Yavapai County
+2.6%
Pinal County
+1.4%
Gila County
0.0%

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.
BedsJan 2024Jan 2025Change YoY
1$269.5K$222.5K
-17.4%
2$340K$349K
+2.6%
3$465K$468.7K
+0.8%
4$622.5K$680K
+9.2%
5$735K$1.1M
+58.8%

Summary: Gila County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -17.4%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes increased by +9.2%. The home price for 5 bedroom homes increased by +58.8%.

Housing supply in Gila County, AZ

How many homes are available in Gila 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
246Last MonthJan 2025
2422 months agoDec 2024
+1.7 %
Change MoMDec – Jan

Summary: The Gila County real estate market had 246 homes for sale in Jan 2025, a 1.7 % increase compared to Dec 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
32Last MonthJan 2025
402 months agoDec 2024
-20.0 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
11110
-9.1%
26162
+1.6%
3113112
-0.9%
44448
+9.1%
51314
+7.7%

Summary: Gila County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -9.1%. The inventory for 2 bedroom homes increased by +1.6%. The inventory for 3 bedroom homes decreased by -0.9%. The inventory for 4 bedroom homes increased by +9.1%. The inventory for 5 bedroom homes increased by +7.7%.

Asking Price vs. Sold Price

How much do homes in Gila 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 Price2 Homes

At Asking Price3 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Gila County, you may be able to get a good deal. 84.4% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Gila County in January 2025, down by 20.0% month-over-month. Of the 32 sold homes, 84% were sold under asking, 9% were sold at asking, and and 6% were sold over asking.

Days on Market for Gila County, AZ

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

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days10 Homes

Over 90 Days17 Homes

Insight

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

Summary: During January 2025, 32 homes were sold in Gila County; 16% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 53% 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
114 DaysThis YearJan 2025
92 Days1 year agoJan 2024
+24.7 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Gila County had an average listing age of 114 days in Jan 2025, up by 24.7% compared to the previous year.

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Newest Listings in Gila County, AZ

What homes are available in Gila County, AZ?

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Nearby markets

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Based on information from Arizona Regional MLS, White Mountain MLS, MLS of Southern Arizona, Northern Arizona Multiple Listing Service, and California Regional MLS for the period 02/01/2023 - 02/01/2025

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Last updated on: 2/21/2025, 5:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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