#6823449, Ryan Bruce McClain, Kayla McClain, Listing Office: Realty ONE Group
Litchfield Park Housing Market Report January 2025•Maricopa County, Arizona
Housing Prices in Litchfield Park, AZ
How much do homes in Litchfield Park, AZ cost?
Housing Market Conditions
Is Litchfield Park, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Litchfield Park is a Neutral Market
Difference Since January 2024
At the same time last year, Litchfield Park was a Buyer's Market.
Litchfield Park 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 Litchfield Park have sold for 6% more than they did a year ago.
Summary: The median home sold price in Litchfield Park was $514,370 in January 2025, up 6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $270K | $282K | +4.4% |
22 Bedrooms | $370K | $387.4K | +4.7% |
33 Bedrooms | $451.3K | $464.9K | +3.0% |
44 Bedrooms | $499K | $540K | +8.2% |
55+ Bedrooms | $685K | $645.5K | -5.8% |
Summary: Litchfield Park housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.4%. The home price for 2 bedroom homes increased by +4.7%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes decreased by -5.8%.
Housing supply in Litchfield Park, AZ
How many homes are available in Litchfield Park, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
302Last MonthJan 2025 | ||
2762 months agoDec 2024 | +9.4 % Change MoMDec – Jan |
Summary: The Litchfield Park real estate market had 302 homes for sale in Jan 2025, a 9.4 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
46Last MonthJan 2025 | ||
622 months agoDec 2024 | -25.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 1 | +100.0% |
22 Bedrooms | 8 | 8 | 0.0% |
33 Bedrooms | 89 | 94 | +5.6% |
44 Bedrooms | 130 | 138 | +6.2% |
55+ Bedrooms | 49 | 61 | +24.5% |
Summary: Litchfield Park housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +5.6%. The inventory for 4 bedroom homes increased by +6.2%. The inventory for 5 bedroom homes increased by +24.5%.
Asking Price vs. Sold Price
How much do homes in Litchfield Park, AZ cost?
Over Asking Price2 Homes
At Asking Price16 Homes
Under Asking Price28 Homes
If you're buying a home in Litchfield Park, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Litchfield Park in January 2025, down by 25.8% month-over-month. Of the 46 sold homes, 61% were sold under asking, 35% were sold at asking, and and 4% were sold over asking.
Days on Market for Litchfield Park, AZ
How long does it take to sell a home in Litchfield Park, AZ?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days26 Homes
Over 90 Days9 Homes
Avg time on Rocket Homes in Litchfield Park has remained consistent over time.
Summary: During January 2025, 46 homes were sold in Litchfield Park; 24% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
68 DaysThis YearJan 2025 | ||
88 Days1 year agoJan 2024 | -22.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Litchfield Park had an average listing age of 68 days in Jan 2025, down by 22.3% compared to the previous year.
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Newest Listings in Litchfield Park, AZ
What homes are available in Litchfield Park, 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
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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: 2/20/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.