Medlock Place Housing Market Report March 2025•Maricopa County, Arizona

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Housing Prices in Medlock Place, AZ

How much do homes in Medlock Place, AZ cost?

Housing Market Conditions

Is Medlock Place, 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

Medlock Place is a Seller's Market

Difference Since March 2024

At the same time last year, Medlock Place was a Buyer's Market.

Insight

Medlock Place 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.
$497,500$358/SqFt
-$177,500
-26.3%

Based on all homes sold in the last 12 months

Insight

Homes in Medlock Place have sold for 26.3% less than they did a year ago.

Summary: The median home sold price in Medlock Place was $497,500 in March 2025, down 26.3% from last year, and the median price per square foot was $358.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
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
North Central Corridor
+11.9%
Alhambra
+0.7%
Medlock Place
-26.3%

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.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$385K$470K
+22.1%
3$850K$600K
-29.4%
4$1.1M$1.1M
-7.4%
5$1.9M-
N/A

Summary: Medlock Place housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +22.1%. The home price for 3 bedroom homes decreased by -29.4%. The home price for 4 bedroom homes decreased by -7.4%. The home price for 5 bedroom homes did not change.

How does Medlock Place, AZ compare with other places?

Market comparison tool

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

Medlock Place, AZ

Housing supply in Medlock Place, AZ

How many homes are available in Medlock Place, 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
13Last MonthMar 2025
122 months agoFeb 2025
+8.3 %
Change MoMFeb – Mar

Summary: The Medlock Place real estate market had 13 homes for sale in Mar 2025, a 8.3 % increase compared to Feb 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
3Last MonthMar 2025
22 months agoFeb 2025
+50.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
443
-25.0%
500
0.0%
100
0.0%
256
+20.0%
334
+33.3%

Summary: Medlock Place housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Medlock Place, 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 Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Medlock Place, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Medlock Place in March 2025, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Medlock Place, AZ

How long does it take to sell a home in Medlock Place, AZ?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Medlock Place has remained consistent over time.

Summary: During March 2025, 3 homes were sold in Medlock Place; 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

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
57 DaysThis YearMar 2025
13 Days1 year agoMar 2024
+338.5 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Medlock Place had an average listing age of 57 days in Mar 2025, up by 338.5% compared to the previous year.

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Newest Listings in Medlock Place, AZ

What homes are available in Medlock Place, AZ?

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MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, for the period 04/01/2023 - 04/01/2025

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: 4/28/2025, 10:21:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.