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Millett Ranch Housing Market Report June 2025•Maricopa County, Arizona

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Housing Prices in Millett Ranch, AZ

How much do homes in Millett Ranch, AZ cost?

Housing Market Conditions

Is Millett Ranch, 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

Millett Ranch is a Seller's Market

Difference Since May 2025

Last month, Millett Ranch was a Buyer's Market.

Insight

Millett Ranch 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.
$495,000$303/SqFt
-$4,000
-0.8%

Based on all homes sold in June 2025

Insight

Homes in Millett Ranch have sold for 0.8% less than they did a month ago.

Summary: The median home sold price in Millett Ranch was $495,000 in June 2025, down 0.8% from last month, and the median price per square foot was $303.

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 MoM
Millett Ranch
-0.8%
Country Estates
-11.5%

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.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2--
N/A
3$499K$482.5K
-3.3%
4--
N/A
5-$775K
N/A

Summary: Millett Ranch housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -3.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Millett Ranch, AZ compare with other places?

Market comparison tool

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

Millett Ranch, AZ

Housing supply in Millett Ranch, AZ

How many homes are available in Millett Ranch, 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
7Last MonthJun 2025
82 months agoMay 2025
-12.5 %
Change MoMMay – Jun

Summary: The Millett Ranch real estate market had 7 homes for sale in Jun 2025, a 12.5 % decrease compared to May 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
5Last MonthJun 2025
12 months agoMay 2025
+400.0 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
200
0.0%
365
-16.7%
411
0.0%
511
0.0%

Summary: Millett Ranch housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Millett Ranch, 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 Price1 Home

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Millett Ranch, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Millett Ranch in June 2025, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.

Days on Market for Millett Ranch, AZ

How long does it take to sell a home in Millett Ranch, AZ?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Millett Ranch are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 5 homes were sold in Millett Ranch; 80% of homes were sold within 30 days, 20% 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.
Last Month1 month agoChange MoM
22 DaysLast MonthJun 2025
16 Days1 month agoMay 2025
+40.0 %
Change MoMMay – Jun

Summary: Homes in Millett Ranch had an average listing age of 22 days in Jun 2025, up by 40.0% compared to the previous month.

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Newest Listings in Millett Ranch, AZ

What homes are available in Millett Ranch, AZ?

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Nearby markets

Nearby markets aren't available for Millett Ranch, AZ

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MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, for the period 05/01/2025 - 07/01/2025

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: 7/10/2025, 1:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.