North Mountain Housing Market Report January 2025•Maricopa County, Arizona

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Housing Prices in North Mountain, AZ

How much do homes in North Mountain, AZ cost?

Housing Market Conditions

Is North Mountain, 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

North Mountain is a Neutral Market

Difference Since January 2024

At the same time last year, North Mountain was a Seller's Market.

Insight

North Mountain 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

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.
$389,991$263/SqFt
+$10,740
+2.8%

Based on all homes sold in the last 12 months

Insight

Homes in North Mountain have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in North Mountain was $389,991 in January 2025, up 2.8% from last year, and the median price per square foot was $263.

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$197.4K$189K
-4.3%
2$289K$290.5K
0.5%
3$385K$395K
+2.6%
4$459.9K$456.2K
-0.8%
5$675K$654.5K
-3.0%

Summary: North Mountain housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.3%. The home price for 2 bedroom homes increased by 0.5%. The home price for 3 bedroom homes increased by +2.6%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes decreased by -3.0%.

Housing supply in North Mountain, AZ

How many homes are available in North Mountain, 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
715Last MonthJan 2025
6552 months agoDec 2024
+9.2 %
Change MoMDec – Jan

Summary: The North Mountain real estate market had 715 homes for sale in Jan 2025, a 9.2 % 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
117Last MonthJan 2025
1452 months agoDec 2024
-19.3 %
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
11416
+14.3%
2159174
+9.4%
3296318
+7.4%
4154178
+15.6%
53229
-9.4%

Summary: North Mountain housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.3%. The inventory for 2 bedroom homes increased by +9.4%. The inventory for 3 bedroom homes increased by +7.4%. The inventory for 4 bedroom homes increased by +15.6%. The inventory for 5 bedroom homes decreased by -9.4%.

Asking Price vs. Sold Price

How much do homes in North Mountain, 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 Price16 Homes

At Asking Price24 Homes

Under Asking Price77 Homes

Insight

If you're buying a home in North Mountain, you may be able to get a good deal. 65.8% of homes here sold below asking price last month.

Summary: A total of 117 homes were sold or pending in North Mountain in January 2025, down by 19.3% month-over-month. Of the 117 sold homes, 66% were sold under asking, 21% were sold at asking, and and 14% were sold over asking.

Days on Market for North Mountain, AZ

How long does it take to sell a home in North Mountain, AZ?

Breakdown of Home Sale Times

Under 30 Days21 Homes

30 – 90 Days52 Homes

Over 90 Days44 Homes

Insight

Avg time on Rocket Homes in North Mountain has remained consistent over time.

Summary: During January 2025, 117 homes were sold in North Mountain; 18% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 38% 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
80 DaysThis YearJan 2025
51 Days1 year agoJan 2024
+55.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in North Mountain had an average listing age of 80 days in Jan 2025, up by 55.0% compared to the previous year.

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Newest Listings in North Mountain, AZ

What homes are available in North Mountain, AZ?

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Nearby markets aren't available for North Mountain, 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

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: 3/1/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.