University Manor Housing Market Report January 2025•Maricopa County, Arizona

hero building illustration for mobile

Housing Prices in University Manor, AZ

How much do homes in University Manor, AZ cost?

Housing Market Conditions

Is University Manor, 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

University Manor is a Seller's Market

Difference Since January 2024

Since last year, University Manor has remained a Seller's Market.

Insight

University Manor 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.
$390,000$268/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in University Manor has remained the same since last year.

Summary: The median home sold price in University Manor was $390,000 in January 2025, the same as last year, and the median price per square foot was $268.

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--
N/A
2$311K$352.5K
+13.3%
3$388K$387.5K
-0.1%
4$435.8K$449.5K
+3.1%
5$526K$370K
-29.7%

Summary: University Manor housing price by bedroom type for January 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 +13.3%. The home price for 3 bedroom homes decreased by -0.1%. The home price for 4 bedroom homes increased by +3.1%. The home price for 5 bedroom homes decreased by -29.7%.

Housing supply in University Manor, AZ

How many homes are available in University Manor, 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
17Last MonthJan 2025
162 months agoDec 2024
+6.3 %
Change MoMDec – Jan

Summary: The University Manor real estate market had 17 homes for sale in Jan 2025, a 6.3 % 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
3Last MonthJan 2025
42 months agoDec 2024
-25.0 %
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
100
0.0%
212
+100.0%
3910
+11.1%
465
-16.7%
500
0.0%

Summary: University Manor housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in University Manor, 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 Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in University Manor, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in University Manor in January 2025, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and and 67% were sold over asking.

Days on Market for University Manor, AZ

How long does it take to sell a home in University Manor, 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 University Manor has remained consistent over time.

Summary: During January 2025, 3 homes were sold in University Manor; 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
52 DaysThis YearJan 2025
39 Days1 year agoJan 2024
+32.8 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in University Manor had an average listing age of 52 days in Jan 2025, up by 32.8% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in University Manor, AZ

What homes are available in University Manor, AZ?

See More Listings

Nearby markets

Nearby markets aren't available for University Manor, AZ

Popular Cities with Homes for Sale in Arizona

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: 2/22/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.