Is Heber, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Heber was a Seller's Market.
Housing Prices in Heber, AZ
How much do homes in Heber, AZ cost?
Median Sold Price
$432,500
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Heber was $432,500 in April 2024, up 11.2% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $227.4K | +30.0% |
2 Bedrooms | $315K | $372.4K | +18.2% |
3 Bedrooms | $417.4K | $500K | +19.8% |
4 Bedrooms | $612.5K | $700K | +14.3% |
5+ Bedrooms | $1.0M | - | N/A |
Summary: Heber housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Heber | $389K | $432.5K | +11.2% |
Overgaard | $374.9K | $400K | +6.7% |
Housing Supply in Heber, AZ
How many homes are available in Heber, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 50 | +42.9% |
Summary: The Heber real estate market had 50 homes for sale in April 2024, a 42.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 16 | 22 | +37.5% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Heber housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Heber in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Heber, AZ
How long does it take to sell a home in Heber, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 28 Days | -58.2% |
Summary: Homes in Heber had an average of 28 days on market in Apr 2024, down by 58.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Heber; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.