Housing Prices in Ward 5, AZ

How much do homes in Ward 5, AZ cost?

Median List Price

$285,000

$212/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$2,000(-0.7%)

Key Takeaway

The list price of homes in Ward 5 has decreased by 0.7% since April.

Summary: The median home list price in Ward 5 was $285,000 in May 2024, down 0.7% from the previous month, and the median price per square foot was $212.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $294.4K$189K
-35.8%
2 $243K$245K
+0.8%
3 $296.9K$289K
-2.7%
4 $299K$299K
0.0%
5+ $362.5K$409.9K
+13.1%

Summary: Ward 5 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 13.1%.

Median List Price Compared To Nearby Neighborhoods

Mortimore
0.0%
Ward 5
-0.7%
Bravo Park Lane
-6.4%

Housing Supply in Ward 5, AZ

How many homes are available in Ward 5, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5091+82.0%

Summary: The Ward 5 real estate market had 91 homes for sale in May 2024, a 82.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 1123
+109.1%
3 2038
+90.0%
4 1523
+53.3%
5+ 24
+100.0%

Summary: The Ward 5 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 109.1%, 3 bedroom homes increased by 90%, 4 bedroom homes increased by 53.3%, and 5+ bedroom homes increased by 100%.

Days on Market for Ward 5, AZ

How long does it take to sell a home in Ward 5, AZ?

Average Listing Age

Apr 2024May 2024CHANGE
64 Days58 Days-10.0%

Summary: Homes in Ward 5 had an average listing age of 58 days in May 2024, down by 10% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Ward 5, AZ

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