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Featured local agent — Donovan Estates, AZ
Sarah Mitchell
Compass Real Estate · Donovan Estates, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Donovan Estates, AZ Housing Market
The last median sale price Redfin published was $223,750, +11.9% year over year (through May 2026). With homes going under contract in about 59 days, Donovan Estates is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $223,750 home is about $1,150/mo in principal and interest.
Key numbers for Donovan Estates, AZ
Median sale price
$223,750
+11.9% year over year
Redfin, through February 2026
Days on market
59
Average pace
Redfin, through February 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$39,018
Home costs 5.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.8%
Selling above asking
Redfin, through February 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Donovan Estates a buyer's or seller's market?
Donovan Estates, AZ is a balanced market and homes selling in about 59 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Donovan Estates housing market data show?
Every row below is Redfin's final published month for Donovan Estates, AZ. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $223,750 |
| Year-over-year price change | +11.9% |
| Median price per sq ft | $220/sq ft |
| Median days on market | 59 days |
| Sale-to-list price ratio | 101.8% |
| Homes sold (that month) | 2 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Donovan Estates is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Donovan Estates is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Donovan Estates home prices moved?
Across the 23 months we hold for Donovan Estates, AZ, the median sale price rose 17.8%, from $190,000 in May 2021 to $223,750.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Donovan Estates?
Priced off the median sale price of $223,750 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $44,750 | $179,000 | $1,150/mo |
| 5% | $11,188 | $212,563 | $1,366/mo |
Redfin, through February 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,150, that implies roughly $49,299 a year before you add taxes and insurance. The median household in Donovan Estates earns $39,018, about $10,281 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.7x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Donovan Estates in the next 12 months?
Tell us your timeline. We send the Donovan Estates market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Donovan Estates?
Zillow does not publish a rent index (ZORI) for Donovan Estates, AZ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Donovan Estates?
Active listings in Donovan Estates, AZ went from 1 in April 2022 to 3 in January 2026, a +200.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| May 2022 | 1 | 2 |
| July 2022 | 2 | 2 |
| September 2022 | 2 | 1 |
| March 2023 | 1 | 1 |
| July 2023 | 3 | 1 |
| January 2024 | 1 | not published |
| February 2025 | 1 | 1 |
| March 2025 | 2 | 1 |
| June 2025 | 2 | 1 |
| July 2025 | 1 | not published |
| December 2025 | 1 | not published |
| January 2026 | 3 | 3 |
Redfin, through January 2026
How does Donovan Estates compare to Arizona and the U.S.?
Donovan Estates homes sell for $223,750 — 51% below the Arizona median of $453,800. Against the national median of $410,700, Donovan Estates runs 46% lower. Year-over-year, Donovan Estates moved +11.9% against Arizona's +0.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Donovan Estates, AZ | $223,750 | +11.9% | 59 days |
| Arizona statewide | $453,800 | +0.5% | 62 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Donovan Estates
What buyers should watch
- The gap between 5% and 20% down here is $216 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $223,750 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Donovan Estates listing goes under contract in 59 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.8% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Donovan Estates varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Donovan Estates
Explore homes currently listed for sale in Donovan Estates, Arizona across major real estate platforms.
How much do homes cost in Donovan Estates by property type?
How the Donovan Estates, AZ market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $223,750 | $220/sq ft | 2 | 59 days |
Who lives in Donovan Estates?
American Community Survey estimates for Donovan Estates. U.S. Census ACS, 2023
Population
623
Households
282
Median income
$39,018/yr
Median age
58.4 years
Owner-occupied
70.2%
Median home value
$159,500
Mean commute
17.4 min
70.2% of occupied homes in Donovan Estates are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Donovan Estates, AZ?
Ordered by distance from Donovan Estates, not by size. Compare Donovan Estates side by side with any of them.
Donovan Estates housing market FAQ
Is Donovan Estates a buyer's or seller's market?
Donovan Estates, AZ is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Donovan Estates?
The median sale price in the last month Redfin published was $223,750, about $220 per square foot.
Is Donovan Estates cheaper than the rest of Arizona?
Donovan Estates's median sale price of $223,750 is 51% lower than the Arizona statewide median of $453,800, and 46% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Donovan Estates?
Homes in Donovan Estates, AZ spent a median of 59 days on market before going under contract, versus 62 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Donovan Estates?
At the current 30-year fixed rate of 6.66%, 20% down on a $223,750 home is about $1,150 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $49,299 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $39,018.
Are home prices rising in Donovan Estates?
Redfin's last published year-over-year change for Donovan Estates, AZ was +11.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Donovan Estates?
Donovan Estates ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Donovan Estates?
That depends on your timeline, not on a headline. What the data says today: Donovan Estates, AZ is a balanced market, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $223,750, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.