Lake Montezuma, AZ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lake Montezuma, AZ is $430,000, up 15.0% year-over-year. Homes sell in an average of 273 days with 23 active listings. The market is currently a buyer's market.
$430,000median sale price
Is Lake Montezuma a buyer's or seller's market?
Lake Montezuma, AZ is currently a buyer's market, based on 7.7 months of supply and homes selling in about 273 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
273
Average pace
Active listings
23
7.7 months supply
Sale-to-list
98.3%
Below asking
Lake Montezuma, AZ market data
| Metric | Value |
|---|---|
| Median sale price | $430,000 |
| Median list price | $399,000 |
| Year-over-year price change | +15.0% |
| Average days on market | 273 days |
| Active inventory | 23 listings |
| Months of supply | 7.7 months |
| Sale-to-list price ratio | 98.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Lake Montezuma housing market is currently classified as a buyer's market with a median sale price of $430,000. Prices have risen 15.0% compared to last year, with homes spending an average of 273 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lake Montezuma
There are currently 23 homes listed for sale in Lake Montezuma, Arizona. The median listing price is $399K.
Active listings
23
Homes on market
Median list price
$399K
Avg. days on market
273
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Lake Montezuma?
The median home sale price in Lake Montezuma is $430,000, up 15.0% from last year.
How long do homes stay on market in Lake Montezuma?
Homes typically spend 273 days on market before going under contract.
Is Lake Montezuma a buyer's or seller's market?
With 7.7 months of supply, Lake Montezuma is currently a buyer's market.
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