New River, AZ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in New River, AZ is $878,000, down 2.4% year-over-year. Homes sell in an average of 138 days with 158 active listings. The market is currently a buyer's market.
$878,000median sale price
Is New River a buyer's or seller's market?
New River, AZ is currently a buyer's market, based on 6.9 months of supply and homes selling in about 138 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
138
Average pace
Active listings
158
6.9 months supply
Sale-to-list
97.2%
Below asking
New River, AZ market data
| Metric | Value |
|---|---|
| Median sale price | $878,000 |
| Median list price | $995,000 |
| Year-over-year price change | -2.4% |
| Average days on market | 138 days |
| Active inventory | 158 listings |
| Months of supply | 6.9 months |
| Sale-to-list price ratio | 97.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The New River housing market is currently classified as a buyer's market with a median sale price of $878,000. Prices have fallen 2.4% compared to last year, with homes spending an average of 138 days on market, indicating 6.9 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 New River
There are currently 158 homes listed for sale in New River, Arizona. The median listing price is $995K.
Active listings
158
Homes on market
Median list price
$995K
Avg. days on market
138
Days until sale
New this week
39
Newly listed
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Frequently asked questions
What is the average home price in New River?
The median home sale price in New River is $878,000, down 2.4% from last year.
How long do homes stay on market in New River?
Homes typically spend 138 days on market before going under contract.
Is New River a buyer's or seller's market?
With 6.9 months of supply, New River is currently a buyer's market.
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