New River, AZ Housing Market & Real Estate

Buyer's market-2.4% YoY

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?

Buyer's market6.9 months of supply138 avg. days on 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

Current housing market statistics for New River, AZ
MetricValue
Median sale price$878,000
Median list price$995,000
Year-over-year price change-2.4%
Average days on market138 days
Active inventory158 listings
Months of supply6.9 months
Sale-to-list price ratio97.2%
Market conditionBuyer'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

Price drops:18.4%of listings
Sale-to-list:97.2%

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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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