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Featured local agent — Wagon Wheel, AZ
Sarah Mitchell
Compass Real Estate · Wagon Wheel, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wagon Wheel, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$379,000median sale price
How is the Wagon Wheel, AZ housing market right now?
The median home sale price in Wagon Wheel, AZ is $379,000, up 5.8% year-over-year. Homes sell in an average of 37 days with 28 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wagon Wheel a buyer's or seller's market?
Wagon Wheel, AZ is currently a buyer's market, based on 9.3 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
37
Average pace
Active listings
28
9.3 months supply
Sale-to-list
98.7%
Below asking
What does the Wagon Wheel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $379,000 |
| Median list price | $432,889 |
| Year-over-year price change | +5.8% |
| Average days on market | 37 days |
| Active inventory | 28 listings |
| Months of supply | 9.3 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $292/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 10 |
| Listings with a price cut | 28.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Wagon Wheel by property type?
How the Wagon Wheel, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $572,000 | $322/sq ft | 2 | 27 days |
| Condo / Co-op | $360,000 | $211/sq ft | 1 | 253 days |
| Townhouse | $324,000 | $240/sq ft | 1 | 37 days |
Source: Redfin · Updated monthly
The Wagon Wheel housing market is currently classified as a buyer's market with a median sale price of $379,000. Prices have risen 5.8% compared to last year, with homes spending an average of 37 days on market, indicating 9.3 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 Wagon Wheel
There are currently 28 homes listed for sale in Wagon Wheel, Arizona. The median listing price is $433K.
Active listings
28
Homes on market
Median list price
$433K
Avg. days on market
37
Days until sale
New this week
10
Newly listed
Who lives in Wagon Wheel?
Population
1,767
Median income
$55,506/yr
Median age
56 years
Owner-occupied
75.0%
College grads
24.5%
Avg commute
18.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Wagon Wheel?
Wagon Wheel is a community of approximately 2K residents with a median age of 56 years.The median household income is $55,506, which represents a working-class community with solid middle-income opportunities. 24.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wagon Wheel offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Wagon Wheel, AZ?
Want a head-to-head view? Compare Wagon Wheel side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wagon Wheel?
The median home sale price in Wagon Wheel is $379,000, up 5.8% from last year.
How long do homes stay on market in Wagon Wheel?
Homes typically spend 37 days on market before going under contract.
What is the median income in Wagon Wheel?
The median household income is $55,506 per year.
Is Wagon Wheel a buyer's or seller's market?
With 9.3 months of supply, Wagon Wheel is currently a buyer's market.
What is the median condo price in Wagon Wheel?
The median condo/co-op sale price in Wagon Wheel, AZ is $360,000, compared to $572,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wagon Wheel?
The median single-family home price in Wagon Wheel, AZ is $572,000 (about $322 per square foot).
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