Home Values

Maricopa Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median list price per square foot in Maricopa is $76, which is lower than the Phoenix Metro average of $123. The median price of homes currently listed in Maricopa is $165,000 while the median price of homes that sold is $146,746. The median rent price in Maricopa is $950, which is lower than the Phoenix Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Maricopa 5.5 homes are foreclosed (per 10,000). This is greater than the Phoenix Metro value of 4.2 and also greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Maricopa is 5.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Maricopa homeowners underwater on their mortgage is 30.9%, which is higher than Phoenix Metro at 20.1%.

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Relative ZHVI
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Maricopa Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $165,000 Median listing price
  • $146,746 Median sale price
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Maricopa Market Health

Data through Aug 31, 2014
  • 0.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 30.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.5 homes Maricopa
4.2 homes Phoenix Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Gilbert $260,500
Chandler $246,300
Goodyear $224,000
Name Median ZHVI
Tempe $219,700
Litchfield Park $217,700
Glendale $170,100
Name Median ZHVI
Avondale $163,900
Casa Grande $128,600
Tolleson $92,000

Listings & Sales

Data through Aug 31, 2014
  • $76 Median list price / sq ft
  • $75 Median sale price / sq ft
  • 48.6% Listings with price cut
28.4%
Sold below listing
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Maricopa Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $934 Maricopa
    $1,209 Phoenix Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $950 Rent list price
  • $0.46 Rent list price / sq ft
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