Comprehensive market data and analysis
We're showing Arizona County statistics below to give you a broader market picture. As more transactions occur in Leupp, Arizona, we'll update with specific local data.
View nearby areas with more activity:
12.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Leupp, Arizona | ||||||
The median price for land in the Arizona area is currently $220K per acre. For a typical parcel, the median sale price is $175K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $721K.
the Arizona area is currently a strong buyer's market with 12.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 45.7% year-over-year.
the Arizona area currently has 12.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in the Arizona area averages $3.2M per acre. The median price per acre is $220K, which may be more representative of typical transactions. Most parcels sold are around 20,473 sq ft.
The 3-month absorption rate in the Arizona area is 8.1%. The 12-month rate is 9.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in the Arizona area is 8.1% (3-month basis), indicating moderate demand. With depreciating values (-45.7% YoY), buyers may find value opportunities. The top-performing broker in this market is eXp Realty.
The median land price in the Arizona area stands at $175K. This translates to roughly $220K per acre for the typical parcel size. The average price is $354K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
