April 2026
Sales Market
Active Listings: 118 (-16.9% YoY)
→ Inventory tightened significantly compared to last year, giving buyers far fewer options than they had just a year ago.
Median Sold $/SF: $159.37 (-7.3% YoY)
→ Home prices softened meaningfully this month, showing that affordability-sensitive buyers are continuing to push back on pricing.
Average Days on Market: 78 (+32.2% YoY)
→ Homes are taking substantially longer to sell, signaling slower buyer activity and a more cautious purchase environment.
30-Year Mortgage Rate: 6.35%
→ Rates improved slightly from March, but affordability remains a meaningful factor in smaller, price-sensitive markets like Coolidge.
Rental Market
Active Listings: 17 (-22.7% YoY)
→ Rental inventory remains extremely tight, with very few available homes on the market.
Median Rented $/SF: $1.34 (+37.4% YoY)
→ Rental pricing surged dramatically year-over-year, likely driven by the severe shortage of available inventory.
Median Days on Market: 126 (+215% YoY)
→ Rentals are taking dramatically longer to lease despite low supply, pointing to an unusual disconnect between pricing expectations and renter demand.
Key Takeaways
- Sales inventory continues to tighten significantly
- Home prices softened notably, suggesting buyer resistance at current pricing levels
- Longer selling timelines indicate slower buyer activity
- Rental inventory remains critically low, creating supply constraints
- Rent prices surged sharply, but much longer leasing times suggest affordability pressure on renters
- Lower mortgage rates compared to March may help activity, but affordability remains a challenge
Overall
Coolidge’s April market presents one of the more unusual market dynamics in the region. On the sales side, tightening inventory would typically support pricing, but slower sales and declining price-per-square-foot suggest buyers are still highly price-sensitive. The rental market is even more interesting—inventory remains scarce and rents have jumped significantly, yet leasing timelines have exploded. That combination suggests landlords may be testing aggressive pricing while renters are becoming increasingly resistant. Overall, Coolidge remains a highly constrained but affordability-sensitive market.