June 2026
Maricopa’s real estate market remained steady in June as home inventory continued to tighten while prices held relatively stable. Buyers continue to benefit from a more balanced market than in recent years, while sellers are seeing consistent demand for well-priced homes. The rental market also remained healthy, with modest inventory growth and homes continuing to lease in about one month.
Sales Market Highlights
- Active Listings: 575 (20.8% decrease YoY)
- Median Sold Price: $185.79 per SF (1.0% decrease YoY)
- Average Days on Market: 70 days (22.6% increase YoY)
- 30-Year Mortgage Rate: 6.49%
Maricopa experienced one of the largest year-over-year inventory declines in the region, with active listings down more than 20%. While home values remain just slightly below last year’s levels, the market continues to provide opportunities for buyers as homes are taking longer to sell than they did a year ago. Well-priced homes, however, continue to attract strong interest.
Rental Market Highlights
- Active Rental Listings: 94 (9.3% increase YoY)
- Median Rent: $0.99 per SF (2.9% decrease YoY)
- Median Days on Market: 30 days (3.4% increase YoY)
Maricopa’s rental market remains balanced. Rental inventory increased modestly compared to last year, providing tenants with additional choices, while rental rates softened slightly. Despite these adjustments, rental homes continue to lease in approximately one month, reflecting healthy tenant demand across the city.
Key Takeaways
- 📉 Home inventory declined 20.8% compared to last year, significantly reducing available supply.
- 🏡 Median sold price measured $185.79 per square foot, down just 1.0% year over year.
- ⏳ Homes averaged 70 days on market, 22.6% longer than last year.
- 💰 Mortgage rates remained relatively stable at 6.49%.
- 🏘️ Rental inventory increased 9.3%, giving renters slightly more options.
- 💵 Median rent measured $0.99 per square foot, down 2.9% from last year.
- 🔑 Rental homes leased in a median of 30 days, demonstrating continued healthy tenant demand.
Overall Outlook
Maricopa continues to offer excellent value for homeowners and real estate investors seeking affordability within the Phoenix metropolitan area. While homes are taking longer to sell and rental rates have softened modestly, declining sales inventory indicates buyer demand remains resilient. The combination of relatively affordable home prices, continued population growth, and expanding employment opportunities throughout Pinal County positions Maricopa as an attractive long-term market for both homeowners and investors.
May 2026
Sales Market
Active Listings: 578 (-21.8% YoY)
→ Inventory has tightened dramatically compared to last year, giving buyers significantly fewer options and creating one of the strongest supply contractions in the region.
Median Sold $/SF: $184.52 (-1.1% YoY)
→ Home prices remain nearly flat year-over-year, indicating the market has stabilized despite elevated mortgage rates.
Average Days on Market: 66 (-12.0% YoY)
→ Homes are selling faster than they were a year ago, signaling stronger buyer demand as available inventory continues to shrink.
30-Year Mortgage Rate: 6.52%
→ Mortgage rates increased from April, continuing to challenge affordability, though buyer activity has remained resilient.
Rental Market
Active Listings: 81 (No Change YoY)
→ Rental inventory remained virtually unchanged from last year, reflecting a balanced supply environment.
Median Rented $/SF: $0.97 (-1.0% YoY)
→ Rental pricing remains stable, with only a slight year-over-year decline despite ongoing affordability pressures.
Median Days on Market: 39 (+18.2% YoY)
→ Rentals are taking longer to lease than last year, suggesting renters remain selective and price-conscious.
Key Takeaways
- Sales inventory has fallen sharply, creating a much tighter housing market.
- Home prices have largely stabilized after several months of modest declines.
- Faster selling times indicate improving buyer demand.
- Rental inventory remains balanced with little year-over-year change.
- Rental pricing has remained remarkably steady despite slower leasing activity.
- Higher mortgage rates continue to be the primary headwind for buyers.
Overall
Maricopa’s May market is showing encouraging signs of stabilization. The sales market has strengthened considerably, with inventory falling more than 20% year-over-year and homes selling faster despite higher mortgage rates. Home prices have remained relatively stable, suggesting buyers are adjusting to current market conditions. On the rental side, inventory remains balanced while rent prices have held steady, although leasing activity has slowed somewhat. Overall, Maricopa continues to transition toward a healthier and more balanced housing market, with the sales market showing particularly strong momentum heading into the summer months.
April 2026
Sales Market
Active Listings: 634 (-13.5% YoY)
→ Inventory continues to tighten significantly, giving buyers noticeably fewer options than they had this time last year.
Median Sold $/SF: $186.94 (-0.9% YoY)
→ Home prices are nearly flat year-over-year, suggesting Maricopa’s sales market may be finding firmer footing after several months of softness.
Average Days on Market: 68 (+3.0% YoY)
→ Homes are taking only slightly longer to sell than last year, a meaningful improvement from the much slower pace seen earlier this winter.
30-Year Mortgage Rate: 6.35%
→ Mortgage rates eased from March, offering buyers a modest affordability improvement heading further into the spring market.
Rental Market
Active Listings: 79 (+11.3% YoY)
→ Rental inventory remains higher than last year, giving renters slightly more options than they had in 2025.
Median Rented $/SF: $1.00 (No Change YoY)
→ Rental pricing held steady year-over-year, signaling a relatively balanced relationship between supply and renter demand.
Median Days on Market: 35 (-10.3% YoY)
→ Rentals are leasing faster than last year, indicating healthier renter demand despite increased inventory.
Key Takeaways
- Sales inventory continues to tighten, creating a healthier supply environment
- Home pricing appears to be stabilizing after months of downward pressure
- Selling timelines have improved meaningfully from earlier 2026 highs
- Rental inventory remains elevated, but renter demand appears stronger
- Flat rents and faster leasing suggest a balanced rental market
- Lower mortgage rates may help support continued spring sales activity
Overall
Maricopa’s April market shows meaningful improvement on both the sales and rental sides. The sales market is becoming healthier, with significantly tighter inventory, stabilizing home prices, and improved selling timelines compared to earlier in the year. The rental market also looks balanced, with slightly elevated inventory but steady pricing and faster lease absorption. Overall, Maricopa appears to be moving toward a more stable and balanced market as spring progresses.