The Palo Verde housing market is somewhat competitive. The median sale price of a home in Palo Verde was $498K last month, up 11.2% since last year. The median sale price per square foot in Palo Verde is $250, down 2.9% since last year.
What is the housing market like in Palo Verde today?
In January 2025, Palo Verde home prices were up 11.2% compared to last year, selling for a median price of $498K. On average, homes in Palo Verde sell after 52 days on the market compared to 41 days last year. There were 56 homes sold in January this year, up from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$497,500
+11.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Palo Verde, AZ
$497,500
+11.2%
United States
To compare other locations to the Palo Verde and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Peoria add value to a home.
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How hot is the Palo Verde housing market?
Palo Verde is somewhat competitive. Homes sell in 50.5 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 19 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palo Verde housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palo Verde.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palo Verde has a minor risk of flooding. 17 properties in Palo Verde are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Palo Verde. Flood risk is increasing faster than the national average.