The Redwood Estates Markwood South housing market is very competitive. The median sale price of a home in Redwood Estates Markwood South was $609K last month, down 5.6% since last year.
Redwood Estates Markwood South Housing Market Trends
What is the housing market like in Redwood Estates Markwood South today?
In October 2024, Redwood Estates Markwood South home prices were down 5.6% compared to last year, selling for a median price of $609K. On average, homes in Redwood Estates Markwood South sell after 32 days on the market compared to 21 days last year. There were 2 homes sold in October this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$608,750
-5.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Redwood Estates Markwood South, AZ
$608,750
-5.6%
United States
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How hot is the Redwood Estates Markwood South housing market?
Redwood Estates Markwood South is very competitive. Homes sell in 18.5 days.
0
100
73
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 19 days.
Hot homes
can sell for about 9% above list price and go pending in around 8 days.
Learn about schools in the Redwood Estates Markwood South area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Redwood Estates Markwood South housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Redwood Estates Markwood South.
Flood Factor - Minor
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Redwood Estates Markwood South has a minor risk of flooding. 31 properties in Redwood Estates Markwood South are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in Redwood Estates Markwood South. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Redwood Estates Markwood South has a moderate risk of wildfire. There are 514 properties in Redwood Estates Markwood South that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Redwood Estates Markwood South.
Redwood Estates Markwood South has minimal risk of severe winds over the next 30 years
Wind Factor
Redwood Estates Markwood South has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Redwood Estates Markwood South has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Redwood Estates Markwood South have an Extreme Heat Factor®.
Redwood Estates Markwood South is expected to see a 185% increase in the number of days over 111ºF over the next 30 years. Redwood Estates Markwood South is expected to experience 8