The Palo Verde housing market is somewhat competitive. The median sale price of a home in Palo Verde was $323K last month, up 4.0% since last year. The median sale price per square foot in Palo Verde is $222, down 0.22% since last year.
What is the housing market like in Palo Verde today?
In March 2024, Palo Verde home prices were up 4.0% compared to last year, selling for a median price of $323K. On average, homes in Palo Verde sell after 64 days on the market compared to 27 days last year. There were 12 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$322,500
+4.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palo Verde, AZ
$322,500
+4.0%
United States
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How hot is the Palo Verde housing market?
Palo Verde is somewhat competitive. Homes sell in 41 days.
0
100
56
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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 41 days.
Hot homes
can sell for around list price and go pending in around 23 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.5%
+0.9 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palo Verde, AZ
97.5%
+0.9 pt
United States
Home offer insights for Palo Verde
Explore recent offers and recently sold homes in Palo Verde
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
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 Palo Verde housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palo Verde.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palo Verde has a minor risk of flooding. 11 properties in Palo Verde are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Palo Verde. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palo Verde has a moderate risk of wildfire. There are 21 properties in Palo Verde that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Palo Verde.