Sonoita, AZ Foreclosures
How much do homes sell for in Sonoita, AZ?
The average home price is currently $517,971.
In Sonoita, AZ, how many homes are available?
There are currently 13 active home listings available in Sonoita.
What’s the average rental cost in Sonoita, AZ?
The average rental price in Sonoita is $1,448.
What is the most expensive home in Sonoita?
The most expensive home sold in Sonoita had a price of $8,390,200.
What is currently the cheapest priced home in Sonoita, AZ?
The cheapest home for sale in Sonoita is priced at $17,016.
Living in Sonoita, AZ
Sonoita, located in Arizona, offers a serene rural lifestyle surrounded by stunning landscapes. The area is known for its vineyards, ranches, and equestrian culture, catering to those looking for a peaceful life away from the hustle and bustle of city living. With its close-knit community and numerous outdoor recreational opportunities, Sonoita provides an ideal setting for families and retirees alike.
Current Market Conditions in Sonoita, AZ
The real estate market in Sonoita has generally been stable, with a healthy demand for properties, particularly those with land suitable for farming or horses. There has been a notable interest from buyers seeking second homes or retirement properties, contributing to a modest rise in prices.
As of recent trends, the inventory of homes for sale has decreased slightly, leading to a competitive market where homes are selling faster than in previous months. Buyers are particularly interested in properties with larger lots and scenic views, which are in high demand.
Home Value Estimator For Sonoita, AZ
There are currently 720 real estate properties
in Sonoita, AZ,
with a median automated valuation model (AVM) price
of $487,354.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sonoita, AZ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sonoita, AZ,
is $517,971.00, with the most expensive house
in Sonoita, AZ, topping out
at $8,390,200.00 and the cheapest home
in Sonoita, AZ,
clocking in at $17,016.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sonoita, AZ!
Rent Prices
In Sonoita, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sonoita, AZ, is on
a rollercoaster ride. The
average rent price in Sonoita, AZ,
is $1,448.00. Indeed, when looking to rent in
Sonoita, AZ, you can expect to pay as little
as $750.00 or as much
as $2,740.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Sonoita, AZ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
