Is Litchfield Park, AZ 85340 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Litchfield Park is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score21/ 100

More competitive than 14% of U.S. ZIP codes, and #166 of 231 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.4Under 4 months = seller’s market
Sold above original list7.3%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market83Listing to accepted offer
Median price per sq ft$230▼ −2.8% vs. last year

The Litchfield Park housing market right now

In the three months ending August 31, 2026, 7% of homes in Litchfield Park, AZ 85340 sold above their list price, the typical home went under contract in 83 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 197 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold more slowly (78 days then) and the median sale price fell 5% to $520,775. Overall, Litchfield Park is about as competitive as it was a year ago.

Within Maricopa County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Litchfield Park ranks #166 of 231 AZ ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Wickenburg 85390 (0% sold over asking) or Carefree 85377 (0% sold over asking), while Arlington 85322 (33% sold over asking) and Tolleson 85353 (32% sold over asking) are even more competitive.

Nearby markets

Aguila 85320 $167 /sq ftArlington 85322Buyer’s market $241 /sq ftAvondale 85323Balanced $219 /sq ftAvondale 85392Seller’s market $220 /sq ft Browse all markets →

Where Litchfield Park is

Loading map…

Questions about Litchfield Park real estate

Is Litchfield Park a buyer’s or seller’s market?

A balanced market: there were 4.4 months of supply in Litchfield Park, AZ 85340 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Litchfield Park?

The typical home went under contract in 83 days in the latest three months.

Do homes in Litchfield Park sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Litchfield Park?

About 0.44% of a home’s value a year in Maricopa County, or roughly $1,760 on a $400,000 home.

What is the median home price in Litchfield Park?

The median sale price was $520,775 in the three months ending August 31, 2026, about $230 per square foot.

No sponsored agents in 85340 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 85340

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology