Photo: Marine 69-71 · CC BY-SA 4.0265 homes sold in New River in the last year, at a typical $828K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New River homes are listed.
Every place New River homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New River.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of New River’s sales, at a typical $828K
265 homes sold in the year to May 2026.
typical sale · 265 sold in 12 months
- Per square foot
- $328AZ $251
- Days to sell
- 106
- Sold over asking
- 7%
- Listings with a price cut
- 24%
Fewer homes sell than before 2022, at 2.2 times the 2016 price
265 sales in the last year, against 425 in 2021 and a low of 214 in 2023. The typical sale went from $385K in 2016 to $828K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $850K buys in New River
Check a listing against what New River homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New River are back to pre-pandemic levels, with about as many homes for sale
We read every month of New River’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 265 sales.
If you’re buying in New River
- Shop in February. It brings about 34 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
- Some room to negotiate. 24% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 96.9% of the list price on average; 7% paid over.
- You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 106 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 43 a month), but May is the most competitive: 21% of May sales close over asking. January and February offer nearly as much choice with fewer homes bid up (13%). February has the least competition (11%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Arizona
| New River now | 2017–19 | 2021 peak | AZ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 8% | 37% | 13% |
| Gone within two weeksShare of homes under contract within 14 days | 15% | 19% | 47% | 22% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | 25% | 18% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 96.9% | 97.5% | 99.9% | 97.8% |
| Days to sellMedian days from listing to contract | 106 | 89 | 43 | 67 |
150 homes for sale on a typical day
That’s 1.9 times the 2023 low (81) and about the 2017–19 level.
1 in 4 listings has cut its price
24% in the last year, against 25% in 2017–19 and 29% across Arizona.
New River ranks 82nd of 97 busy Arizona markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New River is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New River home costs about $4,682 a month
Price: New River’s typical sale, last 12 months. Property tax at New River’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New River is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 21.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $828K home, about $4,340 a year.
Taxes vs. neighborsSchools
The schools grade for New River, from test results, graduation and how much students grow.
Schools in New RiverTypical commute
The average one-way trip to work for people who live in New River.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Anthem, Black Canyon City and Peoria sell for less a square foot; Cave Creek and Scottsdale for far more
The busier markets within 25 miles of New River, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Scottsdale | 5,593 | $914K | $429 | 7% | 68 |
| Peoria | 2,798 | $520K | $256 | 12% | 67 |
| Anthem | 438 | $565K | $270 | 7% | 69 |
| New River | 265 | $828K | $328 | 7% | 106 |
| Carefree | 142 | $1.2M | $402 | 3% | 91 |
| Cave Creek | 130 | $1.1M | $413 | 5% | 91 |
| Black Canyon City | 23 | $377K | $243 | 4% | 91 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New River, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New River. People who follow the town see it, and so do people comparing New River with their own town. No commission, no listing fee.
Questions about buying a home in New River
What do homes sell for in New River, AZ?
265 homes sold in the year to May 2026 at a typical $828K, $328 a square foot.
Is New River a buyer’s or seller’s market?
A buyer’s market: 148 homes were for sale in May 2026 and 21 sold, about 7 months of supply. Buyers paid 96.9% of asking on average, and 24% of listings cut their price.
When is the best time to buy in New River?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New River?
About 0.5% of a home’s value a year. On a $828K home that’s near $4,340.
Where can I see homes for sale in New River?
Zillow, Redfin, Realtor.com and Homes.com all carry New River’s MLS listings; the search links above open each one filtered to New River.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).