The housing market in Maricopa, AZ is booming. The median value of a house is $370,500 which is significantly higher than the US median value of $338,100. Furthermore, the 1 year appreciation rate for housing in Maricopa, AZ is 15.44%, which is much higher than the US rate of 8.27%. This indicates that people are increasingly investing in Maricopa's real estate market and suggests that it is a great place to buy or sell a home.
The median home cost in Maricopa is $370,500. Home appreciation the last 10 years has been 223.9%. Home Appreciation in Maricopa is up 24.2%.
Average Age of Homes
- The median age of Maricopa real estate is 12 years old
The Rental Market in Maricopa
- Renters make up 17.7% of the Maricopa population
- 1.3% of houses and apartments in Maricopa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.