Eloy, AZ is a city with an impressive housing market. According to the data provided, the median value of houses in Eloy is $241,100, which is significantly lower than the US median house value of $338,100. However, what makes Eloy an attractive place to buy a home is its appreciation rate - over the past year, housing appreciation has been 15.44%, much higher than the national average of 8.27%. This increase in value makes Eloy an excellent choice for those looking for both short- or long-term investments.
The median home cost in Eloy is $241,100. Home appreciation the last 10 years has been 223.9%. Home Appreciation in Eloy is up 24.2%.
Average Age of Homes
- The median age of Eloy real estate is 33 years old
The Rental Market in Eloy
- Renters make up 31.4% of the Eloy population
- 2.8% of houses and apartments in Eloy, 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.