The housing market in Naco, AZ is strong and growing. The median value of homes in the area is $101,900, which is significantly lower than the US median value of $338,100. However, house appreciation has been higher than the national average with a one year appreciation rate of 16.45%, compared to 8.27% for the US overall. This shows that the housing market in Naco, AZ is growing and presents an opportunity for potential buyers to invest in the area.
The median home cost in Naco is $101,900. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Naco is up 18.2%.
Average Age of Homes
- The median age of Naco real estate is 41 years old
The Rental Market in Naco
- Renters make up 23.4% of the Naco population
- 2.2% of houses and apartments in Naco, 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.