The housing market in Bagdad, AZ is performing well with a median value of $215,500. This is considerably lower than the US house median value of $338,100, yet the 1-year appreciation rate is higher than the national average at 9.24%, compared to 8.27%. This indicates that Bagdad's housing market has experienced positive growth over the past year and could be a good investment opportunity for those interested in buying a home in the area.
The median home cost in Bagdad is $215,500. Home appreciation the last 10 years has been 175.2%. Home Appreciation in Bagdad is up 19.5%.
Average Age of Homes
- The median age of Bagdad real estate is 40 years old
The Rental Market in Bagdad
- Renters make up 83.5% of the Bagdad population
- 5.5% of houses and apartments in Bagdad, 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.