The housing market in Bitter Springs, AZ is thriving with the median value of homes being $114,600. This is significantly lower than the median value for US homes which is $338,100, showing that buying a home in Bitter Springs is a more affordable option. The appreciation rate of houses in the US over the past year has been 8.27%, however, houses in Bitter Springs have appreciated at an even higher rate of 12.15%. This shows that investing in real estate in Bitter Springs can be a lucrative endeavor and it's no wonder the area is booming with new housing developments popping up all over town.
The median home cost in Bitter Springs is $114,600. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Bitter Springs is up 18.4%.
Average Age of Homes
- The median age of Bitter Springs real estate is 31 years old
The Rental Market in Bitter Springs
- Renters make up 8.6% of the Bitter Springs population
- 0.0% of houses and apartments in Bitter Springs, 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.