The housing in Casas Adobes, AZ is doing quite well. The median value of a house in this area is $256,100, which is significantly lower than the US median house value of $338,100. However, the one year appreciation rate for houses in Casas Adobes has been 13.29%, much higher than the US one year house appreciation rate of 8.27%. This suggests that home ownership in Casas Adobes can be a good investment and an attractive option for potential homeowners.
The median home cost in Casas Adobes is $256,100. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Casas Adobes is up 21.2%.
Average Age of Homes
- The median age of Casas Adobes real estate is 31 years old
The Rental Market in Casas Adobes
- Renters make up 31.7% of the Casas Adobes population
- 1.1% of houses and apartments in Casas Adobes, 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.