The housing market in Cornville, AZ is quite strong. The median value of a house in Cornville is $480,000, which is significantly higher than the US median value of $338,100. The 1 year appreciation rate for houses in Cornville is also higher than the US average at 9.24%, compared to 8.27%. This indicates that real estate prices are rising steadily and investment in the area could be a good option for those looking for a profitable real estate opportunity.
The median home cost in Cornville is $480,000. Home appreciation the last 10 years has been 175.2%. Home Appreciation in Cornville is up 19.5%.
Average Age of Homes
- The median age of Cornville real estate is 31 years old
The Rental Market in Cornville
- Renters make up 10.8% of the Cornville population
- 0.8% of houses and apartments in Cornville, 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.