Elephant Head, AZ is a great place to invest in housing. The median value of homes in the area is $309,300, which is slightly lower than the US house median value of $338,100. However, the one year house appreciation rate in Elephant Head is very attractive at 16.45%, much higher than the US average of 8.27%. This makes it an appealing market for those looking to purchase a home and make a solid return on their investment.
The median home cost in Elephant Head is $309,300. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Elephant Head is up 18.2%.
Average Age of Homes
- The median age of Elephant Head real estate is 24 years old
The Rental Market in Elephant Head
- Renters make up 15.4% of the Elephant Head population
- 0.0% of houses and apartments in Elephant Head, 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.