The housing in Many Farms, AZ is much more affordable than the US average, with the median value being $138,300 compared to the US median of $338,100. This immense disparity in price points makes it a great place for potential homeowners to consider. The area also has experienced greater appreciation than the national average in the past year at 18.86%, compared to 8.27% nationwide. This increased rate of appreciation makes Many Farms an even more attractive place to purchase, as homeowners could see larger returns on their investment over time.
The median home cost in Many Farms is $138,300. Home appreciation the last 10 years has been 139.6%. Home Appreciation in Many Farms is up 18.9%.
Average Age of Homes
- The median age of Many Farms real estate is 32 years old
The Rental Market in Many Farms
- Renters make up 26.2% of the Many Farms population
- 5.0% of houses and apartments in Many Farms, 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.