The housing market in Martinez Lake, AZ is a thriving and desirable area to live. The median value of a house in the area is $327,600 which is slightly lower than the national median value of $338,100. Despite this discrepancy, house values have appreciated by 11.29% over the past year which is higher than the national average of 8.27%. This indicates that there is strong demand for houses in Martinez Lake and could be an excellent opportunity for potential investors looking to purchase real estate.
The median home cost in Martinez Lake is $327,600. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Martinez Lake is up 21.9%.
Average Age of Homes
- The median age of Martinez Lake real estate is 35 years old
The Rental Market in Martinez Lake
- Renters make up 1.8% of the Martinez Lake population
- 0.0% of houses and apartments in Martinez Lake, 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.