Parks, AZ is an affluent area with a median home value of $622,200, which is significantly higher than the US median home value of $338,100. This high cost is justified by the high annual appreciation rate of 12.15%, which is higher than the nationwide average of 8.27%. As such, Parks provides many upscale housing options for those looking for a luxurious lifestyle experience.
The median home cost in Parks is $622,200. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Parks is up 18.4%.
Average Age of Homes
- The median age of Parks real estate is 26 years old
The Rental Market in Parks
- Renters make up 7.0% of the Parks population
- 1.4% of houses and apartments in Parks, 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.