The housing market in Safford, AZ has been booming in recent years. The median value of a house in Safford is currently $237,100, which is significantly lower than the US median value of $338,100. However, this discrepancy has been shrinking as the 1 year appreciation rate for houses in Safford is 14.29%, compared to 8.27% for the US overall. This shows that despite having a lower median value, the housing market in Safford is growing faster and could soon reach parity with nationwide trends.
The median home cost in Safford is $237,100. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Safford is up 18.9%.
Average Age of Homes
- The median age of Safford real estate is 41 years old
The Rental Market in Safford
- Renters make up 29.5% of the Safford population
- 3.6% of houses and apartments in Safford, 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.