Scottsdale, AZ is known for its beautiful scenery and vibrant culture, but it also has some of the most expensive housing in the United States. The median value of a house in Scottsdale is currently $721,200, significantly higher than the US median value of $338,100. In addition to the higher prices, there has been an impressive appreciation rate of 9.87% in housing over the last year alone, much higher than the national average of 8.27%. With its incredible landscape and high-end real estate market, Scottsdale is an ideal destination for those looking for luxurious living.
The median home cost in Scottsdale is $721,200. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Scottsdale is up 21.6%.
Average Age of Homes
- The median age of Scottsdale real estate is 29 years old
The Rental Market in Scottsdale
- Renters make up 26.5% of the Scottsdale population
- 1.9% of houses and apartments in Scottsdale, 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.