Shonto, Arizona is a great place to live for those looking to purchase a home. The median value of housing in Shonto is $189,300, which is much lower than the US median value of $338,100. This makes it an affordable option for many families and individuals. Additionally, Shonto experienced a faster home appreciation rate over the past year than the national average, with an increase of 12.15%, compared to 8.27% nationwide. This makes it an attractive option for potential home buyers who are looking to invest in real estate with good short-term returns.
The median home cost in Shonto is $189,300. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Shonto is up 18.4%.
Average Age of Homes
- The median age of Shonto real estate is 49 years old
The Rental Market in Shonto
- Renters make up 32.3% of the Shonto population
- 11.0% of houses and apartments in Shonto, 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.