Springerville, AZ is a great place to buy real estate. The median house value in this area is $210,300, which is significantly lower than the median value of US homes at $338,100. Furthermore, over the last year the appreciation of houses in Springerville has far outpaced the national average of 8.27%, with a recorded appreciation rate of 14.29%. This makes Springerville an attractive option for potential homebuyers looking for a great investment opportunity or a reliable long-term residence.
The median home cost in Springerville is $210,300. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Springerville is up 18.9%.
Average Age of Homes
- The median age of Springerville real estate is 39 years old
The Rental Market in Springerville
- Renters make up 24.2% of the Springerville population
- 9.0% of houses and apartments in Springerville, 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.