Summerhaven, AZ has experienced a significant increase in housing value over the past year. The median value for a house in Summerhaven is currently $341,800, which is slightly higher than the US median of $338,100. In addition to the higher median value compared to national averages, Summerhaven has seen an impressive 16.45% appreciation rate in housing over the last year - significantly more than the 8.27% rate of appreciation nationally. This rapid increase in housing values demonstrates that Summerhaven is an attractive and desirable area for potential homeowners to consider when making their purchasing decisions.
The median home cost in Summerhaven is $341,800. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Summerhaven is up 18.2%.
Average Age of Homes
- The median age of Summerhaven real estate is 16 years old
The Rental Market in Summerhaven
- Renters make up 6.8% of the Summerhaven population
- 0.0% of houses and apartments in Summerhaven, 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.