The housing market in Tumacacori-Carmen, AZ is thriving. The median value for a house is $271,100, which is significantly lower than the US median of $338,100. However, the impressive one year appreciation rate of 16.45%, compared to the US average of 8.27%, shows that Tumacacori-Carmen's housing market is growing at a faster than average rate. This indicates that now might be an opportune time to enter into the Tumacacori-Carmen housing market as an investor or homeowner.
The median home cost in Tumacacori-Carmen is $271,100. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Tumacacori-Carmen is up 18.2%.
Average Age of Homes
- The median age of Tumacacori-Carmen real estate is 52 years old
The Rental Market in Tumacacori-Carmen
- Renters make up 28.0% of the Tumacacori-Carmen population
- 15.7% of houses and apartments in Tumacacori-Carmen, 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.