The housing market in the Sierra Vista-Douglas, AZ Metro Area has been thriving in recent years. The median value of houses in this area is $223,000 - significantly lower than the US median of $338,100. However, the one-year house appreciation rate for this area is 14.29%, significantly higher than the national rate of 8.27%. This indicates that the housing market in Sierra Vista-Douglas is rapidly growing and is a great place for potential home buyers looking for an opportunity to invest their money.
The median home cost in Sierra Vista-Douglas Metro Area is $223,000. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Sierra Vista-Douglas Metro Area is up 18.2%.
Average Age of Homes
- The median age of Sierra Vista-Douglas Metro Area real estate is 33 years old
The Rental Market in Sierra Vista-Douglas Metro Area
- Renters make up 26.1% of the Sierra Vista-Douglas Metro Area population
- 1.5% of houses and apartments in Sierra Vista-Douglas Metro Area, 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.