The housing market in 85742 Casas Adobes, AZ is quite strong with the median value of housing sitting at $375,300. This is significantly higher than the US House Median Value of $338,100. In addition, the 1 year house appreciation in 85742 Casas Adobes, AZ is even higher than that of the nation as a whole, coming in at 13.29% compared to 8.27%. This indicates that houses in this area are appreciating faster and more steadily than other areas across the nation. Therefore it can be concluded that housing in 85742 Casas Adobes, AZ is a good investment with long-term prospects for growth and stability.
The median home cost in Casas Adobes (zip 85742) is $375,300. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Casas Adobes (zip 85742) is up 21.2%.
Average Age of Homes
- The median age of Casas Adobes (zip 85742) real estate is 24 years old
The Rental Market in Casas Adobes (zip 85742)
- Renters make up 19.2% of the Casas Adobes (zip 85742) population
- 1.0% of houses and apartments in Casas Adobes (zip 85742), 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.