Zip 85254 (Phoenix, AZ) Housing

Housing in 85254 Phoenix, AZ is significantly more expensive than the US median value at $769,100. This amount is nearly double the US median value of $338,100. In addition, the one year house appreciation rate for this area is 9.87%, which is higher than the national average of 8.27%. This suggests that housing values in 85254 Phoenix, AZ have been increasing at a rapid rate despite being already highly valued compared to other areas.

The median home cost in Phoenix (zip 85254) is $769,100. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Phoenix (zip 85254) is up 21.6%.

Average Age of Homes

- The median age of Phoenix (zip 85254) real estate is 32 years old

The Rental Market in Phoenix (zip 85254)

- Renters make up 24.8% of the Phoenix (zip 85254) population
- 1.8% of houses and apartments in Phoenix (zip 85254), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Phoenix, Arizona	United States
	20,599.0	139,647,020.0
	35	42
	$769,100	$338,100
	21.6%	16.6%
	91.8%	57.0%
	199.6%	101.1%
	$5.61	$10.98
	$3,010	$2,690
	63.9%	57.4%
	9.8%	11.2%
	26.3%	31.4%
Vacant Housing
	1.8%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	4.8%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.3%	2.4%
	0.1%	2.8%
	0.5%	3.9%
	0.2%	4.5%
	0.6%	11.3%
	2.2%	13.0%
	3.6%	20.1%
	15.4%	13.6%
	20.1%	8.3%
	42.1%	9.7%
	9.3%	3.9%
	3.5%	2.2%
	0.6%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	27.6%	13.6%
	32.0%	13.2%
	25.9%	14.8%
	27.6%	13.6%
	0.3%	10.0%
	0.1%	4.7%
	0.2%	12.2%

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