The housing market in 85255 Scottsdale, AZ is strong and growing. The median value of a house in this area is $1,084,900, which is considerably higher than the median value of houses nationally ($338,100). Additionally, the one year appreciation rate for houses in this area has been 9.87%, slightly higher than the national average of 8.27%. This indicates that the housing market in 85255 Scottsdale, AZ is performing better than most other US markets and is a desirable place to buy a home.
The median home cost in Scottsdale (zip 85255) is $1,084,900. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Scottsdale (zip 85255) is up 21.6%.
Average Age of Homes
- The median age of Scottsdale (zip 85255) real estate is 19 years old
The Rental Market in Scottsdale (zip 85255)
- Renters make up 16.0% of the Scottsdale (zip 85255) population
- 1.5% of houses and apartments in Scottsdale (zip 85255), 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.