Zip 85611 (Elgin, AZ) Housing

The housing situation in 85611 Elgin, AZ is quite impressive. The median value for a house in the area is $465,900, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for the area was 16.45%, which was considerably higher than the US rate of 8.27%. This suggests that investing in property in Elgin would be an excellent way to increase one's wealth.

The median home cost in Elgin (zip 85611) is $465,900. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Elgin (zip 85611) is up 18.2%.

Average Age of Homes

- The median age of Elgin (zip 85611) real estate is 23 years old

The Rental Market in Elgin (zip 85611)

- Renters make up 6.8% of the Elgin (zip 85611) population
- 0.0% of houses and apartments in Elgin (zip 85611), 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	Elgin, Arizona	United States
	753.0	139,647,020.0
	35	42
	$465,900	$338,100
	18.2%	16.6%
	71.5%	57.0%
	88.3%	101.1%
	$7.49	$10.98
	$2,011	$2,690
	73.3%	57.4%
	22.2%	11.2%
	4.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	14.2%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	1.3%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	8.2%	11.3%
	17.0%	13.0%
	37.1%	20.1%
	8.9%	13.6%
	11.6%	8.3%
	11.2%	9.7%
	1.8%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	22.7%	13.6%
	16.3%	13.2%
	21.1%	14.8%
	22.7%	13.6%
	0.8%	10.0%
	2.8%	4.7%
	10.5%	12.2%

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