The housing market in 85301 Glendale, AZ is currently quite strong. The median value of homes in the area is $309,500, which is lower than the national median of $338,100. However, this area has seen stronger appreciation over the last year with an 11.29% increase compared to the US average of 8.27%. Homeowners in Glendale have a great opportunity to take advantage of this trend and enjoy a return on their investment through increased equity or rental income.
The median home cost in Glendale (zip 85301) is $309,500. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Glendale (zip 85301) is up 21.9%.
Average Age of Homes
- The median age of Glendale (zip 85301) real estate is 41 years old
The Rental Market in Glendale (zip 85301)
- Renters make up 53.0% of the Glendale (zip 85301) population
- 2.6% of houses and apartments in Glendale (zip 85301), 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.