The housing market in 85307 Glendale, AZ is known for its higher median value than the average US house. The median value in 85307 Glendale is $393,200, which is much higher than the US house median of $338,100. In addition, the appreciation rate of houses in 85307 Glendale has been higher than that of the nationwide average with a one year appreciation rate of 11.29% in comparison to 8.27%. This is indicative of strong performance for the housing industry in this area and suggests that it will continue to be attractive to potential buyers and investors alike.
The median home cost in Glendale (zip 85307) is $393,200. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Glendale (zip 85307) is up 21.9%.
Average Age of Homes
- The median age of Glendale (zip 85307) real estate is 25 years old
The Rental Market in Glendale (zip 85307)
- Renters make up 45.8% of the Glendale (zip 85307) population
- 1.5% of houses and apartments in Glendale (zip 85307), 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.