Zip 85340 (Litchfield Park, AZ) Housing

Housing in 85340 Litchfield Park, AZ is quite expensive with a median value of $538,100, significantly higher than the US median value of $338,100. In addition, the area has seen significant appreciation over the past year with an 11.29% increase as opposed to the US' 8.27%. This trend is expected to continue due to the strong regional economy and high demand for housing in this area.

The median home cost in Litchfield Park (zip 85340) is $538,100. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Litchfield Park (zip 85340) is up 21.9%.

Average Age of Homes

- The median age of Litchfield Park (zip 85340) real estate is 14 years old

The Rental Market in Litchfield Park (zip 85340)

- Renters make up 24.3% of the Litchfield Park (zip 85340) population
- 1.1% of houses and apartments in Litchfield Park (zip 85340), 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	Litchfield Park, Arizona	United States
	12,078.0	139,647,020.0
	17	42
	$538,100	$338,100
	21.9%	16.6%
	91.7%	57.0%
	198.2%	101.1%
	$5.38	$10.98
	$1,997	$2,690
	74.7%	57.4%
	5.6%	11.2%
	19.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	2.4%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	0.4%	2.4%
	1.1%	2.8%
	0.4%	3.9%
	0.1%	4.5%
	3.6%	11.3%
	2.8%	13.0%
	21.9%	20.1%
	24.3%	13.6%
	19.8%	8.3%
	17.0%	9.7%
	5.1%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	59.2%	13.6%
	59.2%	13.6%
	7.6%	13.6%
	4.3%	13.2%
	6.9%	14.8%
	7.6%	13.6%
	1.5%	10.0%
	0.1%	4.7%
	0.1%	12.2%

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