The housing in 86538 Many Farms, AZ is very affordable compared to the US median value. The median value for housing in 86538 Many Farms, AZ is $58,900 while the US median value is $338,100. This means that homeowners in this area are able to purchase a home at a fraction of the price of other parts of the country. Additionally, the appreciation rate for homes in 86538 Many Farms, AZ has been higher than the national average over the past year, increasing 15.43% compared to just 8.27% across America as a whole. Homeowners in this area are likely to enjoy increased equity as their homes appreciate more quickly than those elsewhere.
The median home cost in Many Farms (zip 86538) is $58,900. Home appreciation the last 10 years has been 139.6%. Home Appreciation in Many Farms (zip 86538) is up 18.9%.
Average Age of Homes
- The median age of Many Farms (zip 86538) real estate is 32 years old
The Rental Market in Many Farms (zip 86538)
- Renters make up 16.9% of the Many Farms (zip 86538) population
- 3.3% of houses and apartments in Many Farms (zip 86538), 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.