Zip 85004 (Phoenix, AZ) Housing

The housing market in 85004 Phoenix, AZ is looking strong. The median value of a house in the area is $448,100 which is significantly higher than the US median value of $338,100. Furthermore, the 1 year rate of house appreciation in 85004 Phoenix, AZ is 10.65%, which is much higher than the US rate of 8.27%. This shows that this particular area is continuing to be a desirable and lucrative option for home-buyers looking to invest in real estate.

The median home cost in Phoenix (zip 85004) is $448,100. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85004) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85004) real estate is 48 years old

The Rental Market in Phoenix (zip 85004)

- Renters make up 52.6% of the Phoenix (zip 85004) population
- 6.8% of houses and apartments in Phoenix (zip 85004), 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	Phoenix, Arizona	United States
	5,300.0	139,647,020.0
	26	42
	$448,100	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.69	$10.98
	$2,329	$2,690
	17.6%	57.4%
	23.5%	11.2%
	58.9%	31.4%
Vacant Housing
	6.8%	1.9%
	1.5%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	5.0%	3.6%
	9.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.6%	2.4%
	0.0%	2.8%
	1.3%	3.9%
	1.5%	4.5%
	2.4%	11.3%
	2.5%	13.0%
	36.0%	20.1%
	22.2%	13.6%
	8.9%	8.3%
	12.4%	9.7%
	3.9%	3.9%
	7.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	7.2%	13.6%
	2.9%	13.2%
	3.7%	14.8%
	7.2%	13.6%
	12.7%	10.0%
	2.7%	4.7%
	6.0%	12.2%

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