The housing market in 85013 Phoenix, AZ is thriving. The current median housing value in the area is $469,700, which is significantly higher than the US median housing value of $338,100. This means that Phoenix real estate is appreciating at a rate of 10.65% over the past year, which is higher than the US average of 8.27% for the same period. This moving trend indicates that this area has strong prospects for continued home appreciation in the years to come.
The median home cost in Phoenix (zip 85013) is $469,700. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85013) is up 21.8%.
Average Age of Homes
- The median age of Phoenix (zip 85013) real estate is 54 years old
The Rental Market in Phoenix (zip 85013)
- Renters make up 49.1% of the Phoenix (zip 85013) population
- 2.2% of houses and apartments in Phoenix (zip 85013), 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.