Zip 85014 (Phoenix, AZ) Housing

The housing market in Phoenix, AZ 85014 is looking very strong. The median value of a house in the area is $428,600 which is significantly higher than the US median value of $338,100. In addition to this, the 1 year appreciation rate of houses in this area is 10.65%, which is higher than the US average with an appreciation of 8.27%. This indicates that overall, house prices are continuing to increase over time and that Phoenix might be a good place for real estate investments.

The median home cost in Phoenix (zip 85014) is $428,600. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85014) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85014) real estate is 48 years old

The Rental Market in Phoenix (zip 85014)

- Renters make up 48.6% of the Phoenix (zip 85014) population
- 3.3% of houses and apartments in Phoenix (zip 85014), 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
	14,545.0	139,647,020.0
	51	42
	$428,600	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.41	$10.98
	$1,829	$2,690
	32.7%	57.4%
	12.3%	11.2%
	55.0%	31.4%
Vacant Housing
	3.3%	1.9%
	0.9%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	2.5%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.5%	2.4%
	0.5%	2.8%
	0.6%	3.9%
	0.9%	4.5%
	2.9%	11.3%
	11.7%	13.0%
	24.0%	20.1%
	21.9%	13.6%
	15.8%	8.3%
	14.6%	9.7%
	3.7%	3.9%
	0.9%	2.2%
	1.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	8.9%	13.6%
	10.7%	13.2%
	18.4%	14.8%
	8.9%	13.6%
	17.0%	10.0%
	6.3%	4.7%
	3.1%	12.2%

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