Zip 85017 (Phoenix, AZ) Housing

The median housing value in 85017 Phoenix, AZ is $296,100, which is lower than the US House Median Value of $338,100. However, housing appreciation in 85017 Phoenix, AZ is higher than the US 1 year House Appreciation at 10.65% compared to 8.27%. This suggests that despite the lower median value in 85017 Phoenix, AZ relative to the national average, it remains a desirable location for home buyers due to its strong growth potential and appreciation rate.

The median home cost in Phoenix (zip 85017) is $296,100. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85017) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85017) real estate is 49 years old

The Rental Market in Phoenix (zip 85017)

- Renters make up 54.3% of the Phoenix (zip 85017) population
- 2.7% of houses and apartments in Phoenix (zip 85017), 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
	12,892.0	139,647,020.0
	52	42
	$296,100	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.25	$10.98
	$863	$2,690
	41.5%	57.4%
	7.3%	11.2%
	51.2%	31.4%
Vacant Housing
	2.7%	1.9%
	1.1%	0.4%
	0.2%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	9.2%	2.6%
	2.4%	2.4%
	1.3%	2.8%
	3.4%	3.9%
	4.8%	4.5%
	17.1%	11.3%
	30.6%	13.0%
	21.8%	20.1%
	7.3%	13.6%
	0.5%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	7.1%	13.6%
	14.2%	13.2%
	23.2%	14.8%
	7.1%	13.6%
	28.7%	10.0%
	1.6%	4.7%
	0.2%	12.2%

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