Zip 85019 (Phoenix, AZ) Housing

The housing market in Phoenix, AZ (85019) has seen strong appreciation over the past year. The median value for a house in this area is $303,100, which is slightly lower than the US median value of $338,100. However, the one year house appreciation rate for this area is 10.65%, which is significantly higher than the US one year house appreciation rate of 8.27%. This means that housing prices in Phoenix are increasing faster than average and could be seen as a good investment opportunity for those looking to purchase a property in this area.

The median home cost in Phoenix (zip 85019) is $303,100. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85019) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85019) real estate is 53 years old

The Rental Market in Phoenix (zip 85019)

- Renters make up 40.7% of the Phoenix (zip 85019) population
- 2.9% of houses and apartments in Phoenix (zip 85019), 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
	8,384.0	139,647,020.0
	54	42
	$303,100	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.18	$10.98
	$924	$2,690
	48.2%	57.4%
	5.8%	11.2%
	46.0%	31.4%
Vacant Housing
	2.9%	1.9%
	0.5%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	0.9%	2.4%
	0.2%	2.8%
	2.6%	3.9%
	2.4%	4.5%
	16.2%	11.3%
	36.3%	13.0%
	31.8%	20.1%
	5.1%	13.6%
	0.3%	8.3%
	1.4%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.2%	13.6%
	2.2%	13.6%
	3.3%	13.6%
	7.2%	13.2%
	26.5%	14.8%
	3.3%	13.6%
	29.9%	10.0%
	0.6%	4.7%
	2.7%	12.2%

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