Zip 85022 (Phoenix, AZ) Housing

The housing market in Phoenix, AZ (85022) is a vibrant one with a median value of $418,500. This is significantly higher than the US median house value of $338,100. Additionally, Phoenix has seen an impressive year-on-year increase in house values of 10.65%, which is higher than the national average of 8.27%. Therefore, it is apparent that 85022 Phoenix offers excellent returns on investment for those looking to invest in the real estate market.

The median home cost in Phoenix (zip 85022) is $418,500. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85022) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85022) real estate is 31 years old

The Rental Market in Phoenix (zip 85022)

- Renters make up 41.4% of the Phoenix (zip 85022) population
- 0.6% of houses and apartments in Phoenix (zip 85022), 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
	24,114.0	139,647,020.0
	35	42
	$418,500	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.28	$10.98
	$1,577	$2,690
	49.3%	57.4%
	4.1%	11.2%
	46.6%	31.4%
Vacant Housing
	0.6%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.9%	0.4%
	0.7%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	2.5%	2.4%
	2.4%	2.8%
	2.8%	3.9%
	1.0%	4.5%
	4.7%	11.3%
	8.4%	13.0%
	26.1%	20.1%
	23.9%	13.6%
	12.1%	8.3%
	10.9%	9.7%
	1.4%	3.9%
	0.4%	2.2%
	0.5%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	21.6%	13.6%
	33.2%	13.2%
	25.2%	14.8%
	21.6%	13.6%
	1.9%	10.0%
	0.6%	4.7%
	0.6%	12.2%

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