Zip 85028 (Phoenix, AZ) Housing

Housing in 85028 Phoenix, AZ is a fairly expensive area with the median value of houses being $608,000. This is significantly higher than the US house median value of $338,100. The housing market here appreciates at a faster rate than the US average as well, with an appreciation rate of 10.65% compared to 8.27%. Therefore purchasing housing in this area is likely to be a good investment for those looking to buy.

The median home cost in Phoenix (zip 85028) is $608,000. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85028) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85028) real estate is 40 years old

The Rental Market in Phoenix (zip 85028)

- Renters make up 17.3% of the Phoenix (zip 85028) population
- 0.2% of houses and apartments in Phoenix (zip 85028), 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
	8,241.0	139,647,020.0
	44	42
	$608,000	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.47	$10.98
	$2,350	$2,690
	77.8%	57.4%
	8.3%	11.2%
	13.9%	31.4%
Vacant Housing
	0.2%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.4%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.6%	4.5%
	1.2%	11.3%
	1.1%	13.0%
	10.6%	20.1%
	27.8%	13.6%
	22.1%	8.3%
	21.9%	9.7%
	5.3%	3.9%
	5.5%	2.2%
	1.2%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.9%	13.6%
	4.9%	13.6%
	7.4%	13.6%
	21.5%	13.2%
	45.0%	14.8%
	7.4%	13.6%
	1.1%	10.0%
	0.1%	4.7%
	0.7%	12.2%

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