Zip 85029 (Phoenix, AZ) Housing


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The housing market in 85029 Phoenix, AZ is thriving. The current median value of homes in this area is $336,500, which is slightly lower than the US House median value of $338,100. However, the one-year appreciation rate of homes in this area has been 10.65%, higher than the national average of 8.27%. This indicates that housing prices in 85029 Phoenix, AZ are steadily increasing and that there is a strong demand for housing here.

The median home cost in Phoenix (zip 85029) is $336,500. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85029) is up 21.8%.

Average Age of Homes
- The median age of Phoenix (zip 85029) real estate is 41 years old
The Rental Market in Phoenix (zip 85029)
- Renters make up 44.5% of the Phoenix (zip 85029) population
- 2.1% of houses and apartments in Phoenix (zip 85029), 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

  HousingPhoenix, ArizonaUnited States
  19,448.0139,647,020.0
  4542
  $336,500$338,100
  21.8%16.6%
  94.6%57.0%
  221.0%101.1%
  $5.20$10.98
  $1,182$2,690
  52.4%57.4%
  5.3%11.2%
  42.3%31.4%
  Vacant Housing
  2.1%1.9%
  0.9%0.4%
  0.3%0.7%
  0.4%0.4%
  0.5%3.6%
  1.1%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  1.2%2.4%
  0.2%2.8%
  0.4%3.9%
  1.8%4.5%
  11.2%11.3%
  19.1%13.0%
  49.6%20.1%
  10.7%13.6%
  2.5%8.3%
  1.8%9.7%
  0.1%3.9%
  0.0%2.2%
  0.1%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  4.3%13.6%
  4.3%13.6%
  8.0%13.6%
  21.9%13.2%
  39.0%14.8%
  8.0%13.6%
  3.9%10.0%
  0.4%4.7%
  0.7%12.2%
Commute

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