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.