Zip 85032 (Phoenix, AZ) Housing

Housing in 85032 Phoenix, AZ is thriving. The median value of houses in this area is $433,500, which is significantly higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in 85032 Phoenix, AZ is 10.65%, which is much higher than the national average of 8.27%. This vibrant housing market indicates that homeowners in this area are experiencing increased value in their investments.

The median home cost in Phoenix (zip 85032) is $433,500. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85032) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85032) real estate is 34 years old

The Rental Market in Phoenix (zip 85032)

- Renters make up 39.2% of the Phoenix (zip 85032) population
- 1.3% of houses and apartments in Phoenix (zip 85032), 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
	29,834.0	139,647,020.0
	38	42
	$433,500	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$5.19	$10.98
	$1,519	$2,690
	54.0%	57.4%
	5.2%	11.2%
	40.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.1%	0.4%
	1.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.4%	2.4%
	1.3%	2.8%
	0.3%	3.9%
	2.1%	4.5%
	5.6%	11.3%
	6.1%	13.0%
	32.3%	20.1%
	25.4%	13.6%
	11.8%	8.3%
	8.9%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	16.6%	13.6%
	31.9%	13.2%
	30.3%	14.8%
	16.6%	13.6%
	2.7%	10.0%
	0.0%	4.7%
	0.2%	12.2%

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