The housing in Phoenix, AZ, zip code 85043 is very desirable due to its median value of $346,500. This is substantially higher than the US House Median Value of $338,100 and higher still than the US 1 year House Appreciation rate of 8.27%. In fact, housing in Phoenix has seen an impressive 10.65% appreciation over the past year alone. These rates are part of what makes the city so attractive for potential homeowners who want to invest in property and reap its rewards.
The median home cost in Phoenix (zip 85043) is $346,500. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85043) is up 21.8%.
Average Age of Homes
- The median age of Phoenix (zip 85043) real estate is 15 years old
The Rental Market in Phoenix (zip 85043)
- Renters make up 38.1% of the Phoenix (zip 85043) population
- 0.1% of houses and apartments in Phoenix (zip 85043), 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.