Zip 85045 (Phoenix, AZ) Housing

The city of Phoenix, AZ in the zip code 85045 has a median housing value of $628,900. This is significantly higher than the US median house value of $338,100. In addition to this, the 1 year house appreciation rate for Phoenix in 85045 is 10.65%, which is noticeably higher than the national average of 8.27%. These figures indicate that the housing market in Phoenix is appreciating at a faster rate than other areas across the United States, making it a desirable location for potential homebuyers.

The median home cost in Phoenix (zip 85045) is $628,900. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85045) is up 21.8%.

Average Age of Homes

- The median age of Phoenix (zip 85045) real estate is 18 years old

The Rental Market in Phoenix (zip 85045)

- Renters make up 17.5% of the Phoenix (zip 85045) population
- 1.1% of houses and apartments in Phoenix (zip 85045), 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
	2,869.0	139,647,020.0
	21	42
	$628,900	$338,100
	21.8%	16.6%
	94.6%	57.0%
	221.0%	101.1%
	$7.02	$10.98
	$2,991	$2,690
	81.7%	57.4%
	9.1%	11.2%
	9.2%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	5.5%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.3%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.3%	11.3%
	0.5%	13.0%
	17.1%	20.1%
	26.8%	13.6%
	19.2%	8.3%
	29.7%	9.7%
	4.5%	3.9%
	1.2%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	39.1%	13.6%
	39.1%	13.6%
	47.3%	13.6%
	0.9%	13.2%
	0.4%	14.8%
	47.3%	13.6%
	1.0%	10.0%
	0.0%	4.7%
	0.0%	12.2%

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