Housing in 85053 Phoenix, AZ is at a median value of $373,500. This is higher than the US house median value of $338,100 and is also seeing higher appreciation of 10.65% over the last year compared to the 8.27% for the entire country. This area of Phoenix is a desirable location for many people due to its attractive real estate market and increasing value.
The median home cost in Phoenix (zip 85053) is $373,500. Home appreciation the last 10 years has been 221.0%. Home Appreciation in Phoenix (zip 85053) is up 21.8%.
Average Age of Homes
- The median age of Phoenix (zip 85053) real estate is 38 years old
The Rental Market in Phoenix (zip 85053)
- Renters make up 37.6% of the Phoenix (zip 85053) population
- 1.5% of houses and apartments in Phoenix (zip 85053), 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.