Zip 85648 (Rio Rico, AZ) Housing

Rio Rico, AZ is an area with a strong real estate market. The median housing value in the area is $244,800, which is significantly lower than the US median of $338,100. Additionally, the one year house appreciation rate for Rio Rico is 16.45%, making it more affordable than most US markets and a great opportunity for buyers looking to invest in a growing economy. With this kind of appreciation rate, Rio Rico provides an opportunity for buyers to purchase homes at a price below market value and benefit from their investment in the coming years.

The median home cost in Rio Rico (zip 85648) is $244,800. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Rio Rico (zip 85648) is up 18.2%.

Average Age of Homes

- The median age of Rio Rico (zip 85648) real estate is 20 years old

The Rental Market in Rio Rico (zip 85648)

- Renters make up 20.2% of the Rio Rico (zip 85648) population
- 0.0% of houses and apartments in Rio Rico (zip 85648), 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	Rio Rico, Arizona	United States
	6,908.0	139,647,020.0
	24	42
	$244,800	$338,100
	18.2%	16.6%
	71.5%	57.0%
	88.3%	101.1%
	$7.62	$10.98
	$1,248	$2,690
	79.1%	57.4%
	3.5%	11.2%
	17.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	1.0%	2.8%
	2.6%	3.9%
	4.4%	4.5%
	32.6%	11.3%
	28.4%	13.0%
	21.1%	20.1%
	2.3%	13.6%
	2.5%	8.3%
	2.2%	9.7%
	0.7%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	33.8%	13.6%
	33.8%	13.6%
	33.7%	13.6%
	17.5%	13.2%
	6.3%	14.8%
	33.7%	13.6%
	0.3%	10.0%
	0.3%	4.7%
	0.5%	12.2%

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Rita · Rio Rico, AZ

Quiet, beautiful, and very far from anything

Over 3 years ago

We retired from Ventura County, CA, in 2020 and arrived in the area homeless. We rented a casita for a few months while we looked for a home. We found a place only a More

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