Housing in 85251 Scottsdale, AZ is quite expensive compared to the national average. The median value for houses in this area is $484,800, which is 44% higher than the US median house value of $338,100. In the last year alone, house values have appreciated at a rate of 9.87%, which is 1.6% more than the national appreciation rate of 8.27%. With such high property values and rapid appreciation, it's no surprise that Scottsdale is a popular place for people looking to invest in housing.
The median home cost in Scottsdale (zip 85251) is $484,800. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Scottsdale (zip 85251) is up 21.6%.
Average Age of Homes
- The median age of Scottsdale (zip 85251) real estate is 43 years old
The Rental Market in Scottsdale (zip 85251)
- Renters make up 41.3% of the Scottsdale (zip 85251) population
- 4.1% of houses and apartments in Scottsdale (zip 85251), 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.