The housing market in 85635 Sierra Vista, AZ is very strong. The median house value for the area is $242,800, which is significantly lower than the US median house value of $338,100. Despite this discrepancy, the one year appreciation rate for homes in Sierra Vista has been much higher than the national average at 16.45%, compared to only 8.27% across the country. This indicates that Sierra Vista is a great place to buy or sell a home as it offers both a lower cost of entry into homeownership and potential for growth in equity over time.
The median home cost in Sierra Vista (zip 85635) is $242,800. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Sierra Vista (zip 85635) is up 18.2%.
Average Age of Homes
- The median age of Sierra Vista (zip 85635) real estate is 33 years old
The Rental Market in Sierra Vista (zip 85635)
- Renters make up 41.1% of the Sierra Vista (zip 85635) population
- 2.6% of houses and apartments in Sierra Vista (zip 85635), 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.