The housing market in Springerville, AZ (85938) is thriving. The median value of local homes is $202,100, which is significantly lower than the national median of $338,100. In the past year, the appreciation rate increased by 14.29%, while the national average was 8.27%. This shows that housing prices in Springerville have been rapidly increasing in recent months and could lead to further economic growth in the area.
The median home cost in Springerville (zip 85938) is $202,100. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Springerville (zip 85938) is up 18.9%.
Average Age of Homes
- The median age of Springerville (zip 85938) real estate is 37 years old
The Rental Market in Springerville (zip 85938)
- Renters make up 17.6% of the Springerville (zip 85938) population
- 7.5% of houses and apartments in Springerville (zip 85938), 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.