Phoenix Real Estate 85027 Market Trends
85027 is a rural zip code in Phoenix, Arizona. The population in Phoenix Real Estate 85027 is primarily white,and mostly married couples. The average house value here ($102,800) is lower than in the Phoenix-Mesa-Scottsdale metro area as a whole, so this could be a great place to look for housing bargains.
The median age here is 30.7. There are 19,630 men and 18,939 women. The median age for men is 30.2 while for women the median age is 31.3.
85027 Zip code is located in the Mountain time zone.
Phoenix Real Estate Price Trends – Sold vs. Listed
The median list price in November for single family homes in Phoenix was$139,900. The list prices increased by 0.32% from the previous month.
The price per square foot for listings in this area is $100.
The median sale price in August for single family homes was $146,500. The sale prices increased by 8.15%from the previous month.
Market Inventory Trends
The number of active listings in Phoenix increased by 26.5% from the previous month.
The median number of days active properties have been listed is 20. This is significantly shorter than the national average.
The number of sales in August dropped by 59% from the previous month.
The percent of rental properties in Phoenix is 14.31% above the national average which is typical for urban areas.
Statistics for Single Family Homes and Condos 85027
If you are looking for a perfect house in the Phoenix Real Estate 85027 that you can call home you may email or call us at 480-595-6412 and we will be able to provide you with all the current listings available.
This article is brought to you by Luxury Valley Home team, your expert partner in the Phoenix Arizona real estate market.