Phoenix Real Estate 85050 Community Profile
Phoenix is Arizona’s state capital and is also the sixth largest city in the United State. Because of its excellent location, Phoenix has become the fastest growing cities in the country where it has developed into a major city.
Relocating to Phoenix real estate 85050 will give you endless opportunities. Outstanding schools, medical facilities, restaurants, shopping centers and all other conveniences are strategically situated to cater the needs of the residents. One of the best place to live is in Phoenix real estate 85050.
Phoenix real estate 85050 is a urban zip code in Phoenix, Arizona. The population is primarily white and mostly married couples. Real estate prices here ($161,100) are significantly above average for the Phoenix-Mesa-Scottsdale metro area.
The median age here is 33.9. There are 9,259 men and 9,918 women. The median age for men is 33.3 while for women the median age is 34.6.
85050 Zip code is located in the Mountain time zone at 34 degrees latitude.
Phoenix Real Estate 85050 Price Trends – Sold vs. Listed
Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).
By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
Phoenix Real Estate 850750 Market Inventory Trends
The number of active listings in Phoenix (85050) increased by 5.9%from the previous month.
The median number of days active properties have been listed is 28. This is significantly shorter than the national average.
The number of sales in April dropped by 33.7% from the previous month.
Property Ownership Phoenix Real Estate 85050
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Phoenix Real Estate 85050 Income by Household
Median household income in 85050 is $74,182 with 351 households earning between $35,000 to $40,000 annually.
Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.
Phoenix Real Estate 85050 Crime Risk
The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average.
The national average for each type of crime equals a score of 100.
A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.
Education: Highest Level Attained Phoenix Real Estate 85050
For the zip 85050, 29.39% of the people have completed a bachelors degree as their highest education level.
Statistics for Single Family Homes and Condos Phoenix 85050
Looking for a perfect home in Phoenix real estate 85050? Email or call us at 480-595-6415.