Chandler, AZ 85248 - Real Estate Investment Insights & Performance Data

Welcome to our 85248 real estate data hub, tailored for investors in Chandler, AZ. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 85248 in Chandler, AZ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MARICOPA COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Chandler, AZ real estate investing. Uncover the wealth of information available, and position yourself for success in the Chandler property market.

• Location Overview

  • Zip Code: 85248
  • City: Chandler
  • State: AZ
  • Metro Area: Phoenix-Mesa-Chandler, AZ
  • County Name: MARICOPA COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $541,891
  • Average Home Price (Single Family Homes): $548,929
  • Average Monthly Rental Price (All Types): $2,479
  • Price-to-Rent Ratio: 18
  • Zillow Projected % appreciation from 4/2023-4/2024: 1.2%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $2,140
  • Average 3 Bedroom Section 8 Rental Rates: $2,930
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.1
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.41
  • Number of Units Offered in Section 8 in the County: 8542
  • Number of Occupied Units in Section 8 in the County: 8071
  • Percentage of Section 8 Units Occupied in the County: 94.5%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 277.38
  • Total % Appreciation since 2000 (Government Data): 174.17
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.88%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.64%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.5%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.08%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 92.58%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.83%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 129.9%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.92%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.64%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.57%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 56.15%