Welcome to our 85050 real estate data hub, tailored for investors in Phoenix, 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 85050 in Phoenix, 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 Phoenix, AZ real estate investing. Uncover the wealth of information available, and position yourself for success in the Phoenix property market.
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Location Overview
- Zip Code: 85050
- City: Phoenix
- State: AZ
- Metro Area: Phoenix-Mesa-Chandler, AZ
- County Name: MARICOPA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $574,850
- Average Home Price (Single Family Homes): $583,560
- Average Monthly Rental Price (All Types): $2,903
- Price-to-Rent Ratio: 17
- Zillow Projected % appreciation from 4/2023-4/2024: 1.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,570
- Average 3 Bedroom Section 8 Rental Rates: $3,520
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.64
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.61
- 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%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 382.17
- Total % Appreciation since 2000 (Government Data): 208.26
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.16%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -1.53%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.21%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.47%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 102.22%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.24%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 139.73%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.29%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.36%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 44.24%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 63.34%