Welcome to our 85251 real estate data hub, tailored for investors in Scottsdale, 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 85251 in Scottsdale, 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 Scottsdale, AZ real estate investing. Uncover the wealth of information available, and position yourself for success in the Scottsdale property market.
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Location Overview
- Zip Code: 85251
- City: Scottsdale
- 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): $506,180
- Average Home Price (Single Family Homes): $614,974
- Average Monthly Rental Price (All Types): $1,905
- Price-to-Rent Ratio: 22
- Zillow Projected % appreciation from 4/2023-4/2024: 2.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,010
- Average 3 Bedroom Section 8 Rental Rates: $2,760
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.99
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.28
- 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): 624.56
- Total % Appreciation since 2000 (Government Data): 297.95
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.51%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.69%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.21%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 82.88%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 207.73%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 128.25%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 278.47%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.25%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.59%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 35.22%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 64.06%
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