October's First-Time Homebuyer Report for 85307 Zip Code

The 85307 zip code is much older than the rest of Arizona, with a median age of 27. It's affluent as well, with a median income of $47,914 per household. The 85307 zip code market is almost exclusively made up of detached homes, currently accounting for 94% overall. Topping the list of best schools in the zip code is Frank Elementary School.

Price Range

Homes in the 85307 zip code are generally less expensive than others in the state with a median home value of $80,000 and an average list price of $197,246. Over the last 30 days, the 85307 zip code market was healthy with 10 homes sold, an 11.1% increase from last week's report.

Curious as to which homes have been getting the most attention in the 85307 zip code? These listings have stirred up interest and produced the most views:

$169K   $176K   $195K  

Typical Dwelling

A three-bedroom detached home valued around $185,736 is considered a typical dwelling in the 85307 zip code. If a buyer was looking for a similar home, they would need good credit and a $37,147 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $810 and the property tax rate is $7.57 per $1,000 of taxable assessed value.

Get started right now by checking out 85307 homes for sale or reviewing 85307 real estate trends.


Data reported through 10/13/2016

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