October's First-Time Homebuyer Report for Tonto Basin

Tonto Basin has a much younger population than other areas in Arizona with a median age of 62 years. It is also somewhat affluent with a median income of $34,974 per household. Tonto Basin is made up of homes that are considered relatively old with a median of 26 years. The best school in the city is Dan Hinton Accommodation School.

Price Range

Tonto Basin has some of the more expensive homes in the state with a median home value of $115,800 and a current average list price of $184,460. Yet again, no deals were completed in the Tonto Basin market over the last 30 days. Tonto Basin is used to having 0.2 sales per month.

Typical Dwelling

The typical dwelling in Tonto Basin is a three-bedroom detached home worth about $75,000. To purchase a similar home, a buyer with good credit and a $15,000 cash down payment could obtain a mortgage with a 3.95% interest rate and a $29 monthly payment. The property tax rate is $7.49 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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