Phoenix, AZ Real Estate
According to census data in the year 2000 there were 495,793 housing units in Phoenix.
This represents a 17.5% growth from 422,036 in 1990.
Of those housing units, 493,926 were located in either urbanized areas or urban clusters, and 1,867 were located in what is classified as a rural area.
Homeownership rate in Phoenix is about 60.7%.
Phoenix's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Phoenix were built after 1977.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.91|
|Median year structure was built||1976|
|Median Value of occupied units||$112,600|
|Median Price asked for vacant units||$107,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1978|
|Median Monthly Rent asked for vacant units||$615|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||8.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.2%|