Zip 85248 (Chandler, AZ) Housing

Housing in the 85248 Chandler, AZ area is on the rise. The median home value is $545,000, which is significantly higher than the US median home value of $338,100. In addition to this significant difference in price, the appreciation rate for homes in this area over the last year has been 9.87%, much higher than the 8.27% at a nationwide level. This market trend indicates that housing in 85248 Chandler, AZ is a great investment opportunity.

The median home cost in Chandler (zip 85248) is $545,000. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Chandler (zip 85248) is up 21.6%.

Average Age of Homes

- The median age of Chandler (zip 85248) real estate is 21 years old

The Rental Market in Chandler (zip 85248)

- Renters make up 15.5% of the Chandler (zip 85248) population
- 1.1% of houses and apartments in Chandler (zip 85248), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chandler, Arizona	United States
	19,679.0	139,647,020.0
	25	42
	$545,000	$338,100
	21.6%	16.6%
	91.8%	57.0%
	199.6%	101.1%
	$7.01	$10.98
	$2,561	$2,690
	68.2%	57.4%
	12.0%	11.2%
	19.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.5%	0.4%
	8.8%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.5%	3.9%
	0.8%	4.5%
	2.9%	11.3%
	6.3%	13.0%
	19.0%	20.1%
	28.8%	13.6%
	18.2%	8.3%
	16.6%	9.7%
	4.1%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	23.3%	13.6%
	23.3%	13.6%
	36.0%	13.6%
	18.6%	13.2%
	8.2%	14.8%
	36.0%	13.6%
	0.1%	10.0%
	0.2%	4.7%
	0.1%	12.2%

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