Reasons to Move to Maricopa County, AZ
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Maricopa County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Maricopa County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Maricopa County,
Our extensive database in Maricopa County includes 2 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Maricopa County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Maricopa County, AZ
How do you know that living in—or moving to— Maricopa County is the right choice for you? Perhaps you grew up in Maricopa County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Maricopa County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Maricopa County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Maricopa County, .
Phoenix, AZ Foreclosures
How much do homes sell for in Phoenix, AZ?
The average home price is currently $511,132.
In Phoenix, AZ, how many homes are available?
There are currently 2 active home listings available in Phoenix.
What’s the average rental cost in Phoenix, AZ?
The average rental price in Phoenix is $1,485.
What is the most expensive home in Phoenix?
The most expensive home sold in Phoenix had a price of $210,246,096.
What is currently the cheapest priced home in Phoenix, AZ?
The cheapest home for sale in Phoenix is priced at $12,643.
Living in Phoenix, AZ
Phoenix is the capital city of Arizona and is renowned for its year-round sun, warm temperatures, and diverse cultural scene. Living here offers a mix of urban sophistication with ample outdoor activities, including hiking, biking, and golfing. Residents enjoy a rich culinary landscape, vibrant arts communities, and a range of sporting events.
Current Market Conditions in Phoenix, AZ
The Phoenix real estate market has seen a significant increase in home prices over the past year, with a rising demand driven by the influx of new residents relocating to the area. As companies continue to expand in Phoenix, the job market is strong, attracting individuals and families seeking new opportunities.
The current market presents a competitive environment, characterized by low inventory and fast-selling homes. Buyers are encouraged to act quickly when they find a property that meets their needs, as homes in desirable neighborhoods are often sold within days.
Home Value Estimator For Phoenix, AZ
There are currently 375,675 real estate properties
in Phoenix, AZ,
with a median automated valuation model (AVM) price
of $373,918.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Phoenix, AZ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Phoenix, AZ,
is $511,132.00, with the most expensive house
in Phoenix, AZ, topping out
at $210,246,096.00 and the cheapest home
in Phoenix, AZ,
clocking in at $12,643.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phoenix, AZ!
Rent Prices
In Phoenix, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phoenix, AZ, is on
a rollercoaster ride. The
average rent price in Phoenix, AZ,
is $1,485.00. Indeed, when looking to rent in
Phoenix, AZ, you can expect to pay as little
as $460.00 or as much
as $5,780.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Phoenix, AZ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
