Elfrida, AZ Foreclosures
How much do homes sell for in Elfrida, AZ?
The average home price is currently $198,236.
In Elfrida, AZ, how many homes are available?
There are currently 69 active home listings available in Elfrida.
What’s the average rental cost in Elfrida, AZ?
The average rental price in Elfrida is $1,067.
What is the most expensive home in Elfrida?
The most expensive home sold in Elfrida had a price of $3,669,666.
What is currently the cheapest priced home in Elfrida, AZ?
The cheapest home for sale in Elfrida is priced at $12,657.
Living in Elfrida, AZ
Elfrida, AZ is a serene rural community located in Cochise County, ideal for those seeking a quieter lifestyle. This small town offers a friendly environment, beautiful desert landscapes, and a range of local amenities. Residents can enjoy outdoor activities while being conveniently close to larger towns for additional services.
Current Market Conditions in Elfrida, AZ
Currently, the real estate market in Elfrida, AZ, is experiencing steady interest from home buyers looking for affordable housing options. The market has seen an increase in demand due to its attractive prices compared to larger urban areas. Many buyers are drawn to the space available and the potential for investment in a growing rural market. However, inventory remains limited, keeping prices stable especially for charming single-family homes.
In recent months, a trend has developed where properties are selling within short periods of being listed, indicating a competitive market. The area appeals particularly to first-time buyers and those seeking investment opportunities, contributing to a vibrant market dynamic. As urban areas become more congested, areas like Elfrida are gaining traction for their affordability and quality of life.
Home Value Estimator For Elfrida, AZ
There are currently 379 real estate properties
in Elfrida, AZ,
with a median automated valuation model (AVM) price
of $156,741.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elfrida, 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 Elfrida, AZ,
is $198,236.00, with the most expensive house
in Elfrida, AZ, topping out
at $3,669,666.00 and the cheapest home
in Elfrida, AZ,
clocking in at $12,657.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elfrida, AZ!
Rent Prices
In Elfrida, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elfrida, AZ, is on
a rollercoaster ride. The
average rent price in Elfrida, AZ,
is $1,067.00. Indeed, when looking to rent in
Elfrida, AZ, you can expect to pay as little
as $510.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Elfrida, 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
