Living in Fort Thomas, AZ
Fort Thomas, AZ is a charming small town known for its rich history and picturesque landscapes. Surrounded by stunning desert and mountainous landscapes, it offers a serene lifestyle coupled with a strong sense of community. With various outdoor activities and local amenities, Fort Thomas is a hidden gem in Graham County.
Current Market Conditions in Fort Thomas, AZ
The real estate market in Fort Thomas remains stable, with a mix of single-family homes and properties available. The demand for affordable housing has led to steady pricing, with many houses appealing to first-time homebuyers and retirees seeking a quiet lifestyle. Interest in the area is slowly increasing due to its tranquil environment and affordability, which is attracting buyers from larger cities.
In recent months, Fort Thomas has seen a gradual rise in property listings, yet the market remains competitive for well-kept homes. Prices have remained consistent, with some homes gaining value due to enhanced community amenities and the appeal of rural living.
Home Value Estimator For Fort Thomas, AZ
There are currently 36 real estate properties
in Fort Thomas, AZ,
with a median automated valuation model (AVM) price
of $217,089.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fort Thomas, 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 Fort Thomas, AZ,
is $218,499.00, with the most expensive house
in Fort Thomas, AZ, topping out
at $425,199.00 and the cheapest home
in Fort Thomas, AZ,
clocking in at $17,135.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fort Thomas, AZ!
Rent Prices
In Fort Thomas, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fort Thomas, AZ, is on
a rollercoaster ride. The
average rent price in Fort Thomas, AZ,
is $956.00. Indeed, when looking to rent in
Fort Thomas, AZ, you can expect to pay as little
as $580.00 or as much
as $1,540.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Fort Thomas, 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.
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