Palo Verde, AZ Foreclosures
How much do homes sell for in Palo Verde, AZ?
The average home price is currently $456,333.
In Palo Verde, AZ, how many homes are available?
There are currently 18,503 active home listings available in Palo Verde.
What’s the average rental cost in Palo Verde, AZ?
The average rental price in Palo Verde is $1,386.
What is the most expensive home in Palo Verde?
The most expensive home sold in Palo Verde had a price of $1,148,004.
What is currently the cheapest priced home in Palo Verde, AZ?
The cheapest home for sale in Palo Verde is priced at $107,409.
Living in Palo Verde, AZ
Palo Verde, AZ is a charming community nestled in the desert with a warm and inviting atmosphere. The town provides a perfect blend of outdoor activities, quality schools, and convenient access to nearby metropolitan areas. With its local shops and parks, Palo Verde is ideal for families and outdoor enthusiasts alike.
Current Market Conditions in Palo Verde, AZ
The real estate market in Palo Verde has exhibited stable growth over the past year, attracting many buyers looking for tranquil living close to nature. The demand for homes has increased, particularly for single-family houses that offer spacious yards and easy access to outdoor activities. This growing interest is reflected in the inventory levels, which have seen a decrease due to consistent buying activity, leading to competitive offers in the market.
Currently, Palo Verde faces a steady demand with a balanced inventory of homes available. The community is gaining popularity among first-time buyers and families, causing property values to rise steadily. Sellers are taking advantage of the favorable market conditions, resulting in quicker sales than in previous years.
Home Value Estimator For Palo Verde, AZ
There are currently 41 real estate properties
in Palo Verde, AZ,
with a median automated valuation model (AVM) price
of $450,333.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palo Verde, 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 Palo Verde, AZ,
is $456,333.00, with the most expensive house
in Palo Verde, AZ, topping out
at $1,148,004.00 and the cheapest home
in Palo Verde, AZ,
clocking in at $107,409.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palo Verde, AZ!
Rent Prices
In Palo Verde, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palo Verde, AZ, is on
a rollercoaster ride. The
average rent price in Palo Verde, AZ,
is $1,386.00. Indeed, when looking to rent in
Palo Verde, AZ, you can expect to pay as little
as $710.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,420.00. The good news is that finding
an affordable and desirable property to rent in Palo Verde, 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
