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Preforeclosure Homes in Picacho, AZ 85241

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Picacho, AZ Foreclosures

How much do homes sell for in Picacho, AZ?
The average home price is currently $153,473.
What’s the average rental cost in Picacho, AZ?
The average rental price in Picacho is $969.
What is the most expensive home in Picacho?
The most expensive home sold in Picacho had a price of $1,073,670.
What is currently the cheapest priced home in Picacho, AZ?
The cheapest home for sale in Picacho is priced at $21,650.

Living in Picacho, AZ

Picacho is a small community in Arizona known for its stunning desert landscapes and proximity to outdoor activities. With a rich history and a friendly atmosphere, it offers a peaceful living environment surrounded by natural beauty. Residents can enjoy outdoor adventures, local shops, and a close-knit community vibe.

Current Market Conditions in Picacho, AZ

The real estate market in Picacho has shown steady growth over the past year. With the increase of remote work opportunities, more individuals are seeking properties that offer both space and a connection to nature. There has been a noticeable rise in interest among buyers looking for second homes or investment properties in this serene area, leading to a vibrant housing market.

Recently, there has been a slight increase in home prices as inventory remains low, particularly for single-family homes. The demand for affordable housing in this serene locale continues to attract homebuyers from more urban settings, making Picacho an appealing option.

Home Value Estimator For Picacho, AZ

There are currently 95 real estate properties in Picacho, AZ, with a median automated valuation model (AVM) price of $115,399.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Picacho, 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 Picacho, AZ, is $153,473.00, with the most expensive house in Picacho, AZ, topping out at $1,073,670.00 and the cheapest home in Picacho, AZ, clocking in at $21,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Picacho, AZ!

Rent Prices In Picacho, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Picacho, AZ, is on a rollercoaster ride. The average rent price in Picacho, AZ, is $969.00. Indeed, when looking to rent in Picacho, AZ, you can expect to pay as little as $470.00 or as much as $1,740.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Picacho, 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.

Picacho, AZ 85241 Preforeclosure Homes


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