Not everyone is looking to live right in the middle of all the action. If you are thinking about moving to Phoenix, and prefer the “burbs”, you will have plenty of areas to choose from. It’s important to keep in mind that the Phoenix Housing market has recovered from the pandemic and housing is in high demand. You can expect an average home price to be around $399,900. So if you find a home that fits you, don’t wait!
Best Suburbs to buy a home in Phoenix
So you decided to move to Phoenix, and dream of living in the suburbs that surround the city. Below are the top 20 Best Suburbs to buy, according to Niche.com. The list was build based on home values, home ownership, property taxes, housing costs and all around real estate trends.
- Litchfield Park
- Apache Junction
- Queen Creek
- Sun City West
- Citrus Park
A few things to keep in mind
The Phoenix Housing market is extremely competitive. We suggest working with an experienced real estate professional. They know the market and go to work for you! Here are a few facts to know about the Phoenix Housing Market:
- In July 2021, the median selling price for a home in Phoenix jumped to $395,000. This is a 29.5% increase from 2020.
- Phoenix homes sell in just 25 days or less.
- In July, 2,421 homes sold.
- Each home receives on average SIX (6) offers
- The average selling price increased 28.3% to $385,000
What to expect in the future
According to real estate experts, the price of Phoenix area homes is expected to continue to rise. With a month worth of inventory, newcomers need to be patient and aggressive at the same time. The market is considered to be in the sellers favor. Find a realtor you trust and start looking for your Phoenix dream home.
For the complete list of Top Suburbs by Niche.com, click here.