Chandler appreciation rates and housing market information

Chandler housing market information

With a population of 176,338, 66,634 total housing units (homes and apartments), and a median house value of $265,755, Chandler real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Chandler, accounting for 70.86% of the city's housing units. Other types of housing that are prevalent in Chandler include large apartment complexes or high rise apartments (16.90%), row houses and other attached homes (5.39%), duplexes, homes converted to apartments, or other small apartment buildings (3.61%), and a few mobile homes or trailers (3.10%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Chandler. Owner-occupied housing accounts for 68.79% of Chandler's homes, and 61.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chandler built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Chandler built from 1995 and later (34.41%). A lesser amount of the housing stock also hails from 1940-1969 (5.34%), and some were built from 1939 and earlier (5.34%).

Chandler home appreciation rates

Appreciation rates for homes in Chandler have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 80.09%, which ranks in the top 40% nationwide. This equates to an annual average Chandler house appreciation rate of 8.00%.

Over the last year, Chandler appreciation rates have trailed the rest of the nation. In the last twelve months, Chandler's appreciation rate has been -17.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chandler were at -1.31%, which equates to an annual appreciation rate of -5.24%.

Notably, Chandler's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Arizona, our data show that Chandler's latest annual appreciation rate is higher than 13% of the other cities and towns in Arizona.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Chandler differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chandler - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Chandler real estate investment or home purchase decisions.