Queen Creek appreciation rates and housing market information

Queen Creek housing market information

With 4,317 people, 1,306 houses or apartments, and a median cost of homes of $353,864, Queen Creek house prices are not only among the most expensive in Arizona, Queen Creek real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Queen Creek, accounting for 78.94% of the town's housing units. Other types of housing that are prevalent in Queen Creek include and a few mobile homes or trailers (20.29%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Queen Creek. Owner-occupied housing accounts for 86.98% of Queen Creek's homes, and 74.50% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Queen Creek 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 Queen Creek built from 1995 and later (37.06%). A lesser amount of the housing stock also hails from 1940-1969 (6.43%), and some were built from 1939 and earlier (6.43%).

Queen Creek home appreciation rates

In the last 10 years, Queen Creek has experienced some of the highest home appreciation rates of any community in the nation. Queen Creek real estate appreciated 116.77% over the last ten years, which is an average annual home appreciation rate of 11.67%, putting Queen Creek in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Queen Creek definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Queen Creek appreciation rates have trailed the rest of the nation. In the last twelve months, Queen Creek's appreciation rate has been -13.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Queen Creek were at -0.39%, which equates to an annual appreciation rate of -1.56%.

Relative to Arizona, our data show that Queen Creek's latest annual appreciation rate is higher than 24% of the other cities and towns in Arizona.