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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Apache Junction, AZ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Apache Junction, AZ Housing Market Trends

With 40,173 people, 17,914 houses or apartments, and a median cost of homes of $250,588, Apache Junction real estate and house prices are near the national average for all cities and towns.

Mobile homes or trailers are the single most common housing type in Apache Junction, accounting for 46.34% of the city's housing units. Other types of housing that are prevalent in Apache Junction include single-family detached homes ( 39.32%), large apartment complexes or high rise apartments ( 6.06%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.19%).

Dwellings in Apache Junction tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 62.11% of the homes in Apache Junction have two or fewer bedrooms.

There is a lot of housing in Apache Junction built from 1970 to 1999 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 Apache Junction built between 2000 and later ( 28.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.05%).

Vacant housing appears to be an issue in Apache Junction. Fully 18.89% of the housing stock is classified as vacant. Left unchecked, vacant Apache Junction homes and apartments can be a drag on the real estate market, holding Apache Junction real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Apache Junction Home Appreciation Rates

In the last 10 years, Apache Junction has experienced some of the highest home appreciation rates of any community in the nation. Apache Junction real estate appreciated 160.47% over the last ten years, which is an average annual home appreciation rate of 10.05%, putting Apache Junction in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Apache Junction 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, Apache Junction appreciation rates have trailed the rest of the nation. In the last twelve months, Apache Junction's appreciation rate has been -2.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Apache Junction were at 0.45%, which equates to an annual appreciation rate of 1.81%.

Relative to Arizona, our data show that Apache Junction's latest annual appreciation rate is lower than 90% 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 Apache Junction differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Apache Junction - 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 2000, to assist you in making the best Apache Junction real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$250,588

Apache Junction, AZ Home Prices
> $1,327,000
$995,001 - $1,327,000
$664,001 - $995,000
$531,001 - $664,000
$398,001 - $531,000
$266,001 - $398,000
$133,001 - $266,000
$66,001 - $133,000
$0 - $66,000
0.6%
0.6%
0.5%
0.5%
1.9%
1.9%
4.7%
4.7%
14.4%
14.4%
23.9%
23.9%
21.2%
21.2%
9.2%
9.2%
23.7%
23.7%
0% 100.0%
% of Homes
Average

for Arizona

Average

for nation

Number of Homes And Apartments:

17,914

Apache Junction Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,544 / per month

Homeownership Rate

Owners
Renters
77.3%
77.3%
22.7%
22.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
18.9%
18.9%
81.1%
81.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
28.5%
28.5%
63.0%
63.0%
8.0%
8.0%
0.5%
0.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
39.3%
39.3%
0.8%
0.8%
4.2%
4.2%
6.1%
6.1%
46.3%
46.3%
3.2%
3.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.9%
1.9%
29.8%
29.8%
30.5%
30.5%
28.3%
28.3%
8.8%
8.8%
0.7%
0.7%
0% 100.0%
% of Homes