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Fountain Hills real estate appreciated 115.22% over the last ten years, which is an average annual home appreciation rate of 7.97%, putting Fountain Hills in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fountain Hills definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Fully 17.60% of the housing stock is classified as vacant. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Click on the risks below to learn which exist in Fountain Hills today and how they’ll change by 2050. Of homes in Fountain Hills are required to have flood insurance. 74% of Fountain Hills homebuyers searched to stay within the Fountain Hills metropolitan area. Los Angeles homebuyers searched to move into Fountain Hills more than any other metro followed by Seattle and Tucson.
Fountain Hills Housing Market Trends
The locals here like to get together every once in a while for an event that welcomes the whole community. The Fountain Hills Great Fair occurs every February for three days. There is also the Fountain Hills Festival of Arts and Crafts every November, which also celebrates local artwork.
14458 N FOUNTAIN HILLS Blvd has been listed on Redfin for 133 days since August 02, 2022. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Discover and understand more about what you can expect for Fountain Hills, AZ in terms of weather, education levels, income levels and more to get a better feel for the city. The main attraction here is Fountain Park, which features a lake with a fountain that sprays water into the air every hour. Just down the street is SunRidge Canyon Golf Club if you want to play a round of golf. Rent to own homes offer low monthly payments and flexible terms.
Nearby City Listings
The predominate size of homes in the city based on the number of bedrooms. Homes include single family houses as well as apartment and condominium units. By providing this information, Redfin and its agents are not providing advice or guidance on flood risk, flood insurance, or other climate risks. Redfin strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.
Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Can sell for around list price and go pending in around 20 days. Can sell for around list price and go pending in around 27 days. Can sell for around list price and go pending in around 25 days.
Storm Risk
To verify school enrollment eligibility, contact the school district directly. The average overall walking score of neighborhoods in Fountain Hills, AZ is 0.3 which means it is a little more difficult to walk to nearby businesses and points of interest. Since it is a little more difficult to get around town in Fountain Hills, AZ you will definitely need a bike or car to get around.
These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates.
Homes For Sale By Bedroom Count
These scores will help you compare the best schools in Fountain Hills. Save this search to get email alerts when listings hit the market. While the Fountain gets a lot of attention, Fountain Hills is much more. Its just far enough to provide peace and tranquility and close enough to Scottsdale and freeways that is a good choice for those who want both. There are views from nearly every place you stand in town!
Developed in 1970, Fountain Hills has grown to become a unique master-planned community, known for its incredible views and one of the world's tallest man-made fountains. Marvel at sumptuous rim-side estates, lavish custom homes and ravishing ready-to-build home-sites that exist in gracious harmony with the town’s stylishly upscale developments. Work with a top Fountain Hills real estate agent to figure out the best selling strategy and start bidding wars on your home. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country. Homes in Fountain Hills are staying on the market for 0 days on average.
In Fountain Hills, AZ, there are some fantastic foreclosed home options available. If you have been finding it difficult to find a home in your price range in Fountain Hills while saving for a down payment, a foreclosed home could be just the option for you. Foreclosed homes offer the opportunity to get into a home at a reduced price in exchange for potentially needing to make repairs and otherwise fix up the home. Repairs may not always be necessary but it should be anticipated. Below are a variety of homes either in some type of foreclosure or pre-foreclosure status. When you start looking for a home in Fountain Hills, you shouldn't have much trouble, because the vacancy rate is about 21%.
Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home. Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing. Relative to Arizona, our data show that Fountain Hills's latest annual appreciation rate is lower than 60% of the other cities and towns in Arizona. When you become a homeowner, you have to worry about paying property taxes.
There were 44 homes sold in October this year, down from 69 last year. If you have been discouraged by the current housing marketing, you are not alone. That's why many people are considering purchasing a foreclosed home as a viable path to homeownership.
When you buy in Fountain Hills, you can rest assured that this expense will be low, at just $8 for every $1000 of home value. If you want to live near a golf course, check out homes around Sunridge Drive and Desert Canyon Drive. If you prefer to live near the major park here, stick to North Saguaro Boulevard and East El Lago Boulevard. Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis. To approximate the cost of living and the housing affordability in Fountain Hills, AZ, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio . To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts.
In Fountain Hills, the inventory of 90 experienced a 3% relisting. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America.
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