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How much does 1 acre cost in Arizona?Arizona: Average cost of $4,328 per acre.
Will home prices drop in Phoenix in 2022?According to Zillow's home value index, typical property values in Phoenix-Mesa-Scottsdale Metro grew by 12.8% from Sep 2021 to Sep 2022. Phoenix-area home prices are forecasted to rise by 1.7% between Sep 2022 to Sep 2023.
Will Phoenix housing prices go down?Arizona Housing Market Forecast 2022 & 2023
This trend is likely to continue for the foreseeable future unless inventory grows faster than demand or rising interest rates completely dampens the demand to that extent. Phoenix, AZ home values are forecasted to rise 2.5% between Aug 2022 to Aug 2023.
Is Phoenix a cheap place to live?Rent in the city only costs $1,052 per month, which is on par with the national average. Houses are also inexpensive—they sell for an average of $235,400. With those prices, it's unsurprising that Phoenix was recently named the 13th most affordable city in the country.
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1 acre homes for sale in phoenix az
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