What can metro Phoenix homebuyers get for the median home price of $430K?
What homebuyers can find for metro Phoenix’s varies a lot by city.
Buyers can find new houses in that price range on the Valley’s edges in Buckeye and Queen Creek. But in Scottsdale and Gilbert, $430,000 will get you a condominium and not a house. In Phoenix and Mesa, older homes farther out aren’t too hard to find for that figure.
Both home prices and interest rates are down, which could help more Valley homebuyers.