With more people moving to Maricopa County than any other county in the U.S. in 2017, here’s a look at some of the hottest ZIP codes in the Valley …
What’s Hot
According to real estate website Zillow, the median home value in Metro Phoenix is $249,300 as of February 2018. That’s a 7.6 percent increase over the prior 12 months. According to Zillow, here are the Valley cities that saw the greatest home value appreciation in 2017:
- Buckeye – 10.2%
- El Mirage – 10.1%
- Sun City West – 10.1%
- Sun City – 9.7%
- Phoenix – 9.4%
What’s Not So Hot
Here are the Valley cities with the largest percentage of homes underwater – meaning homeowners owe more than what the home is worth. However, these numbers don’t look so bad compared to 2011 when nearly 50 percent of Valley homeowners had negative equity.
- Maricopa – 14.6%
- Casa Grande – 14.1%
- Avondale – 12.7%
- Goodyear – 12.0%
