Benefits of Buying a Home In El Mirage
El Mirage homes are in some of the up and coming neighborhoods in the metropolitan Phoenix area. Between the brand new family homes to the large lots with renovated backyards, the city of El Mirage has it all. Its nearness to the other cities in the Valley, yet seclusion from many neighborhoods provide the residents of El Mirage with a ‘small town’ community full of places to eat and shop (not to mention, access to a wide variety of schools). Now for some need-to-know facts from our Century 21 Northwest realty team about buying a home in El Mirage…
Buying a Home in El Mirage & Area Statistics
- About 410 homes were sold in El Mirage so far this year (2014).
- The average home value index is $130,000, with the median list price at $135,000 and the median sale price around $128,000, which is over 7.4% higher than sales last year.
- About 93% of the neighborhoods are filled with single family homes. The other 7% live in apartments or alternative forms of housing.
- The main kinds of people who live in El Mirage are retirees and single-income families.
- The mortgage rate for the area is about 4% (extremely close to the national average).
- The market value is set to increase by about 3.8% in the next year!
After the late market crash, the Arizona home market has been on the rise. It is a Buyer’s Market in El Mirage this year! Buying a home in El Mirage has become an extremely lucrative investment, for both large families and single people! At around 4.00% in the summer of 2014, the mortgage rate in Arizona is very close to the national rate of 3.98%, which makes now the right time to consider buying a home.
Buying a Home in El Mirage & Excellent Schools
Let’s talk schools. Whether your kids are blossoming academics or rugged athletes, El Mirage has access to the schools districts of Dysart Unified District, Paragon Management, Inc., and Success School District. We recommend checking out the highest rated schools in the area before choosing a section of El Mirage to call home.
Buying a Home in El Mirage Neighborhood Perks
We find that one of the reasons buyers look at El Mirage is the affordability of new homes and close-knit, family-oriented neighborhoods; since 2000, the population has grown over 300%. A big nearby attraction is the Agua Fria River that feeds into the Lake Pleasant White Tanks Mountain Regional Park. Other close activities include the Challenger Space Center (Peoria) and the Wildlife World Zoo (Surprise). The access to Surprise, Peoria, and Phoenix amenities only increase the value of your home.
Thinking of Buying a Home in El Mirage AZ?
When buying a home in El Mirage, our C21 team recommends looking for deals in the Arizona Brisas, Rancho El Mirage, and Parque Verde neighborhoods. There are a variety of housing options for any budget in these areas. Be sure to explore these locations when you consider buying a home in El Mirage. Century 21 Northwest agents are standing by to answer any questions! Give us a call today and let’s get started finding your home! 623.299.2148!
To see a list of all the listings for buying a home in El Mirage, click here.