85120, Apache Junction, AZ

Home Equity and Home Prices in the 85120 Zip Code of Apache Junction, AZ

The 85120 zip code of Apache Junction, AZ has a median home value of $128,000. This is higher than the national median home value of $123,500. The average home value in this zip code is also higher than the Arizona median home value of $119,900. This indicates that there are more expensive homes in this zip code than average.

There are a number of factors that could contribute to the high home values in this zip code. Some potential reasons include its proximity to Phoenix and Tucson, as well as its relatively affluent population. Additionally, many homes in this area were built between 2000 and 2010, which may have increased their value due to increased demand from buyers and limited supply.

Despite these factors, not all homes in the 85120 zip code are worth more than their counterparts across the country or statewide. There are a number of neighborhoods within this area that have lower home values due to lower demand or less expensive housing stock. Additionally, while Apache Junction is generally wealthier than other areas of Arizona, it is not an extremely wealthy city by any means. As such, there is still room for price appreciation within the 85120 zip code over time if desired by buyers or sellers.