85924, Concho, AZ

The Concho, AZ 85924 zip code has a population of approximately 2,000 people. The median household income in the 85924 zip code is $51,500. The median home value in the 85924 zip code is $135,000.

The average home equity in the 85924 zip code is $92,000. The average home price in the 85924 zip code has increased by 10% over the past year. Over the past five years, the average home price has increased by 20%.

There are a number of factors that have contributed to this increase in home prices in the 85924 zip code. One reason is that there are a limited number of homes available for sale in this area and buyers are willing to pay a higher price for these homes. Additionally, Concho is located within close proximity to several major cities such as Phoenix and Tucson which have been experiencing an influx of new residents and businesses over recent years. This has led to an increase in demand for housing and property values within these cities. Finally, Concho is located within a desirable area with plenty of amenities such as schools and recreational facilities which also contributes to rising home values.