Real Estate Market Update for 85142 (Queen Creek, AZ)

Video: Real Estate Community Tour for 85142 (Queen Creek, AZ)

See Real estate community tour for 85142 (Queen Creek, AZ)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 19% from one year earlier, and down 10% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 290-thousand dollars. The number of units sold increased 39% year-over-year, and increased 5% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 85142 (Queen Creek, AZ)
Area Information for 85142 (Queen Creek, AZ)
  • Population: 60,712
  • Median Age: 31.06 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 855/sq mi
  • Population Change Since 2000: 618.62%
  • Closest Airport: Phoenix-mesa Gateway
  • Closest College: Arizonia State University-polytech
  • Closest Jr. College: Chandler-gilbert Community College
  • Median Household Income: $74,337
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $240,000
  • Closest Major Sports Team: Azl Athletics (r)
  • Change Avg. Household Income Since 2000: 34.77%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85142 (Queen Creek, AZ)
Median Age: 31.06 Married: 43% Number of Households: 18,226 Households with Children: 9,280
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85142 (Queen Creek, AZ)

      School Name Distance Type Grades School Rating Parent Rating
      Leading Edge Academy San Tan 0.5 mi Public 6-12 4 0
      Calvary Christian School 1.2 mi Private PRESCHOOL-K 0 0
      Patriot Academy 1.3 mi Public K-8 4 0
      American Leadership Academy - Queen Creek 1.4 mi Public 7-12 4 3
      Newell Barney Middle School 1.4 mi Public 7-8 3 0
      Queen Creek Elementary School 1.7 mi Public PRESCHOOL-5 4 3
      American Leadership Academy queen Creek 1.7 mi Public K-6 4 0
      Leading Edge Academy Mountain View (queen Creek) 1.9 mi Public K-5 3 0
      Happy Valley School East Campus 2.3 mi Public K-6 3 0
      Desert Mountain Elementary School 2.4 mi Public K-5 4 3
      Cambridge Academy East 2.7 mi Public K-8 4 0
      Frances Brandon Pickett Elementary 2.8 mi Public K-5 4 0
      Mountain Vista Middle School 2.9 mi Public 6-8 0 0
      Eduprize School - Queen Creek Campus 3.0 mi Public PRESCHOOL-8 4 0
      Benjamin Franklin Charter School - Power 3.1 mi Public K-6 5 3
      Auxier Elementary 3.2 mi Public PRESCHOOL-6 0 0
      American Leadership Academy San Tan 3.5 mi Public K-6 3 0
      Queen Creek High School 3.5 mi Public 9-12 2 4
      Queen Creek Middle School 3.7 mi Public 6-6 0 0
      Jack Barnes Elementary School 3.7 mi Public K-5 5 3
      Canyon State Academy 3.7 mi Private 6-12 0 0
      Sue Sossaman Early Childhood Development Center 3.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Sossaman Middle School 3.8 mi Public 7-8 5 0
      Benjamin Franklin Charter School - Crismon 3.8 mi Public K-6 5 4
      San Tan Heights Elementary School 3.8 mi Public PRESCHOOL-5 0 0
      Willie & Coy Payne Jr. High School 4.2 mi Public 7-8 4 0
      Cortina Elementary School 4.5 mi Public K-6 5 0
      Benjamin Franklin High School 5.0 mi Public 7-10 4 0
      San Tan Foothills High School 6.2 mi Public 9-12 1 2
      Our Lady Of Guadalupe Academy 827.0 mi Catholic PRESCHOOL-1 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 85142 (Queen Creek, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.