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If you have been discouraged by the current housing marketing, you are not alone. That's why many people are considering purchasing a foreclosed home as a viable path to homeownership. In Glendale, AZ, there are some fantastic foreclosed home options available.
The average homes sell for about 3% below list price and go pending in around 52 days. Work with a top Glendale real estate agent to figure out the best selling strategy and start bidding wars on your home. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country. The average homes sell for around list price and go pending in around 40 days. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Here are the 10 worst suburbs around Glendale for 2022:
For a simple, stress-free transaction, consider selling to pre-approved iBuyers ready to make offers on your home. Get cash offers with HomeLight Simple Sale, the fastest way to sell your home. 80% of Glendale homebuyers searched to stay within the Glendale metropolitan area.
To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Read on below to learn more about what it's like to live in the worst of the worst. Or skip to the end to see the list of all the suburbs ranked from worst to best.
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS
Discover and understand more about what you can expect for Glendale, AZ in terms of weather, education levels, income levels and more to get a better feel for the city. The most prevalent building size and type in Glendale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.89% owning and 45.11% renting. The median home price in Glendale is $370,000 with a median price per sqft of $218.
All snarkiness aside, Lynwood has the 7th lowest home values in the metro Glendale area, where the median price is $422,200. To put that into perspective, in Hermosa Beach, the median income is $250,001, which is the best in the area. The average overall walking score of neighborhoods in Glendale, AZ is 1.6 which means it is less easy to walk to nearby businesses and points of interest. Since it is less easy to get around town in Glendale, AZ a bike or car will be helpful. The predominate size of homes in the city based on the number of bedrooms.
Neighborhood Housing Markets
And finally, we crowned the city with the worst quality of life index the "Worst Suburb near Glendale." We're lookin' at you, Huntington Park. Back up the highway we go for the third worst Glendale suburb you can live in. While the cost of living is low, your entertainment and work options are limited.
Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages.
What you can do with these insights
Appreciation rates are so strong in Glendale that despite a nationwide downturn in the housing market, Glendale real estate has continued to appreciate in value faster than most communities. Based on the last twelve months, short-term real estate investors have found good fortune in Glendale. Glendale appreciation rates in the latest quarter were at 4.40%, which equates to an annual appreciation rate of 18.79%. Recently sold homes in Glendale, AZ had a median listing home price of $427,000.
According to C2ER , the cost of living in Glendale is estimated to be 92.1% of the national average making it an average US city. Are you planning a move to Glendale, AZ and wondering if it is an expensive place to live in? The average homes sell for about 1% below list price and go pending in around 41 days.
Total monthly expenditure you can expect to incur depends on the cost of housing, food, utilities, transportation, healthcare, other miscellaneous goods and services. Note that your household composition and home ownership status (renting vs. owning) might affect your monthly expenses. Explore how many homes are likely to flood in nearby cities, compared to . Flood risk in Glendale is increasing slower than the national average. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas.
Homes in Glendale receive 2 offers on average and sell in around 51.5 days. The average sale price of a home in Glendale was $390K last month, down 1.8% since last year. The average sale price per square foot in Glendale is $245, up 7.5% since last year.
ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Of the total homes in Glendale, AZ75% are for sale,25% are for rent, and81% are single family homes.
Next, we averaged the rankings for each place to create a quality of life index. To figure out how bad a place is to live in, we only needed to know what kinds of things people like and then decide what cities have the least amount of those things. If you absolutely have to live near Glendale, then Maywood might be a place for you to consider as it's only the 9th worst Glendale suburb. Income levels here are the 14th lowest in the metro area, where families bring in about $58,703 a year, which doesn't go a long ways even on a shoestring budget. We'll get the ball rolling with Huntington Park, the absolute worst place to live around Glendale according to the data. Of course, not all suburbs of Glendale are created equally, which is precisely why we set out to find the best ones..
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