Can You Really Afford The Average Arizona Home On A 50K Salary?

 

Via 12news.com

The housing market has seen rates increase this year leaving us to wonder how this impacts the median income for a potential home buyer in Arizona.

Phoenix continues to drop on the list of most affordable places to live, now ranking as the 19th least expensive metro area in the United States.

Despite that, experts say you only need to make about $50,000 to buy an average-priced home in the Valley. Holly Henbest, a real estate agent, says the average price of a home in Arizona this month is $244,000.

 

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