Eagar, Arizona Real Estate & Housing Market

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Eagar Housing Information

Index	Eagar	Arizona	National
Median home price	$162,500	$176,900	$184,700
Median rent asked	$777	$937	$949
Avg. people per household	3.4	2.7	2.6
Owner occupied households	79.4%	62.6%	63.6%
Renter occupied households	20.6%	37.4%	36.4%

A general summary of the real estate market in Eagar, AZ is listed above. Properties in Eagar, AZ average a cost of $162,500, which is 8% lower than the median home price for real estate located in Arizona. This means that the region of Eagar, AZ is, on average, more affordable when compared to the remainder of Arizona. Since tenants living in Eagar, AZ will pay an average of $777, the median rental cost is 17% lower than in Arizona. 79.4% of people in Eagar, AZ own their own homes, and an average of 3.4 people inhabit each property. Eagar, AZ has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Eagar Home Affordability

When starting your search for real estate in Eagar, AZ, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Eagar, AZ costs $162,500 while each household has an average income of $58,321. Consequently, the ratio of home price to household income is 2.8x; this ratio is 19% lower than the average in Arizona. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Eagar, AZ. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Eagar, AZ.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Greer, AZ	42	$0	100%
Nutrioso, AZ	65	$0	100%
Springerville, AZ	1,728	$123,000	33%
Eagar, AZ	4,943	$162,500	12%

Cities with similar population

City, State	Population	Home Price	National Avg.
Fairfield, IL	4,944	$60,700	67%
Chester, MD	4,944	$307,000	66%
Needles, CA	4,945	$83,300	55%
Flora, IL	4,940	$71,300	61%
Medina, TX	4,947	$48,500	74%
Eagar, AZ	4,943	$162,500	12%

Source: The Eagar, AZ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).