A typical Parker Strip home is worth roughly $221,000
Home prices around Parker Strip have risen about 60% over the past 5 years.
What kind of housing town is Parker Strip?
Read from the numbers below. The page puts what stands out first.
Home prices up 60% in 5 years
The federal house price index for the ZIP code around Parker Strip rose 60% over the past 5 years, faster than across Arizona (55%). Last year prices rose 18%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Parker Strip, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
79% of Parker Strip households own their home
Half of Parker Strip’s homes were built before 1988.
Arizona: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 3.9 years of income
Less than across Arizona (5.2 years). Try your own numbers below.
That covers a typical Parker Strip home, with $17K to spare.
A two-bedroom rents for about $1,220 a month here, $20 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Parker Strip’s typical property tax (0.40% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,220
Renters already here pay a median of $646, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (La Paz County, AZ): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Parker Strip vs. its neighbors
The towns that share a border with Parker Strip. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Parker Strip | $221K* | +17.6%† | $1,220 | $56,806 |
| Cienega Springs | $192K* | +17.6%† | $1,220 | $46,575 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Parker Strip buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.