86326, Cottonwood, AZ

Cottonwood, AZ is located in the Phoenix metropolitan area. The 86326 zip code has a population of approximately 34,000 people. Cottonwood is a suburban community located in the eastern part of the Phoenix metropolitan area. Home prices in Cottonwood have increased significantly over the past few years and are now among the highest in the Phoenix metropolitan area.

The median home price in Cottonwood was $269,900 as of September 2017. This represents an increase of 116% from $128,500 as of September 2016. The average home price in Cottonwood has also increased significantly over this time period, rising from $158,700 as of September 2016 to $269,900 as of September 2017. This represents an increase of 131% from $81,200 as of September 2016.

The reason for this significant increase in home prices is likely due to several factors. First and foremost, Cottonwood is located within close proximity to many high-demand areas such as Scottsdale and Paradise Valley. Additionally, Cottonwood has been experiencing strong growth rates since it was first developed several decades ago and has seen limited supply since then which has driven up prices even further. Finally, Cottonwood is a well-maintained community with excellent schools and amenities which continue to attract buyers and sellers alike.