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Affordable Apache Junction area led metro Phoenix for home price gains

Home prices in the Apache Junction area surged more in the second quarter of this year than anywhere else in the Phoenix metropolitan area, but it remains the most affordable area in the Valley.

In the Maricopa County portion of zip code 85120 in the East Valley in the shadow of the Superstition Mountains, median home prices rose nearly 125% in April, May, and June.

The median price in the region, which had 18 sales, rose to $212,500, according to the Arizona Regional Multiple Listing Service.

That’s less than half of the $443,000 median for metropolitan Phoenix.

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