Peoria, Chandler and Gilbert Arizona: The BEST cities for first time home buyers

Three Arizona cities made the top 20 list of the best locations for first time home buyers. Wallethub.com conducted a study that compared 300 cities across the nation on three indicators: market attractiveness, affordability, and quality of life. Peoria ranked seventh, while Chandler ranked twelfth, and Gilbert sixteenth. The 27 indicators used to rank cities included variables such as cost of living, real estate taxes and property crime rate. In comparing only large cities, Phoenicians can be proud to learn that Phoenix hit the top ten, ranking ninth, just behind Denver Colorado. Not bad for a desert locale.

About 50 percent of my clientele are first time home buyers and while our inventory in metropolitan Phoenix remains low, they are finding nice, affordable homes. Many are venturing into real estate with the intention of moving up into progressively nicer and/or larger homes while keeping that first single family, condo or town home as a rental property. It’s a great way to start building a real estate portfolio with the goal of having a nice chunk of passive income in retirement. And if Peoria, Chandler, or Gilbert are out of reach price wise for a first time home buyer, the potential for success in cities like Queen Creek, San Tan Valley, Laveen or Buckeye provides greater opportunities for getting into the housing market. Granted, they didn’t make the list of best OR worst cities for first time home buyers, very likely due to the fact that those cities were not ranked. For more information about affordable homes, or making the transition from renting to home ownership, give us a call. We’re happy to consult.

And for those of you interested in one of the 3 Arizona cities that made the top 20, click the link below to explore homes in Peoria, Chandler and Gilbert Arizona.

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4209 E Cynthia Street, Gilbert 85295, Cooley Station

  • $555,000
  • Bedrooms: 5, Baths: 4
  • Home size: 4,350
  • Lot size: 7,680
  • Year built: 2018
  • MLS #: 5933008
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1382 W Roadrunner Drive, Chandler 85286, Clemente Ranch Parcel 9A

  • $330,000
  • Bedrooms: 3, Baths: 2
  • Home size: 1,647
  • Lot size: 6,826
  • Year built: 1998
  • MLS #: 5943280
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3636 E Vest Avenue, Gilbert 85295, Cooley Station Parcel 15 Phase 1

  • $375,000
  • Bedrooms: 5, Baths: 3
  • Home size: 2,512
  • Lot size: 3,760
  • Year built: 2016
  • MLS #: 5953130
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13413 N 77th Drive, Peoria 85381, Steeple Hill Amd

  • $320,000
  • Bedrooms: 4, Baths: 2
  • Home size: 1,828
  • Lot size: 8,000
  • Year built: 1996
  • MLS #: 5953133
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5461 W Saragosa Street, Chandler 85226, Monte Vista NO 37

  • $359,500
  • Bedrooms: 4, Baths: 2
  • Home size: 2,064
  • Lot size: 8,054
  • Year built: 1994
  • MLS #: 5909554
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1295 N Ash Street, Gilbert 85233, Ikon Hayfield Condominium

  • $167,500
  • Bedrooms: 2, Baths: 2
  • Home size: 947
  • Lot size: 1,007
  • Year built: 1996
  • MLS #: 5953122
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1622 W Kaibab Drive, Chandler 85248, Laguna Cove AT Ocotillo

  • $689,000
  • Bedrooms: 5, Baths: 3
  • Home size: 3,716
  • Lot size: 10,335
  • Year built: 2002
  • MLS #: 5905881
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32272 N 128th Avenue, Peoria 85383, Vistancia

  • $360,000
  • Bedrooms: 3, Baths: 2
  • Home size: 1,841
  • Lot size: 7,167
  • Year built: 2016
  • MLS #: 5943232
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1028 W Chilton Avenue, Gilbert 85233, Summer Meadows

  • $299,000
  • Bedrooms: 3, Baths: 2
  • Home size: 1,620
  • Lot size: 8,272
  • Year built: 1999
  • MLS #: 5953128
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8030 N 104th Drive, Peoria 85345, Country Meadows Unit 4 Lot 602

  • $225,000
  • Bedrooms: 3, Baths: 1.75
  • Home size: 1,243
  • Lot size: 14,022
  • Year built: 1979
  • MLS #: 5952774
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2209 S Banning Street, Gilbert 85295, Crossroads

  • $310,000
  • Bedrooms: 4, Baths: 2
  • Home size: 1,647
  • Lot size: 11,240
  • Year built: 2000
  • MLS #: 5933369
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13636 W Chaparosa Way, Peoria 85383, Vistancia Village A Parcel G3

  • $323,500
  • Bedrooms: 3, Baths: 2.5
  • Home size: 2,344
  • Lot size: 5,828
  • Year built: 2007
  • MLS #: 5946056
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30 S Equestrian Court, Gilbert 85296, Equestrian Estates AT Finley Farms

  • $740,000
  • Bedrooms: 4, Baths: 2.5
  • Home size: 3,862
  • Lot size: 47,228
  • Year built: 1998
  • MLS #: 5929307
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1874 E Crescent Way, Chandler 85249, Calabria

  • $580,000
  • Bedrooms: 4, Baths: 4
  • Home size: 3,490
  • Lot size: 7,590
  • Year built: 2016
  • MLS #: 5941744
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2171 N Illinois Street, Chandler 85225, Arborlane 2

  • $305,000
  • Bedrooms: 3, Baths: 2.5
  • Home size: 1,622
  • Lot size: 4,091
  • Year built: 2004
  • MLS #: 5945848
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ARMLS Listing Data last updated 7/17/2019 12:06 AM MST.

 

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