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Donovan Estates

Learn about the people, housing, costs and businesses in Donovan Estates, Arizona

Median Home$201,900
Median Rent$998/month
Population1,286
Leading IndustriesFinance & Insurance · Wholesale Trade · Information & Media9% finance & insurance
Home Value Growth⬆⬆⬆+24.4% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners76% of occupied units
Donovan Estates
AZ

Frequently Asked Questions

What are today's mortgage rates in Donovan Estates?

As of today, the 30-year fixed mortgage rate for Donovan Estates is approximately 6.987% (7.029% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Donovan Estates?

The median home value in Donovan Estates is $202k. The median monthly rent is $998. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Donovan Estates?

Home values in Donovan Estates have increased 24.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Donovan Estates?

Based on a typical all-in ownership cost of $597/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Donovan Estates is $74k/year.

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What industries drive the economy in Donovan Estates?

The largest employment sectors in Donovan Estates are public administration (23%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.