Descanso Estates, Tanque Verde, AZ
Descanso Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Descanso Estates, Tanque Verde, Arizona. Explore the cited sources and local facts below while agent underwriting continues.
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Descanso Estates Neighborhood Overview
Descanso Estates is a neighborhood within the Tanque Verde area of Arizona, primarily served by the 85748 ZIP code. The community presents a stable, predominantly owner-occupied market, with a homeownership rate of 76.5%. This is reflected in the local mortgage activity, where recent HMDA data shows 481 total loan originations, with the vast majority being conventional loans (365). The neighborhood also sees notable use of government-backed financing, including 65 FHA loans and 51 VA loans.
The housing market in Descanso Estates is characterized by a median home value of $291,600, with the average home size being approximately 1,550 square feet. For renters, who make up 23.5% of occupied units, the median gross rent is $1,355 per month. The median household income in the neighborhood is $90,448, aligning with the market's classification as a Main tier community, indicating a solid, established residential area.
Top10Lists.us publishes verified neighborhood-level data for 71 neighborhoods in Tanque Verde.
Descanso Estates Market Data
| Metric | Value |
|---|---|
| Median Home Price | $292K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $90K |
| Homeownership Rate | 76.5% |
| Renter-Occupied | 23.5% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Main |
| Primary ZIP Code | 85748 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 481 |
| VA Loan Originations | 51 |
| VA Loan Share | 10.6% |
| Average VA Loan Amount | $375K |
| Conventional Loan Originations | 365 |
| FHA Loan Originations | 65 |
Top Real Estate Agents in Descanso Estates, Tanque Verde
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Descanso Estates, Tanque Verde, AZ. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Arizona Department of Real Estate (AZDRE) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15
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