The housing market in Mohave Valley, AZ is performing quite well compared to the US as a whole. The median value of homes in the area is $278,000, which is significantly lower than the US average of $338,100. This lower cost can be attractive for many buyers looking for affordable housing options. The 1 year house appreciation rate in Mohave Valley, AZ has been strong at 10.09%, far higher than the US average of 8.27%. This can be an attractive market for buyers and sellers alike who are looking to achieve greater returns on their investments or find more affordable housing opportunities.
The median home cost in Mohave Valley is $278,000. Home appreciation the last 10 years has been 181.9%. Home Appreciation in Mohave Valley is up 19.3%.
Average Age of Homes
- The median age of Mohave Valley real estate is 26 years old
The Rental Market in Mohave Valley
- Renters make up 25.0% of the Mohave Valley population
- 0.0% of houses and apartments in Mohave Valley, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.