Nogales Metro Area, AZ Housing

The housing market in the Nogales, AZ Metro Area is thriving. The median value of homes in the area is $253,600, much lower than the US median value of $338,100. Despite this lower average value, homes in the region have seen an appreciation rate of 11.29% over the last year, a rate which exceeds that of the US as a whole at 8.27%. This indicates that despite having a lower median purchase price than the national average, homes in Nogales are experiencing significant growth and should continue to be attractive investments for homebuyers looking for a stable market with strong returns on their investment.

The median home cost in Nogales Metro Area is $253,600. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Nogales Metro Area is up 18.2%.

Average Age of Homes

- The median age of Nogales Metro Area real estate is 30 years old

The Rental Market in Nogales Metro Area

- Renters make up 30.0% of the Nogales Metro Area population
- 2.5% of houses and apartments in Nogales Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Nogales, Arizona	United States
	18,677.0	139,647,020.0
	34	42
	$253,600	$338,100
	18.2%	16.6%
	71.5%	57.0%
	88.3%	101.1%
	$7.51	$10.98
	$1,243	$2,690
	59.2%	57.4%
	12.0%	11.2%
	28.7%	31.4%
Vacant Housing
	2.5%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.8%	0.4%
	3.9%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.8%	2.4%
	1.9%	2.8%
	3.1%	3.9%
	8.1%	4.5%
	25.5%	11.3%
	22.3%	13.0%
	18.2%	20.1%
	6.2%	13.6%
	4.1%	8.3%
	5.1%	9.7%
	1.3%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	20.4%	13.6%
	20.4%	13.6%
	20.2%	13.6%
	17.2%	13.2%
	20.0%	14.8%
	20.2%	13.6%
	5.3%	10.0%
	1.3%	4.7%
	4.1%	12.2%

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