The housing market in Yuma, AZ Metro Area is thriving. The median value of a home in the area is $253,600 which is significantly lower than the US median house value of $338,100. Over the last year, house appreciation in the area has been 12.20%, higher than the 8.27% seen nationally over the same period. This shows that home values are continuing to increase in Yuma and it's a great time for buyers and sellers looking to take advantage of this market trend.
The median home cost in Yuma Metro Area is $253,600. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Yuma Metro Area is up 21.9%.
Average Age of Homes
- The median age of Yuma Metro Area real estate is 25 years old
The Rental Market in Yuma Metro Area
- Renters make up 24.2% of the Yuma Metro Area population
- 1.6% of houses and apartments in Yuma 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.