Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 13,911, 5,731 total housing units (homes and apartments), and a median house value of $520,429, Chino Valley real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Chino Valley, accounting for 62.81% of the town's housing units. Other types of housing that are prevalent in Chino Valley include mobile homes or trailers ( 31.94%), row houses and other attached homes ( 1.56%), and a few large apartment complexes or high rise apartments ( 1.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chino Valley. Owner-occupied housing accounts for 82.99% of Chino Valley's homes, and 76.65% have either three or four bedrooms, which is average sized relative to America.
Chino Valley homes and real estate are some of the newest in America. 50.14% of Chino Valley's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Chino Valley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 46.15%), and between 1940-1969 ( 3.40%).
In the last 10 years, Chino Valley has experienced some of the highest home appreciation rates of any community in the nation. Chino Valley real estate appreciated 129.62% over the last ten years, which is an average annual home appreciation rate of 8.67%, putting Chino Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Chino Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Chino Valley that despite a nationwide downturn in the housing market, Chino Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Chino Valley appreciation rates continue to be some of the highest in America, at 4.85%, which is higher than appreciation rates in 73.04% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Chino Valley. Chino Valley appreciation rates in the latest quarter were at 0.67%, which equates to an annual appreciation rate of 2.69%.
Relative to Arizona, our data show that Chino Valley's latest annual appreciation rate is higher than 90% of the other cities and towns in Arizona.
$520,429
for Arizona
for nation
5,731
$1,457 / per month