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 4,589 people, 1,675 houses or apartments, and a median cost of homes of $433,517, Dewey-Humboldt real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Dewey-Humboldt, accounting for 66.06% of the town's housing units. Other types of housing that are prevalent in Dewey-Humboldt include mobile homes or trailers ( 33.49%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dewey-Humboldt. Owner-occupied housing accounts for 88.70% of Dewey-Humboldt's homes, and 76.71% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Dewey-Humboldt built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dewey-Humboldt built between 2000 and later ( 37.09%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.95%). There's also some housing in Dewey-Humboldt built before 1939 ( 2.84%).
Vacant housing appears to be an issue in Dewey-Humboldt. Fully 15.02% of the housing stock is classified as vacant. Left unchecked, vacant Dewey-Humboldt homes and apartments can be a drag on the real estate market, holding Dewey-Humboldt real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Dewey-Humboldt have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.31%, which ranks in the top 30% nationwide. This equates to an annual average Dewey-Humboldt house appreciation rate of 7.72%.
Appreciation rates are so strong in Dewey-Humboldt that despite a nationwide downturn in the housing market, Dewey-Humboldt real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dewey-Humboldt appreciation rates continue to be some of the highest in America, at 4.85%, which is higher than appreciation rates in 73.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dewey-Humboldt. Dewey-Humboldt 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 Dewey-Humboldt's latest annual appreciation rate is higher than 90% of the other cities and towns in Arizona.
$433,517
for Arizona
for nation
1,675
$2,147 / per month