Tuba City appreciation rates and housing market information

Tuba City housing market information

With 10,122 people, 5,106 houses or apartments, and a median cost of homes of $71,361, house prices in Tuba City are some of the most affordable in Arizona as well as the nation.

single-family detached homes are the single most common housing type in Tuba City, accounting for 64.69% of the town's housing units. Other types of housing that are prevalent in Tuba City include mobile homes or trailers (22.86%), row houses and other attached homes (8.25%), duplexes, homes converted to apartments, or other small apartment buildings (1.98%), and a few large apartment complexes or high rise apartments (1.31%).

Dwellings in Tuba City tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 62.33% of the homes in Tuba City have two or fewer bedrooms.

There is a lot of housing in Tuba City built from 1970-1994, 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 Tuba City built from 1940-1969 (20.58%). A lesser amount of the housing stock also hails from 1995 and later (16.78%), and some were built from 1939 and earlier (16.78%).

Tuba City home appreciation rates

In the last 10 years, Tuba City has experienced some of the highest home appreciation rates of any community in the nation. Tuba City real estate appreciated 183.10% over the last ten years, which is an average annual home appreciation rate of 18.31%, putting Tuba City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Tuba City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Tuba City home appreciation rates, at 0.59%, have been at or slightly above the national average. In the latest quarter, Tuba City's appreciation rate has been 0.04%, which annualizes to a rate of 0.16%.

Relative to Arizona, our data show that Tuba City's latest annual appreciation rate is higher than 92% of the other cities and towns in Arizona.