Sunrise Manor appreciation rates and housing market information

Sunrise Manor housing market information

With 155,683 people, 58,231 houses or apartments, and a median cost of homes of $170,266, Sunrise Manor real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Sunrise Manor, accounting for 44.14% of the town's housing units. Other types of housing that are prevalent in Sunrise Manor include mobile homes or trailers (21.34%), large apartment complexes or high rise apartments (20.33%), duplexes, homes converted to apartments, or other small apartment buildings (10.89%), and a few row houses and other attached homes (2.82%).

People in Sunrise Manor primarily live in small (one, two, or no bedroom) single-family detached homes. Sunrise Manor has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Sunrise Manor 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 Sunrise Manor built from 1995 and later (26.01%). A lesser amount of the housing stock also hails from 1940-1969 (9.08%), and some were built from 1939 and earlier (9.08%).

Sunrise Manor home appreciation rates

Sunrise Manor's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sunrise Manor during the period has been just 5.16%, which is lower than % of US communities.

Over the last year, Sunrise Manor appreciation rates have trailed the rest of the nation. In the last twelve months, Sunrise Manor's appreciation rate has been -28.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sunrise Manor were at -1.35%, which equates to an annual appreciation rate of -5.40%.

Notably, Sunrise Manor's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Nevada, our data show that Sunrise Manor's latest annual appreciation rate is higher than 9% of the other cities and towns in Nevada.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Sunrise Manor differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sunrise Manor - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Sunrise Manor real estate investment or home purchase decisions.