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
With 2,950 people, 1,039 houses or apartments, and a median cost of homes of $139,774, Black Canyon City real estate and house prices are near the national average for all cities and towns.
Mobile homes or trailers are the single most common housing type in Black Canyon City, accounting for 51.50% of the town's housing units. Other types of housing that are prevalent in Black Canyon City include single-family detached homes ( 46.59%), duplexes, homes converted to apartments or other small apartment buildings ( 1.91%).
Dwellings in Black Canyon City tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 54.30% of the homes in Black Canyon City have two or fewer bedrooms.
There is a lot of housing in Black Canyon City 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 Black Canyon City built between 2000 and later ( 16.63%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.76%). There's also some housing in Black Canyon City built before 1939 ( 2.04%).
Vacant housing appears to be an issue in Black Canyon City. Fully 33.78% of the housing stock is classified as vacant. Left unchecked, vacant Black Canyon City homes and apartments can be a drag on the real estate market, holding Black Canyon City 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.
Homes have actually lost value in Black Canyon City over the last then years, as home values have seen a decline of 22.30% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Black Canyon City home appreciation rates at 2.54%, which equates to an annual appreciation rate of 10.54%.
Appreciation rates are so strong in Black Canyon City that despite a nationwide downturn in the housing market, Black Canyon City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Black Canyon City appreciation rates continue to be some of the highest in America, at 9.70%, which is higher than appreciation rates in 92.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Black Canyon City. Black Canyon City appreciation rates in the latest quarter were at 2.54%, which equates to an annual appreciation rate of 10.54%.
Importantly, this makes Black Canyon City one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Arizona, our data show that Black Canyon City's latest annual appreciation rate is higher than 70% of the other cities and towns in Arizona.
|$949,001 - $1,265,000||0.0|
|$632,001 - $949,000||2.9|
|$506,001 - $632,000||0.6|
|$379,001 - $506,000||5.1|
|$253,001 - $379,000||7.8|
|$126,001 - $253,000||33.1|
|$63,001 - $126,000||35.8|
|$0 - $63,000||11.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Black Canyon City HOMES|
|2000 or Newer||16.6|
|1970 - 1999||74.6|
|1940 - 1969||6.8|
|1939 or Older||2.0|
|TYPE OF Black Canyon City HOMES|
|Small Apt. Buildings||1.9|
|SIZE OF Black Canyon City HOMES|
|5 or more bedrooms||1.98|