Camp Verde, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Camp Verde, AZ Real Estate Data


Camp Verde Housing Market Information

With 11,155 people, 4,251 houses or apartments, and a median cost of homes of $176,384, Camp Verde real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Camp Verde, accounting for 52.31% of the town's housing units. Other types of housing that are prevalent in Camp Verde include mobile homes or trailers ( 39.01%), large apartment complexes or high rise apartments ( 3.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.98%).

The most prevalent building size and type in Camp Verde are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.58% owning and 35.42% renting.

There is a lot of housing in Camp Verde 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 Camp Verde built between 2000 and later ( 21.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.41%).

Vacant housing appears to be an issue in Camp Verde. Fully 12.73% of the housing stock is classified as vacant. Left unchecked, vacant Camp Verde homes and apartments can be a drag on the real estate market, holding Camp Verde 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.

Camp Verde Home Appreciation Rates

Camp Verde's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Camp Verde during the period has been just -1.76%, which is lower than 80% of US communities.

Appreciation rates are so strong in Camp Verde that despite a nationwide downturn in the housing market, Camp Verde real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Camp Verde appreciation rates continue to be some of the highest in America, at 10.64%, which is higher than appreciation rates in 98.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Camp Verde. Camp Verde appreciation rates in the latest quarter were at 3.55%, which equates to an annual appreciation rate of 15.00%.

Importantly, this makes Camp Verde 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 Camp Verde's latest annual appreciation rate is higher than 90% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$176,384

Camp Verde, AZ HOME PRICES

Value Range
> $1,347,000 0.1
$1,010,001 - $1,347,000 0.6
$673,001 - $1,010,000 3.6
$539,001 - $673,000 3.0
$404,001 - $539,000 6.1
$270,001 - $404,000 11.4
$134,001 - $270,000 35.1
$67,001 - $134,000 21.2
$0 - $67,000 19.0

High for AZ
Average for Nation

Value Relative to Nation Value Relative to State
40.4637816946771 38.255033557047

Number Of Homes And Apartments:
4,251

Rent & Ownership

 

Average Market Rent:
$979 / per month

Homeownership Rate

Homeownership
Owners 64.58
Renters 35.42
Vacant 12.73

Housing Market Details

 

Age of Homes

AGE OF Camp Verde HOMES
2000 or Newer 21.3
1970 - 1999 65.0
1940 - 1969 13.4
1939 or Older 0.4

Types of Homes

TYPE OF Camp Verde HOMES
Single-Family 52.3
Townhomes 2.0
Small Apt. Buildings 3.0
Apt. Complexes 3.1
Mobile Homes 39.0
Other 0.6

Home Size

SIZE OF Camp Verde HOMES
No Bedroom 0.66
1 Bedroom 10.61
2 Bedrooms 30.77
3 Bedrooms 48.86
4 Bedrooms 6.08
5 or more bedrooms 3.02

Camp Verde Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AZ*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
72.18% 3.25% 8 9
* 10 is highest

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Zip Codes in Camp Verde, AZ