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 a population of 11,155, 4,439 total housing units (homes and apartments), and a median house value of $166,473, 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 54.36% of the town's housing units. Other types of housing that are prevalent in Camp Verde include mobile homes or trailers ( 38.18%), large apartment complexes or high rise apartments ( 2.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Camp Verde. Owner-occupied housing accounts for 67.21% of Camp Verde's homes, and 50.17% have either three or four bedrooms, which is average sized relative to America.
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 ( 19.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.68%).
Vacant housing appears to be an issue in Camp Verde. Fully 11.77% 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.
Homes have actually lost value in Camp Verde over the last then years, as home values have seen a decline of 20.81% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Camp Verde home appreciation rates at 2.54%, which equates to an annual appreciation rate of 10.54%.
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 8.19%, which is higher than appreciation rates in 87.67% 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 2.54%, which equates to an annual appreciation rate of 10.54%.
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 50% of the other cities and towns in Arizona.
|$970,001 - $1,293,000||0.4|
|$647,001 - $970,000||4.1|
|$517,001 - $647,000||2.6|
|$388,001 - $517,000||6.7|
|$258,001 - $388,000||15.5|
|$130,001 - $258,000||30.2|
|$64,001 - $130,000||19.6|
|$0 - $64,000||21.0|
|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 Camp Verde HOMES|
|2000 or Newer||19.0|
|1970 - 1999||66.5|
|1940 - 1969||13.7|
|1939 or Older||0.9|
|TYPE OF Camp Verde HOMES|
|Small Apt. Buildings||2.5|
|SIZE OF Camp Verde HOMES|
|5 or more bedrooms||4.21|