Douglas, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Douglas Neighborhoods Since 2000




Douglas, AZ Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Douglas Housing Market Information

With 16,592 people, 3,285 houses or apartments, and a median cost of homes of $83,356, house prices in Douglas 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 Douglas, accounting for 66.70% of the city's housing units. Other types of housing that are prevalent in Douglas include large apartment complexes or high rise apartments ( 11.88%), duplexes, homes converted to apartments or other small apartment buildings ( 11.71%), and a few mobile homes or trailers ( 6.67%).

Renters dominate Douglas's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

There is a lot of housing in Douglas 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 Douglas built before 1939 ( 30.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.81%). There's also some housing in Douglas built between 2000 and later ( 11.40%).

Vacant housing appears to be an issue in Douglas. Fully 20.67% of the housing stock is classified as vacant. Left unchecked, vacant Douglas homes and apartments can be a drag on the real estate market, holding Douglas 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.

Douglas Home Appreciation Rates

Douglas's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Douglas during the period has been just -1.38%, which is lower than 80% of US communities.

Appreciation rates are so strong in Douglas that despite a nationwide downturn in the housing market, Douglas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Douglas appreciation rates continue to be some of the highest in America, at 7.62%, which is higher than appreciation rates in 84.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Douglas. Douglas appreciation rates in the latest quarter were at 3.79%, which equates to an annual appreciation rate of 16.04%.

Importantly, this makes Douglas one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Arizona, our data show that Douglas's latest annual appreciation rate is lower than 50% of the other cities and towns in Arizona.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Douglas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Douglas - 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 2000, to assist you in making the best Douglas real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$83,356

Douglas, AZ HOME PRICES

Value Range
> $999,000 0.1
$749,001 - $999,000 0.0
$500,001 - $749,000 0.3
$399,001 - $500,000 0.7
$300,001 - $399,000 0.9
$200,001 - $300,000 6.7
$100,001 - $200,000 30.2
$50,001 - $100,000 42.5
$0 - $50,000 18.7

Very Low for AZ
Very Low for Nation

Value Relative to Nation Value Relative to State
88.3979842962616 83.7837837837838

Number Of Homes And Apartments:
3,285

Douglas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AZ*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
52.67% 2.48% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$684 / per month

Homeownership Rate

Homeownership
Owners 32.99
Renters 67.01
Vacant 20.67

Housing Market Details

 

Age of Homes

AGE OF Douglas HOMES
2000 or Newer 11.4
1970 - 1999 30.9
1940 - 1969 26.8
1939 or Older 30.9

Types of Homes

TYPE OF Douglas HOMES
Single-Family 66.7
Townhomes 2.9
Small Apt. Buildings 11.7
Apt. Complexes 11.9
Mobile Homes 6.7
Other 0.1

Home Size

SIZE OF Douglas HOMES
No Bedroom 4.73
1 Bedroom 10.60
2 Bedrooms 31.30
3 Bedrooms 40.76
4 Bedrooms 9.93
5 or more bedrooms 2.68