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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Gold Canyon, AZ Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Gold Canyon, AZ Housing Market Trends

With a population of 11,404, 5,814 total housing units (homes and apartments), and a median house value of $713,534, Gold Canyon house prices are not only among the most expensive in Arizona, Gold Canyon real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Gold Canyon, accounting for 80.63% of the town's housing units. Other types of housing that are prevalent in Gold Canyon include mobile homes or trailers ( 9.50%), row houses and other attached homes ( 5.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.07%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gold Canyon. Owner-occupied housing accounts for 94.41% of Gold Canyon's homes, and 60.57% have either three or four bedrooms, which is average sized relative to America.

Gold Canyon homes and real estate are some of the newest in America. 58.05% of Gold Canyon's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Gold Canyon real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.15%), and before 1939 ( 0.70%).

Vacant housing appears to be an issue in Gold Canyon. Fully 23.51% of the housing stock is classified as vacant. Left unchecked, vacant Gold Canyon homes and apartments can be a drag on the real estate market, holding Gold Canyon 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.

Gold Canyon Home Appreciation Rates

In the last 10 years, Gold Canyon has experienced some of the highest home appreciation rates of any community in the nation. Gold Canyon real estate appreciated 123.95% over the last ten years, which is an average annual home appreciation rate of 8.40%, putting Gold Canyon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Gold Canyon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Gold Canyon appreciation rates have trailed the rest of the nation. In the last twelve months, Gold Canyon's appreciation rate has been -2.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gold Canyon were at 0.45%, which equates to an annual appreciation rate of 1.81%.

Relative to Arizona, our data show that Gold Canyon's latest annual appreciation rate is lower than 90% of the other cities and towns in Arizona.

Average Home Values

Median Home Value

$713,534

Gold Canyon, AZ Home Prices
> $1,445,000
$1,084,001 - $1,445,000
$722,001 - $1,084,000
$578,001 - $722,000
$434,001 - $578,000
$289,001 - $434,000
$144,001 - $289,000
$72,001 - $144,000
$0 - $72,000
6.5%
6.5%
5.8%
5.8%
18.3%
18.3%
18.2%
18.2%
18.9%
18.9%
16.8%
16.8%
8.4%
8.4%
2.3%
2.3%
4.8%
4.8%
0% 100.0%
% of Homes
Very High

for Arizona

Very High

for nation

Number of Homes And Apartments:

5,814

Gold Canyon Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,723 / per month

Homeownership Rate

Owners
Renters
94.4%
94.4%
5.6%
5.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
23.5%
23.5%
76.5%
76.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
58.0%
58.0%
41.2%
41.2%
0.1%
0.1%
0.7%
0.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.6%
80.6%
6.0%
6.0%
3.1%
3.1%
0.2%
0.2%
9.5%
9.5%
0.6%
0.6%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
8.0%
8.0%
28.6%
28.6%
46.2%
46.2%
14.4%
14.4%
2.8%
2.8%
0% 100.0%
% of Homes

Popular Communities Near Gold Canyon, AZ

Zip Codes in Gold Canyon, AZ