Golden Valley, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Golden Valley Neighborhoods Since 2000




Golden Valley, 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

Golden Valley Housing Market Information

With a population of 8,629, 3,866 total housing units (homes and apartments), and a median house value of $92,371, house prices in Golden Valley are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Golden Valley, accounting for 63.98% of the town's housing units. Other types of housing that are prevalent in Golden Valley include single-family detached homes ( 31.64%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Golden Valley. Owner-occupied housing accounts for 82.44% of Golden Valley's homes, and 57.32% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Golden Valley 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 Golden Valley built between 2000 and later ( 29.81%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.98%).

Vacant housing appears to be an issue in Golden Valley. Fully 12.69% of the housing stock is classified as vacant. Left unchecked, vacant Golden Valley homes and apartments can be a drag on the real estate market, holding Golden Valley 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.

Golden Valley Home Appreciation Rates

Homes have actually lost value in Golden Valley over the last then years, as home values have seen a decline of 36.47% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Golden Valley home appreciation rates at 1.08%, which equates to an annual appreciation rate of 4.37%.

Appreciation rates are so strong in Golden Valley that despite a nationwide downturn in the housing market, Golden Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Golden Valley appreciation rates continue to be some of the highest in America, at 10.64%, which is higher than appreciation rates in 95.39% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Golden Valley. Golden Valley appreciation rates in the latest quarter were at 1.08%, which equates to an annual appreciation rate of 4.37%.

Relative to Arizona, our data show that Golden Valley's latest annual appreciation rate is higher than 80% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$92,371

Golden Valley, AZ HOME PRICES

Value Range
> $1,240,000 1.1
$930,001 - $1,240,000 0.6
$620,001 - $930,000 0.2
$496,001 - $620,000 0.2
$372,001 - $496,000 3.4
$248,001 - $372,000 3.3
$124,001 - $248,000 22.4
$62,001 - $124,000 41.4
$0 - $62,000 27.3

Low for AZ
Very Low for Nation

Value Relative to Nation Value Relative to State
82.4709949607407 78.3783783783784

Number Of Homes And Apartments:
3,866

Golden Valley 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
20.58% 1.09% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$925 / per month

Homeownership Rate

Homeownership
Owners 82.44
Renters 17.56
Vacant 12.69

Housing Market Details

 

Age of Homes

AGE OF Golden Valley HOMES
2000 or Newer 29.8
1970 - 1999 66.8
1940 - 1969 3.0
1939 or Older 0.4

Types of Homes

TYPE OF Golden Valley HOMES
Single-Family 31.6
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 64.0
Other 4.4

Home Size

SIZE OF Golden Valley HOMES
No Bedroom 0.72
1 Bedroom 9.89
2 Bedrooms 30.56
3 Bedrooms 50.16
4 Bedrooms 7.16
5 or more bedrooms 1.51

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Zip Codes in Golden Valley, AZ