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 2,842 people, 997 houses or apartments, and a median cost of homes of $163,683, Heber-Overgaard 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 Heber-Overgaard, accounting for 60.14% of the town's housing units. Other types of housing that are prevalent in Heber-Overgaard include mobile homes or trailers ( 37.36%), duplexes, homes converted to apartments or other small apartment buildings ( 1.82%).
People in Heber-Overgaard primarily live in small (one, two or no bedroom) single-family detached homes. Heber-Overgaard has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Heber-Overgaard 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 Heber-Overgaard built between 2000 and later ( 22.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.43%). There's also some housing in Heber-Overgaard built before 1939 ( 1.50%).
A decent proportion of the Heber-Overgaard housing stock is seasonally occupied. That is, homes and condos in Heber-Overgaard are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Heber-Overgaard housing market speaks to its popularity as a vacation location of choice.
Homes have actually lost value in Heber-Overgaard over the last then years, as home values have seen a decline of 31.70% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Heber-Overgaard home appreciation rates at 1.55%, which equates to an annual appreciation rate of 6.33%.
NeighborhoodScout's data show that during the latest twelve months, Heber-Overgaard's appreciation rate, at 3.40%, has been at or slightly above the national average. In the latest quarter, Heber-Overgaard's appreciation rate has been 1.55%, which annualizes to a rate of 6.33%.
Relative to Arizona, our data show that Heber-Overgaard's latest annual appreciation rate is lower than 80% of the other cities and towns in Arizona.
|$851,001 - $1,136,000||0.0|
|$568,001 - $851,000||1.9|
|$454,001 - $568,000||2.9|
|$341,001 - $454,000||9.9|
|$227,001 - $341,000||6.4|
|$114,001 - $227,000||35.2|
|$56,001 - $114,000||29.8|
|$0 - $56,000||13.0|
|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 Heber-Overgaard HOMES|
|2000 or Newer||22.3|
|1970 - 1999||64.8|
|1940 - 1969||11.4|
|1939 or Older||1.5|
|TYPE OF Heber-Overgaard HOMES|
|Small Apt. Buildings||1.8|
|SIZE OF Heber-Overgaard HOMES|
|5 or more bedrooms||0.00|