Pinetop-Lakeside, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Pinetop-Lakeside Neighborhoods Since 2000




Pinetop-Lakeside, 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

Pinetop-Lakeside Housing Market Information

With 4,345 people, 1,801 houses or apartments, and a median cost of homes of $250,656, Pinetop-Lakeside real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Pinetop-Lakeside, accounting for 71.42% of the town's housing units. Other types of housing that are prevalent in Pinetop-Lakeside include mobile homes or trailers ( 12.25%), duplexes, homes converted to apartments or other small apartment buildings ( 7.50%), and a few large apartment complexes or high rise apartments ( 6.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pinetop-Lakeside. Owner-occupied housing accounts for 73.28% of Pinetop-Lakeside's homes, and 50.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pinetop-Lakeside 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 Pinetop-Lakeside built between 1940-1969 ( 27.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.14%). There's also some housing in Pinetop-Lakeside built before 1939 ( 1.14%).

A decent proportion of the Pinetop-Lakeside housing stock is seasonally occupied. That is, homes and condos in Pinetop-Lakeside 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 Pinetop-Lakeside housing market speaks to its popularity as a vacation location of choice.

Pinetop-Lakeside Home Appreciation Rates

Homes have actually lost value in Pinetop-Lakeside over the last then years, as home values have seen a decline of 23.48% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pinetop-Lakeside 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, Pinetop-Lakeside's appreciation rate, at 4.46%, has been at or slightly above the national average. In the latest quarter, Pinetop-Lakeside's appreciation rate has been 1.55%, which annualizes to a rate of 6.33%.

Relative to Arizona, our data show that Pinetop-Lakeside's latest annual appreciation rate is lower than 80% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$250,656

Pinetop-Lakeside, AZ HOME PRICES

Value Range
> $1,215,000 0.2
$911,001 - $1,215,000 3.0
$607,001 - $911,000 4.6
$486,001 - $607,000 6.7
$364,001 - $486,000 10.5
$243,001 - $364,000 25.6
$121,001 - $243,000 29.6
$61,001 - $121,000 11.4
$0 - $61,000 8.3

Very High for AZ
High for Nation

Value Relative to Nation Value Relative to State
22.4188444861127 15.5405405405405

Number Of Homes And Apartments:
1,801

Pinetop-Lakeside 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
42.78% 2.09% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,126 / per month

Homeownership Rate

Homeownership
Owners 73.28
Renters 26.72
Vacant 49.97

Housing Market Details

 

Age of Homes

AGE OF Pinetop-Lakeside HOMES
2000 or Newer 23.1
1970 - 1999 48.7
1940 - 1969 27.0
1939 or Older 1.1

Types of Homes

TYPE OF Pinetop-Lakeside HOMES
Single-Family 71.4
Townhomes 2.4
Small Apt. Buildings 7.5
Apt. Complexes 6.3
Mobile Homes 12.3
Other 0.2

Home Size

SIZE OF Pinetop-Lakeside HOMES
No Bedroom 0.50
1 Bedroom 11.53
2 Bedrooms 32.42
3 Bedrooms 42.53
4 Bedrooms 8.44
5 or more bedrooms 4.58

Popular Neighborhoods in Pinetop-Lakeside

Popular Communities Near Pinetop-Lakeside, AZ

Zip Codes in Pinetop-Lakeside, AZ