With 4,345 people, 1,709 houses or apartments, and a median cost of homes of $231,499, 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 70.09% of the town's housing units. Other types of housing that are prevalent in Pinetop-Lakeside include mobile homes or trailers ( 14.63%), duplexes, homes converted to apartments or other small apartment buildings ( 7.57%), and a few large apartment complexes or high rise apartments ( 4.96%).
Dwellings in Pinetop-Lakeside tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 48.22% of the homes in Pinetop-Lakeside have two or fewer bedrooms.
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 ( 25.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.18%). There's also some housing in Pinetop-Lakeside built before 1939 ( 2.24%).
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.
Homes have actually lost value in Pinetop-Lakeside over the last then years, as home values have seen a decline of 22.55% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pinetop-Lakeside home appreciation rates at -0.05%, which equates to an annual appreciation rate of -0.18%.
Over the last year, Pinetop-Lakeside appreciation rates have trailed the rest of the nation. In the last twelve months, Pinetop-Lakeside's appreciation rate has been 4.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pinetop-Lakeside were at -0.05%, which equates to an annual appreciation rate of -0.18%.
Notably, Pinetop-Lakeside's appreciation rate in the latest quarter is one of the lowest in America.
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.
|$895,001 - $1,193,000||2.8|
|$596,001 - $895,000||6.0|
|$477,001 - $596,000||6.4|
|$358,001 - $477,000||10.0|
|$239,001 - $358,000||24.1|
|$119,001 - $239,000||27.9|
|$60,001 - $119,000||10.3|
|$0 - $60,000||12.2|
|Value Relative to Nation||Value Relative to State|
|AGE OF Pinetop-Lakeside HOMES|
|2000 or Newer||22.2|
|1970 - 1999||50.3|
|1940 - 1969||25.3|
|1939 or Older||2.2|
|TYPE OF Pinetop-Lakeside HOMES|
|Small Apt. Buildings||7.6|
|SIZE OF Pinetop-Lakeside HOMES|
|5 or more bedrooms||4.18|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
2000 Q1 - 2016 Q3
|* 10 is highest|