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




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Highest Appreciating Pinetop-Lakeside Neighborhoods Since 2000




Pinetop-Lakeside, AZ Real Estate Data


Pinetop-Lakeside Housing Market Information

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.

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 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.

Average Home Values

 

Median Home Value:
$231,499

Pinetop-Lakeside, AZ HOME PRICES

Value Range
> $1,193,000 0.2
$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

High for AZ
High for Nation

Value Relative to Nation Value Relative to State
26.3043860162792 21.4765100671141

Number Of Homes And Apartments:
1,709

Rent & Ownership

 

Average Market Rent:
$1,308 / per month

Homeownership Rate

Homeownership
Owners 73.92
Renters 26.08
Vacant 52.09

Housing Market Details

 

Age of Homes

AGE OF Pinetop-Lakeside HOMES
2000 or Newer 22.2
1970 - 1999 50.3
1940 - 1969 25.3
1939 or Older 2.2

Types of Homes

TYPE OF Pinetop-Lakeside HOMES
Single-Family 70.1
Townhomes 2.6
Small Apt. Buildings 7.6
Apt. Complexes 5.0
Mobile Homes 14.6
Other 0.2

Home Size

SIZE OF Pinetop-Lakeside HOMES
No Bedroom 1.54
1 Bedroom 14.66
2 Bedrooms 32.02
3 Bedrooms 39.59
4 Bedrooms 8.02
5 or more bedrooms 4.18

Pinetop-Lakeside Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AZ*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2016 Q3
37.84% 1.91% 4 4
* 10 is highest

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Zip Codes in Pinetop-Lakeside, AZ