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 about Scout's Real Estate Data
With 35,337 people, 10,557 houses or apartments, and a median cost of homes of $374,789, Sahuarita real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Sahuarita, accounting for 86.49% of the town's housing units. Other types of housing that are prevalent in Sahuarita include large apartment complexes or high rise apartments ( 5.39%), mobile homes or trailers ( 3.96%), and a few row houses and other attached homes ( 3.52%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sahuarita. Owner-occupied housing accounts for 79.02% of Sahuarita's homes, and 65.59% have either three or four bedrooms, which is average sized relative to America.
Sahuarita homes and real estate are some of the newest in America. 77.30% of Sahuarita's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Sahuarita real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 20.74%), and between 1940-1969 ( 1.77%).
Vacant housing appears to be an issue in Sahuarita. Fully 10.95% of the housing stock is classified as vacant. Left unchecked, vacant Sahuarita homes and apartments can be a drag on the real estate market, holding Sahuarita 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.
In the last 10 years, Sahuarita has experienced some of the highest home appreciation rates of any community in the nation. Sahuarita real estate appreciated 133.00% over the last ten years, which is an average annual home appreciation rate of 8.83%, putting Sahuarita in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sahuarita definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Sahuarita that despite a nationwide downturn in the housing market, Sahuarita real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sahuarita appreciation rates continue to be some of the highest in America, at 16.40%, which is higher than appreciation rates in 75.61% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sahuarita. Sahuarita appreciation rates in the latest quarter were at 4.21%, which equates to an annual appreciation rate of 17.94%.
Relative to Arizona, our data show that Sahuarita's latest annual appreciation rate is lower than 60% of the other cities and towns in Arizona.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Sahuarita differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sahuarita - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sahuarita real estate investment or home purchase decisions.
High for Nation
High for AZ