San Luis, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating San Luis Neighborhoods Since 2000




San Luis, 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

San Luis Housing Market Information

With 31,520 people, 8,089 houses or apartments, and a median cost of homes of $132,027, house prices in San Luis are solidly below the national average.

Single-family detached homes are the single most common housing type in San Luis, accounting for 68.99% of the city's housing units. Other types of housing that are prevalent in San Luis include mobile homes or trailers ( 18.19%), large apartment complexes or high rise apartments ( 8.01%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in San Luis. Owner-occupied housing accounts for 68.29% of San Luis's homes, and 75.14% have either three or four bedrooms, which is average sized relative to America.

San Luis homes and real estate are some of the newest in America. 46.14% of San Luis's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the San Luis real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.67%), and between 1940-1969 ( 8.70%).

San Luis Home Appreciation Rates

Homes have actually lost value in San Luis over the last then years, as home values have seen a decline of 21.42% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows San Luis home appreciation rates at -0.20%, which equates to an annual appreciation rate of -0.81%.

Over the last year, San Luis appreciation rates have trailed the rest of the nation. In the last twelve months, San Luis's appreciation rate has been 2.32%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in San Luis were at -0.20%, which equates to an annual appreciation rate of -0.81%.

Relative to Arizona, our data show that San Luis's latest annual appreciation rate is lower than 90% 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 city. Individual neighborhoods within San Luis differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Luis - 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 San Luis real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$132,027

San Luis, AZ HOME PRICES

Value Range
> $1,149,000 0.0
$862,001 - $1,149,000 0.0
$574,001 - $862,000 0.0
$459,001 - $574,000 0.2
$345,001 - $459,000 1.3
$230,001 - $345,000 4.0
$115,001 - $230,000 56.7
$57,001 - $115,000 23.2
$0 - $57,000 14.6

Average for AZ
Average for Nation

Value Relative to Nation Value Relative to State
58.7952654400563 55.4054054054054

Number Of Homes And Apartments:
8,089

San Luis 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
72.60% 3.21% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$815 / per month

Homeownership Rate

Homeownership
Owners 68.29
Renters 31.71
Vacant 7.20

Housing Market Details

 

Age of Homes

AGE OF San Luis HOMES
2000 or Newer 46.1
1970 - 1999 44.7
1940 - 1969 8.7
1939 or Older 0.5

Types of Homes

TYPE OF San Luis HOMES
Single-Family 69.0
Townhomes 0.2
Small Apt. Buildings 4.3
Apt. Complexes 8.0
Mobile Homes 18.2
Other 0.3

Home Size

SIZE OF San Luis HOMES
No Bedroom 1.89
1 Bedroom 5.45
2 Bedrooms 16.42
3 Bedrooms 61.55
4 Bedrooms 13.59
5 or more bedrooms 1.10

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Zip Codes in San Luis, AZ