Sells, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sells Neighborhoods Since 2000




Sells, 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

Sells Housing Market Information

With 2,544 people, 532 houses or apartments, and a median cost of homes of $77,143, house prices in Sells are some of the most affordable in Arizona as well as the nation.

Single-family detached homes are the single most common housing type in Sells, accounting for 81.38% of the town's housing units. Other types of housing that are prevalent in Sells include mobile homes or trailers ( 14.92%), large apartment complexes or high rise apartments ( 1.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.85%).

The most prevalent building size and type in Sells are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.10% owning and 41.90% renting.

There is a lot of housing in Sells 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 Sells built between 1940-1969 ( 22.81%). A lesser amount of the housing stock also hails from before 1939 ( 10.36%). There's also some housing in Sells built between 2000 and later ( 4.44%).

Vacant housing appears to be an issue in Sells. Fully 34.40% of the housing stock is classified as vacant. Left unchecked, vacant Sells homes and apartments can be a drag on the real estate market, holding Sells 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.

Sells Home Appreciation Rates

Sells's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sells during the period has been just -1.18%, which is lower than 70% of US communities.

Appreciation rates are so strong in Sells that despite a nationwide downturn in the housing market, Sells real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sells appreciation rates continue to be some of the highest in America, at 7.48%, which is higher than appreciation rates in 84.02% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sells. Sells appreciation rates in the latest quarter were at 0.60%, which equates to an annual appreciation rate of 2.42%.

Relative to Arizona, our data show that Sells's latest annual appreciation rate is lower than 50% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$77,143

Sells, AZ HOME PRICES

Value Range
> $1,189,000 1.0
$891,001 - $1,189,000 0.0
$594,001 - $891,000 1.4
$476,001 - $594,000 0.0
$357,001 - $476,000 1.3
$238,001 - $357,000 2.4
$119,001 - $238,000 24.0
$60,001 - $119,000 36.1
$0 - $60,000 33.8

Very Low for AZ
Very Low for Nation

Value Relative to Nation Value Relative to State
92.1891480135943 90.5405405405405

Number Of Homes And Apartments:
532

Sells 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
64.95% 2.94% 6 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$484 / per month

Homeownership Rate

Homeownership
Owners 58.10
Renters 41.90
Vacant 34.40

Housing Market Details

 

Age of Homes

AGE OF Sells HOMES
2000 or Newer 4.4
1970 - 1999 62.4
1940 - 1969 22.8
1939 or Older 10.4

Types of Homes

TYPE OF Sells HOMES
Single-Family 81.4
Townhomes 0.0
Small Apt. Buildings 1.8
Apt. Complexes 1.8
Mobile Homes 14.9
Other 0.0

Home Size

SIZE OF Sells HOMES
No Bedroom 4.56
1 Bedroom 8.26
2 Bedrooms 29.22
3 Bedrooms 44.14
4 Bedrooms 12.33
5 or more bedrooms 1.48

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Zip Codes in Sells, AZ