Show Low, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Show Low Neighborhoods Since 2000




Show Low, AZ Real Estate Data


Show Low Housing Market Information

With 10,860 people, 4,123 houses or apartments, and a median cost of homes of $185,586, Show Low real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Show Low, accounting for 51.83% of the city's housing units. Other types of housing that are prevalent in Show Low include mobile homes or trailers ( 33.15%), large apartment complexes or high rise apartments ( 8.34%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.78%).

The most prevalent building size and type in Show Low are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.61% owning and 36.39% renting.

There is a lot of housing in Show Low 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 Show Low built between 2000 and later ( 40.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.59%).

A decent proportion of the Show Low housing stock is seasonally occupied. That is, homes and condos in Show Low 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 Show Low housing market speaks to its popularity as a vacation location of choice.

Show Low Home Appreciation Rates

Homes have actually lost value in Show Low over the last then years, as home values have seen a decline of 22.87% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Show Low home appreciation rates at 2.59%, which equates to an annual appreciation rate of 10.75%.

Appreciation rates are so strong in Show Low that despite a nationwide downturn in the housing market, Show Low real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Show Low appreciation rates continue to be some of the highest in America, at 6.41%, which is higher than appreciation rates in 76.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Show Low. Show Low appreciation rates in the latest quarter were at 2.59%, which equates to an annual appreciation rate of 10.75%.

Importantly, this makes Show Low one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Arizona, our data show that Show Low's latest annual appreciation rate is higher than 60% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$185,586

Show Low, AZ HOME PRICES

Value Range
> $1,191,000 0.1
$893,001 - $1,191,000 0.8
$596,001 - $893,000 1.3
$476,001 - $596,000 4.3
$357,001 - $476,000 5.3
$238,001 - $357,000 19.4
$119,001 - $238,000 35.3
$59,001 - $119,000 21.5
$0 - $59,000 11.7

High for AZ
High for Nation

Value Relative to Nation Value Relative to State
35.8080393765381 33.1081081081081

Number Of Homes And Apartments:
4,123

Rent & Ownership

 

Average Market Rent:
$1,087 / per month

Homeownership Rate

Homeownership
Owners 63.61
Renters 36.39
Vacant 43.99

Housing Market Details

 

Age of Homes

AGE OF Show Low HOMES
2000 or Newer 40.6
1970 - 1999 52.2
1940 - 1969 6.6
1939 or Older 0.6

Types of Homes

TYPE OF Show Low HOMES
Single-Family 51.8
Townhomes 2.2
Small Apt. Buildings 3.8
Apt. Complexes 8.3
Mobile Homes 33.1
Other 0.7

Home Size

SIZE OF Show Low HOMES
No Bedroom 0.79
1 Bedroom 15.49
2 Bedrooms 28.84
3 Bedrooms 42.14
4 Bedrooms 10.35
5 or more bedrooms 2.39

Show Low Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AZ*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
36.11% 1.80% 3 4
* 10 is highest

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