Vail, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Vail, 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

Vail Housing Market Information

With 10,552 people, 3,784 houses or apartments, and a median cost of homes of $215,657, Vail real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Vail, accounting for 88.66% of the town's housing units. Other types of housing that are prevalent in Vail include mobile homes or trailers ( 11.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vail. Owner-occupied housing accounts for 83.99% of Vail's homes, and 87.79% have either three or four bedrooms, which is average sized relative to America.

Vail homes and real estate are some of the newest in America. 76.28% of Vail'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 Vail real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 22.22%), and before 1939 ( 1.06%).

Vail Home Appreciation Rates

Homes have actually lost value in Vail over the last then years, as home values have seen a decline of 26.10% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Vail home appreciation rates at 0.60%, which equates to an annual appreciation rate of 2.42%.

NeighborhoodScout's data show that during the latest twelve months, Vail's appreciation rate, at 4.45%, has been at or slightly above the national average. In the latest quarter, Vail's appreciation rate has been 0.60%, which annualizes to a rate of 2.42%.

Relative to Arizona, our data show that Vail's latest annual appreciation rate is lower than 80% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$215,657

Vail, AZ HOME PRICES

Value Range
> $1,136,000 1.3
$852,001 - $1,136,000 0.9
$568,001 - $852,000 6.0
$455,001 - $568,000 5.7
$341,001 - $455,000 14.6
$227,001 - $341,000 26.8
$113,001 - $227,000 32.4
$57,001 - $113,000 9.3
$0 - $57,000 3.1

High for AZ
High for Nation

Value Relative to Nation Value Relative to State
28.6007265908825 22.972972972973

Number Of Homes And Apartments:
3,784

Vail 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
25.83% 1.34% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,628 / per month

Homeownership Rate

Homeownership
Owners 83.99
Renters 16.01
Vacant 8.89

Housing Market Details

 

Age of Homes

AGE OF Vail HOMES
2000 or Newer 76.3
1970 - 1999 22.2
1940 - 1969 0.4
1939 or Older 1.1

Types of Homes

TYPE OF Vail HOMES
Single-Family 88.7
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 11.3
Other 0.0

Home Size

SIZE OF Vail HOMES
No Bedroom 0.07
1 Bedroom 0.00
2 Bedrooms 6.16
3 Bedrooms 49.84
4 Bedrooms 37.95
5 or more bedrooms 5.97

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Zip Codes in Vail, AZ