Amargosa Valley, NV 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Amargosa Valley Housing Market Information

With 2,634 people, 839 houses or apartments, and a median cost of homes of $92,779, house prices in Amargosa Valley are some of the most affordable in Nevada as well as the nation.

Mobile homes or trailers are the single most common housing type in Amargosa Valley, accounting for 68.71% of the town's housing units. Other types of housing that are prevalent in Amargosa Valley include single-family detached homes ( 19.25%), large apartment complexes or high rise apartments ( 7.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.40%).

People in Amargosa Valley primarily live in small (one, two or no bedroom) mobile homes or trailers. Amargosa Valley has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Amargosa Valley 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 Amargosa Valley built between 1940-1969 ( 21.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.95%).

Vacant housing appears to be an issue in Amargosa Valley. Fully 30.37% of the housing stock is classified as vacant. Left unchecked, vacant Amargosa Valley homes and apartments can be a drag on the real estate market, holding Amargosa Valley 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.

Amargosa Valley Home Appreciation Rates

Appreciation rates for homes in Amargosa Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 46.84%, which ranks in the top 30% nationwide. This equates to an annual average Amargosa Valley house appreciation rate of 3.92%.

Over the last year, Amargosa Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Amargosa Valley's appreciation rate has been 1.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Amargosa Valley were at 1.51%, which equates to an annual appreciation rate of 6.18%.

Relative to Nevada, our data show that Amargosa Valley's latest annual appreciation rate is lower than 90% of the other cities and towns in Nevada.

Average Home Values

 
info

Median Home Value:
$92,779

Amargosa Valley, NV HOME PRICES

> $1,202,000
8.0%
8.0%
$902,001 - $1,202,000
3.0%
3.0%
$601,001 - $902,000
0.0%
0.0%
$481,001 - $601,000
0.0%
0.0%
$361,001 - $481,000
5.6%
5.6%
$240,001 - $361,000
3.4%
3.4%
$120,001 - $240,000
11.7%
11.7%
$60,001 - $120,000
38.5%
38.5%
$0 - $60,000
29.9%
29.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for NV

Value Relative To Nation

Number Of Homes And Apartments:
839

Amargosa Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
51.94% 2.04%
2
3
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$902 / per month

Homeownership Rate

Owners
45.2%
45.2%
Renters
54.8%
54.8%
Vacant
30.4%
30.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
12.0%
12.0%
1970 - 1999
66.4%
66.4%
1940 - 1969
21.7%
21.7%
1939 or Older
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
19.3%
19.3%
Townhomes
0.0%
0.0%
Small Apt. Buildings
4.4%
4.4%
Apt. Complexes
7.6%
7.6%
Mobile Homes
68.7%
68.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
7.6%
7.6%
1 Bedroom
23.8%
23.8%
2 Bedrooms
29.6%
29.6%
3 Bedrooms
32.9%
32.9%
4 Bedrooms
3.0%
3.0%
5 or more bedrooms
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Amargosa Valley

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Zip Codes in Amargosa Valley, NV