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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 2,567 people, 839 houses or apartments, and a median cost of homes of $91,142, 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.
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 41.56%, which ranks in the top 30% nationwide. This equates to an annual average Amargosa Valley house appreciation rate of 3.54%.
NeighborhoodScout's data show that during the latest twelve months, Amargosa Valley's appreciation rate, at 5.67%, has been at or slightly above the national average. In the latest quarter, Amargosa Valley's appreciation rate has been 0.10%, which annualizes to a rate of 0.40%.
Notably, Amargosa Valley's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Nevada, our data show that Amargosa Valley's latest annual appreciation rate is higher than 70% of the other cities and towns in Nevada.
|$886,001 - $1,182,000||3.0|
|$591,001 - $886,000||0.0|
|$472,001 - $591,000||0.0|
|$354,001 - $472,000||5.6|
|$236,001 - $354,000||3.4|
|$118,001 - $236,000||11.7|
|$59,001 - $118,000||38.5|
|$0 - $59,000||29.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
2000 Q1 - 2020 Q1
|* 10 is highest|
|AGE OF Amargosa Valley HOMES|
|2000 or Newer||12.0|
|1970 - 1999||66.4|
|1940 - 1969||21.7|
|1939 or Older||0.0|
|TYPE OF Amargosa Valley HOMES|
|Small Apt. Buildings||4.4|
|SIZE OF Amargosa Valley HOMES|
|5 or more bedrooms||3.07|