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 about Scout's Real Estate Data
With 6,212 people, 1,979 houses or apartments, and a median cost of homes of $313,316, Canutillo real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Canutillo, accounting for 51.30% of the town's housing units. Other types of housing that are prevalent in Canutillo include mobile homes or trailers ( 32.39%), row houses and other attached homes ( 9.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.75%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Canutillo. Owner-occupied housing accounts for 75.94% of Canutillo's homes, and 68.02% have either three or four bedrooms, which is average sized relative to America.
Canutillo homes and real estate are some of the newest in America. 49.52% of Canutillo'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 Canutillo real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 45.04%), and between 1940-1969 ( 3.20%). There's also some housing in Canutillo built before 1939 ( 2.24%).
Appreciation rates for homes in Canutillo have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.81%, which ranks in the top 40% nationwide. This equates to an annual average Canutillo house appreciation rate of 6.79%.
Appreciation rates are so strong in Canutillo that despite a nationwide downturn in the housing market, Canutillo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Canutillo appreciation rates continue to be some of the highest in America, at 7.91%, which is higher than appreciation rates in 86.48% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Canutillo. Canutillo appreciation rates in the latest quarter were at -0.41%, which equates to an annual appreciation rate of -1.65%.
Relative to Texas, our data show that Canutillo's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
$313,316
for Texas
for nation
1,979
$1,658 / per month