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 2,121 people, 586 houses or apartments, and a median cost of homes of $98,730, house prices in Sells are some of the most affordable in Arizona as well as the nation.
Single-family detached homes are the single most common housing type in Sells, accounting for 76.02% of the town's housing units. Other types of housing that are prevalent in Sells include mobile homes or trailers ( 12.33%), duplexes, homes converted to apartments or other small apartment buildings ( 6.64%), and a few large apartment complexes or high rise apartments ( 3.79%).
The most prevalent building size and type in Sells are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.83% owning and 41.17% renting.
There is a lot of housing in Sells 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 Sells built between 1940-1969 ( 20.60%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.01%). There's also some housing in Sells built before 1939 ( 3.52%).
Vacant housing appears to be an issue in Sells. Fully 20.60% of the housing stock is classified as vacant. Left unchecked, vacant Sells homes and apartments can be a drag on the real estate market, holding Sells 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.
In the last 10 years, Sells has experienced some of the highest home appreciation rates of any community in the nation. Sells real estate appreciated 122.13% over the last ten years, which is an average annual home appreciation rate of 8.31%, putting Sells in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sells definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Sells's appreciation rate, at 9.47%, has been at or slightly above the national average. In the latest quarter, Sells's appreciation rate has been 3.53%, which annualizes to a rate of 14.88%.
Relative to Arizona, our data show that Sells's latest annual appreciation rate is higher than 80% of the other cities and towns in Arizona.
$98,730
for Arizona
for nation
586
$778 / per month