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 a population of 8,072, 2,273 total housing units (homes and apartments), and a median house value of $67,127, house prices in Tuba City 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 Tuba City, accounting for 51.75% of the town's housing units. Other types of housing that are prevalent in Tuba City include mobile homes or trailers ( 31.21%), large apartment complexes or high rise apartments ( 10.84%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.20%).
The most prevalent building size and type in Tuba City are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.23% owning and 44.77% renting.
There is a lot of housing in Tuba City 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 Tuba City built between 1940-1969 ( 9.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.93%).
Vacant housing appears to be an issue in Tuba City. Fully 16.16% of the housing stock is classified as vacant. Left unchecked, vacant Tuba City homes and apartments can be a drag on the real estate market, holding Tuba City 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 Tuba City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.92%, which ranks in the top 50% nationwide. This equates to an annual average Tuba City house appreciation rate of 6.96%.
NeighborhoodScout's data show that during the latest twelve months, Tuba City's appreciation rate, at 10.46%, has been at or slightly above the national average. In the latest quarter, Tuba City's appreciation rate has been 6.55%, which annualizes to a rate of 28.90%.
Importantly, this makes Tuba City one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Arizona, our data show that Tuba City's latest annual appreciation rate is higher than 80% of the other cities and towns in Arizona.
$67,127
for Arizona
for nation
2,273
$1,436 / per month