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 883 people, 205 houses or apartments, and a median cost of homes of $70,084, house prices in Ganado 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 Ganado, accounting for 56.61% of the town's housing units. Other types of housing that are prevalent in Ganado include mobile homes or trailers ( 32.20%), duplexes, homes converted to apartments or other small apartment buildings ( 9.49%), and a few large apartment complexes or high rise apartments ( 1.69%).
People in Ganado primarily live in small (one, two or no bedroom) single-family detached homes. Ganado has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Ganado 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 Ganado built between 2000 and later ( 18.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.53%). There's also some housing in Ganado built before 1939 ( 1.02%).
Vacant housing appears to be an issue in Ganado. Fully 30.51% of the housing stock is classified as vacant. Left unchecked, vacant Ganado homes and apartments can be a drag on the real estate market, holding Ganado 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 Ganado have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.76%, which ranks in the top 40% nationwide. This equates to an annual average Ganado house appreciation rate of 7.22%.
Over the last year, Ganado appreciation rates have trailed the rest of the nation. In the last twelve months, Ganado's appreciation rate has been -4.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ganado were at 2.08%, which equates to an annual appreciation rate of 8.59%.
Relative to Arizona, our data show that Ganado's latest annual appreciation rate is lower than 90% of the other cities and towns in Arizona.
$70,084
for Arizona
for nation
205
$942 / per month