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 13,669, 5,624 total housing units (homes and apartments), and a median house value of $463,738, Chino Valley real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Chino Valley, accounting for 59.34% of the town's housing units. Other types of housing that are prevalent in Chino Valley include mobile homes or trailers ( 31.37%), large apartment complexes or high rise apartments ( 3.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.29%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chino Valley. Owner-occupied housing accounts for 75.49% of Chino Valley's homes, and 72.43% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Chino 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 Chino Valley built between 2000 and later ( 44.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.69%).
In the last 10 years, Chino Valley has experienced some of the highest home appreciation rates of any community in the nation. Chino Valley real estate appreciated 145.97% over the last ten years, which is an average annual home appreciation rate of 9.42%, putting Chino Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Chino Valley 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, Chino Valley's appreciation rate, at 5.68%, has been at or slightly above the national average. In the latest quarter, Chino Valley's appreciation rate has been 1.76%, which annualizes to a rate of 7.22%.
Relative to Arizona, our data show that Chino Valley's latest annual appreciation rate is higher than 50% of the other cities and towns in Arizona.
$463,738
for Arizona
for nation
5,624
$1,783 / per month