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 2,366 people, 1,231 houses or apartments, and a median cost of homes of $73,182, house prices in Quartzsite are some of the most affordable in Arizona as well as the nation.
Mobile homes or trailers are the single most common housing type in Quartzsite, accounting for 70.15% of the town's housing units. Other types of housing that are prevalent in Quartzsite include duplexes, homes converted to apartments or other small apartment buildings ( 11.35%), single-family detached homes ( 10.50%).
People in Quartzsite primarily live in small (one, two or no bedroom) mobile homes or trailers. Quartzsite has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Quartzsite 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 Quartzsite built between 2000 and later ( 27.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.35%).
A decent proportion of the Quartzsite housing stock is seasonally occupied. That is, homes and condos in Quartzsite are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Quartzsite housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Quartzsite has experienced some of the highest home appreciation rates of any community in the nation. Quartzsite real estate appreciated 147.80% over the last ten years, which is an average annual home appreciation rate of 9.50%, putting Quartzsite in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Quartzsite definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Quartzsite appreciation rates have trailed the rest of the nation. In the last twelve months, Quartzsite's appreciation rate has been -2.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Quartzsite were at 2.08%, which equates to an annual appreciation rate of 8.59%.
Relative to Arizona, our data show that Quartzsite's latest annual appreciation rate is lower than 90% of the other cities and towns in Arizona.
$73,182
$1,437 / per month