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 23,077, 7,687 total housing units (homes and apartments), and a median house value of $545,107, Hurricane real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Hurricane, accounting for 79.49% of the city's housing units. Other types of housing that are prevalent in Hurricane include mobile homes or trailers ( 7.80%), row houses and other attached homes ( 5.39%), and a few large apartment complexes or high rise apartments ( 4.61%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hurricane. Owner-occupied housing accounts for 70.90% of Hurricane's homes, and 68.13% have either three or four bedrooms, which is average sized relative to America.
Hurricane homes and real estate are some of the newest in America. 54.10% of Hurricane's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hurricane real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.04%), and between 1940-1969 ( 4.71%). There's also some housing in Hurricane built before 1939 ( 3.16%).
In the last 10 years, Hurricane has experienced some of the highest home appreciation rates of any community in the nation. Hurricane real estate appreciated 140.10% over the last ten years, which is an average annual home appreciation rate of 9.15%, putting Hurricane in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hurricane 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, Hurricane's appreciation rate, at 6.94%, has been at or slightly above the national average. In the latest quarter, Hurricane's appreciation rate has been 2.12%, which annualizes to a rate of 8.76%.
Relative to Utah, our data show that Hurricane's latest annual appreciation rate is higher than 80% of the other cities and towns in Utah.
$545,107
for Utah
for nation
7,687
$1,594 / per month