Median price for residential apartments in Sierra Vista, AZ as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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505 Sierra Vista, AZ, USA apartments for sale
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Sierra Vista
According to statistics, the population in Sierra Vista, AZ amounts to 43,585, which shows decline -2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $58,839, shifting growth 5% from the past year, and the average property value in Sierra Vista, AZ growth 1% to $180,400 throughout the year.
| Population | 43,585 |
| Median Age | 34.3 |
| Poverty Rate | 14% |
| Household Income | $58,839 |
| Number Of Employees | 15,591 |
| Median Property Value | $180,400 |
Household Income
The average household income in Sierra Vista, AZ grew from $56,280 to $58,839 in the past year. This data is an estimate based upon 17,053 households in Sierra Vista, AZ . The chart below presents how household income is distributed in Sierra Vista, AZ in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Sierra Vista, AZ shifted from $178,000 to $180,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sierra Vista, AZ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sierra Vista, AZ properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sierra Vista, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Sierra Vista, AZ equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Sierra Vista, AZ, USA
Average apartment sale in Sierra Vista: $284,573 (-1.4%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $168,628 | -8.9% |
| 1-bed apartments | $179,000 | -6.2% |
| 2-bed apartments | $241,127 | +3% |
| 3-bed apartments | $303,583 | +0.5% |
| 4+ bed apartments | $395,422 | -1.2% |
During Dec 2022, the average price for an apartment in/near Sierra Vista, AZ decreased by 1.4% to $284,573.
Knowing the current property prices is key if you plan to buy a studio in Sierra Vista, AZ. The average price for a studio has decreased since the last month, currently being $168,628. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 6.2% to $179,000. Asking price for 2-bed apartment also increased by 3% and a place of this size will now cost you $241,127. A 3-bed apartment goes for $303,583, it increased by 0.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.2% and made it down to $395,422.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Apartments for sale | $144,985 | -9.5% |
| Condos for sale | $153,000 | -21.1% |
| Duplexes for sale | $429,000 | +0% |
| Houses for sale | $330,605 | +0.3% |
| Land for sale | $174,537 | -9.9% |
| Lofts for sale | $259,250 | +0% |
| Townhouses for sale | $219,900 | +0% |
The average cost of an apartment in Sierra Vista, AZ decreased by 9.5% to $144,985. Price reports demonstrate that house price increased by 0.3% this month making it up to $330,605. Condos faced an upward trend these days. The median price for a condo decreased by 21.1%, it’s now available for $153,000. An average value of duplex is $429,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $259,250. Value of the townhouses didn’t change, the price still starts at $219,900. The average price of the land for sale in Sierra Vista, AZ has decreased by 9.9%, and now equals $174,537.
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