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 4,670, 1,671 total housing units (homes and apartments), and a median house value of $33,589, house prices in Kayenta 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 Kayenta, accounting for 57.28% of the town's housing units. Other types of housing that are prevalent in Kayenta include mobile homes or trailers ( 37.89%), duplexes, homes converted to apartments or other small apartment buildings ( 2.82%), and a few large apartment complexes or high rise apartments ( 1.59%).
The most prevalent building size and type in Kayenta are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 53.05% owning and 46.95% renting.
There is a lot of housing in Kayenta 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 Kayenta built between 2000 and later ( 23.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.76%). There's also some housing in Kayenta built before 1939 ( 3.35%).
Vacant housing appears to be an issue in Kayenta. Fully 11.21% of the housing stock is classified as vacant. Left unchecked, vacant Kayenta homes and apartments can be a drag on the real estate market, holding Kayenta 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.
In the last 10 years, Kayenta has experienced some of the highest home appreciation rates of any community in the nation. Kayenta real estate appreciated 117.55% over the last ten years, which is an average annual home appreciation rate of 8.08%, putting Kayenta in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kayenta 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, Kayenta appreciation rates have trailed the rest of the nation. In the last twelve months, Kayenta's appreciation rate has been -9.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kayenta were at 2.65%, which equates to an annual appreciation rate of 11.01%.
Importantly, this makes Kayenta one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Arizona, our data show that Kayenta's latest annual appreciation rate is lower than 90% of the other cities and towns in Arizona.
$33,589
for Arizona
for nation
1,671
$1,688 / per month