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Cottonwood-Verde Village, AZ Real Estate


According to census data in the year 2000 there were 4,327 housing units in Cottonwood-Verde Village. This represents a 35.2% growth from 3,200 in 1990.

Of those housing units, 4,212 were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.

Homeownership rate in Cottonwood-Verde Village is about 81.5%. Cottonwood-Verde Village's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Cottonwood-Verde Village were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom4.90%
Two Bedrooms35.50%
Three Bedrooms48.50%
Four Bedrooms8%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1986
Median Value of occupied units$114,900
Median Price asked for vacant units$115,600

Rented Homes, Apartments and Condos

Average Household Size3.1
Median year structure was built1983
Median Monthly Rent asked for vacant units$503

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.50%
Home Equity Loan10.30%
Simple Mortgage50.40%
Debt Free34.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%