Kelvin, AZ 85137 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Kelvin, AZ—85137

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$167,000

3.8% YoY Growth

Household Income

$60,800

14.4% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

-2.7%

Median Rent

$1,600

27.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Kelvin, AZ

As of May '26, the median home price in Kelvin, AZ is $167,000, with a year-over-year change of -3.8%. This indicates that home prices in Kelvin, AZ are decreasing. According to Zillow, the 1-year price projection is -2.7%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$167,000	-3.8%
Single Family	$168,000	-4.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Kelvin, AZ

As of July '25, Rentcast reports the average rent in Kelvin, AZ is $1,600, with a year-over-year rent change of -27.3%. Per bedroom, the median rent as of July '25 in Kelvin, AZ is 4-bedrooms: $1,600. The most common rental property sizes in Kelvin, AZ are 3-bedroom and 1-bedroom, accounting for 47.6% and 25.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,600
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	$1,600	$1,600

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% of Rental Stock

1 Bedroom

25.4%

2 Bedrooms

9.7%

3 Bedrooms

47.6%

4 Bedrooms

14.6%

5+ Bedrooms

2.7%

Property Listings — Kelvin, AZ

As of May '26, Realtor.com reports that the median days on market for a home in Kelvin, AZ is 81. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$182,000	-5.0%
Listing Count	10	3.0%
Listings as % of Homes	0.8%	3.0%
Days on Market	81	-18.0%

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Demographics — Kelvin, AZ

As of the latest ACS Survey released in 2023, Kelvin, AZ has a population of 2,530, which has decreased by -1.7% over the past 5 years. Kelvin, AZ is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 8.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,530	-1.7%
% Under 18	22.2%	-9.8%
% Seniors	26.8%	20.7%
% WFH	15.7%	∞%
% w/ College Degree	8.0%	-44.1%

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As of the latest ACS Survey released in 2023, Kelvin, AZ is a predominantly white area, with 60.6% of the population identifying as white. The white population has grown by 31.2% in the last 5 years. The second most common race or ethnicity in Kelvin, AZ is hispanic, making up 37.8% of the population. Foreign-born residents account for 4.1% of the population in Kelvin, AZ, and this percentage has decreased by 18.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	60.6%	31.2%
% Black	0.0%	-100.0%
% Hispanic	37.8%	-14.9%
% Asian	0.0%	-100.0%
% Foreign Born	4.1%	-18.0%

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Mortgage and Risk — Kelvin, AZ

According to HUD data as of 2023, there were 37 mortgage originations in Kelvin, AZ, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Kelvin, AZ. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	37
% Conventional Loans	46.0%
% Government Loans	54.0%
% Investor Loans	0.0%
% Second Loans	3.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Kelvin, AZ

Kelvin, AZ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,500
2 Bedroom	N/A	N/A	$1,740
3 Bedroom	N/A	N/A	$2,340
4 Bedroom	$1,020	$1,600	$2,620

Kelvin, AZ—85137

Key Metrics at a Glance

Home Price Trends — Kelvin, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kelvin, AZ

% of Rental Stock

Property Listings — Kelvin, AZ

Demographics — Kelvin, AZ

Race and Ethnicity

Mortgage and Risk — Kelvin, AZ

Mortgages

Rentals and Section 8 — Kelvin, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — Kelvin, AZ

Home Price to Income Ratio

Kelvin, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Superior, AZ

Miami, AZ

Hayden, AZ

Florence, AZ

Claypool

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$167,000
Median Household Income	$60,800

Kelvin, AZ—85137

Key Metrics at a Glance

Home Price Trends — Kelvin, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kelvin, AZ

% of Rental Stock

Property Listings — Kelvin, AZ

Demographics — Kelvin, AZ

Race and Ethnicity

Mortgage and Risk — Kelvin, AZ

Mortgages

Rentals and Section 8 — Kelvin, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — Kelvin, AZ

Home Price to Income Ratio

Kelvin, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Superior, AZ

Miami, AZ

Hayden, AZ

Florence, AZ

Claypool

Frequently Asked Questions

What is the average home price in Kelvin, AZ 85137?

How have home prices in Kelvin, AZ 85137 changed over the past year?

What is the home price projection for Kelvin, AZ 85137?

What are the demographics of Kelvin, AZ 85137?

How long does it take homes to sell in Kelvin, AZ 85137?

What is the average rent price in Kelvin, AZ 85137?