Ajo, AZ85321

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$130,000
0.0% YoY Growth
Median Household Income
$52,100
59.7% 5-Year Growth
Days on Market
95
37.0% Longer than last year
Home Price Forecast
-1.0%
Median Rent
$950
24.0% YoY Growth
1-Bed Rent
$950
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Ajo, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Ajo, AZ is 95. This is a increase of 37.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$170,00018.0%
Listing Count
4148.0%
Listings as % of Homes1.4%48.0%
Days on Market
9537.0%
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Demographics — Ajo, AZ

As of the latest ACS Survey released in 2023, Ajo, AZ has a population of 4,310, which has decreased by -1.3% over the past 5 years. Ajo, AZ is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 27.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,310-1.3%
% Under 18
16.5%-27.9%
% Seniors
27.0%-8.2%
% WFH
5.2%2.0%
% w/ College Degree
27.9%165.7%
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As of the latest ACS Survey released in 2023, Ajo, AZ is a predominantly white area, with 56.0% of the population identifying as white. The white population has grown by 77.8% in the last 5 years. The second most common race or ethnicity in Ajo, AZ is hispanic, making up 24.8% of the population. Foreign-born residents account for 3.9% of the population in Ajo, AZ, and this percentage has decreased by 38.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
56.0%77.8%
% Black
0.0%N/A
% Hispanic
24.8%-26.0%
% Asian
1.3%18.2%
% Foreign Born
3.9%-38.1%
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Mortgage and Risk — Ajo, AZ

According to HUD data as of 2023, there were 53 mortgage originations in Ajo, AZ, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Ajo, AZ. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
53
% Conventional Loans
70.0%
% Government Loans
30.0%
% Investor Loans
6.0%
% Second Loans
6.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Ajo, AZ

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

Section 8 Market Size

Total Units under HUD
19
Total Units Section 8
19
% Rentals under Section 8
3.7%
% Occupied Section 8
87.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$490$950$1,440
2 BedroomN/AN/A$1,690
3 BedroomN/AN/A$2,290
4 BedroomN/AN/A$2,610

Affordability — Ajo, AZ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$130,000
Median Household Income$52,100

Ajo, AZ — ZIP Code Boundary Map

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Frequently Asked Questions