Black Canyon City, AZ—85324
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Black Canyon City, AZ
Black Canyon City, AZ lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | -1.1% |
| Single Family | $364,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $378,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Black Canyon City, AZ
As of July '25, Rentcast reports the average rent in Black Canyon City, AZ is $1,880, with a year-over-year rent change of 27.0%. Per bedroom, the median rent as of July '25 in Black Canyon City, AZ is 2-bedrooms: $1,100, 3-bedrooms: $2,300, 4-bedrooms: $2,250. The most common rental property sizes in Black Canyon City, AZ are 1-bedroom and 2-bedroom, accounting for 62.6% and 18.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | $2,250 | $2,250 |
% of Rental Stock
Property Listings — Black Canyon City, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Black Canyon City, AZ is 62. This is a decrease of -21.0% 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 | $775,000 | -20.0% |
Listing Count | 6 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 62 | -21.0% |
Demographics — Black Canyon City, AZ
As of the latest ACS Survey released in 2023, Black Canyon City, AZ has a population of 2,300, which has decreased by -27.6% over the past 5 years. Black Canyon City, AZ is a less popular place for families, as children make up 3.7% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,300 | -27.6% |
% Under 18 | 3.7% | -58.9% |
% Seniors | 32.4% | 2.2% |
% WFH | 23.0% | 75.6% |
% w/ College Degree | 19.9% | 59.2% |
As of the latest ACS Survey released in 2023, Black Canyon City, AZ is a predominantly white area, with 91.2% of the population identifying as white. The white population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Black Canyon City, AZ is hispanic, making up 2.8% of the population. Foreign-born residents account for 0.8% of the population in Black Canyon City, AZ, and this percentage has decreased by 60.0% 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 | 91.2% | 4.9% |
% Black | 0.0% | N/A |
% Hispanic | 2.8% | -72.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | -60.0% |
Mortgage and Risk — Black Canyon City, AZ
According to HUD data as of 2023, there were 215 mortgage originations in Black Canyon City, AZ, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Black Canyon City, AZ. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 215 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Black Canyon City, AZ
Black Canyon City, 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 | $1,030 |
| 2 Bedroom | $170 | $1,100 | $1,270 |
| 3 Bedroom | -$550 | $2,300 | $1,750 |
| 4 Bedroom | -$200 | $2,250 | $2,050 |
Affordability — Black Canyon City, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $364,000 |
| Median Household Income | $69,700 |