Wellton, AZ—85356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellton, AZ
As of Oct '25, the median home price in Wellton, AZ is $253,000, with a year-over-year change of 1.7%. This indicates that home prices in Wellton, AZ are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 1.7% |
| Single Family | $262,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $226,000 | 0.9% |
3 Bed | $289,000 | 2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wellton, AZ
As of July '25, Rentcast reports the average rent in Wellton, AZ is $1,120, with a year-over-year rent change of -17.0%. Per bedroom, the median rent as of July '25 in Wellton, AZ is 1-bedrooms: $667, 2-bedrooms: $1,550, 3-bedrooms: $1,550, 4-bedrooms: $1,650. The most common rental property sizes in Wellton, AZ are 1-bedroom and 3-bedroom, accounting for 34.6% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $500 | $667 |
| 2 Bed Rent | $1,550 | $1,550 |
| 3 Bed Rent | $1,550 | $1,550 |
| 4 Bed Rent | $1,650 | $1,650 |
% of Rental Stock
Property Listings — Wellton, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Wellton, AZ is 111. This is a increase of 59.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 1.0% |
Listing Count | 60 | 59.0% |
| Listings as % of Homes | 1.4% | 59.0% |
Days on Market | 111 | 59.0% |
Demographics — Wellton, AZ
As of the latest ACS Survey released in 2023, Wellton, AZ has a population of 3,790, which has decreased by -22.5% over the past 5 years. Wellton, AZ is a moderately popular place for families, as children make up 16.4% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,790 | -22.5% |
% Under 18 | 16.4% | -1.2% |
% Seniors | 41.5% | 27.3% |
% WFH | 17.2% | 95.5% |
% w/ College Degree | 18.5% | 40.2% |
As of the latest ACS Survey released in 2023, Wellton, AZ is a predominantly white area, with 72.3% of the population identifying as white. The white population has grown by 39.8% in the last 5 years. The second most common race or ethnicity in Wellton, AZ is hispanic, making up 22.3% of the population. Foreign-born residents account for 18.9% of the population in Wellton, AZ, and this percentage has decreased by 16.7% 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 | 72.3% | 39.8% |
% Black | 0.5% | ∞% |
% Hispanic | 22.3% | -51.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 18.9% | -16.7% |
Mortgage and Risk — Wellton, AZ
According to HUD data as of 2023, there were 118 mortgage originations in Wellton, AZ, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Wellton, 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 | 118 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Wellton, AZ
As of 2024, the percent of homes in Wellton, AZ under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Wellton, AZ, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $500 | $1,000 |
| 2 Bedroom | -$240 | $1,550 | $1,310 |
| 3 Bedroom | $240 | $1,550 | $1,790 |
| 4 Bedroom | $550 | $1,650 | $2,200 |
Affordability — Wellton, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $253,000 |
| Median Household Income | $56,400 |