Bear Canyon Junction—85550
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bear Canyon Junction
Bear Canyon Junction lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bear Canyon Junction
Bear Canyon Junction lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Bear Canyon Junction
Bear Canyon Junction lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Bear Canyon Junction
As of the latest ACS Survey released in 2023, Bear Canyon Junction has a population of 5,620, which has increased by 12.5% over the past 5 years. Bear Canyon Junction is a popular place for families, as children make up 30.3% of the population. The area has a poorly educated workforce, with 4.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,620 | 12.5% |
% Under 18 | 30.3% | -20.9% |
% Seniors | 8.3% | 23.9% |
% WFH | 5.2% | 188.9% |
% w/ College Degree | 4.4% | -40.5% |
As of the latest ACS Survey released in 2023, Bear Canyon Junction is a predominantly white area, with 1.8% of the population identifying as white. The white population has grown by 63.6% in the last 5 years. The second most common race or ethnicity in Bear Canyon Junction is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.8% of the population in Bear Canyon Junction, and this percentage has decreased by 11.1% 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 | 1.8% | 63.6% |
% Black | 0.1% | ∞% |
% Hispanic | 1.2% | -82.9% |
% Asian | 0.8% | -27.3% |
% Foreign Born | 0.8% | -11.1% |
Mortgage and Risk — Bear Canyon Junction
According to HUD data as of 2023, there were 4 mortgage originations in Bear Canyon Junction, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 98.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Bear Canyon Junction. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 4 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Bear Canyon Junction
Bear Canyon Junction 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 | $940 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,650 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Bear Canyon Junction
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $50,200 |