Overgaard—85933
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Overgaard
As of Oct '25, the median home price in Overgaard is $373,000, with a year-over-year change of -1.6%. This indicates that home prices in Overgaard are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | -1.6% |
| Single Family | $377,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $322,000 | -1.5% |
3 Bed | $476,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Overgaard
As of July '25, Rentcast reports the average rent in Overgaard is $2,080, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Overgaard is 1-bedrooms: $2,700, 2-bedrooms: $1,450. The most common rental property sizes in Overgaard are 2-bedroom and 1-bedroom, accounting for 48.2% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,700 | $2,700 |
| 2 Bed Rent | $1,450 | $1,450 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Overgaard
As of Oct '25, Realtor.com reports that the median days on market for a home in Overgaard is 100. This is a decrease of -6.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | 8.0% |
Listing Count | 128 | 26.0% |
| Listings as % of Homes | 0.9% | 26.0% |
Days on Market | 100 | -6.0% |
Demographics — Overgaard
As of the latest ACS Survey released in 2023, Overgaard has a population of 3,990, which has increased by 50.0% over the past 5 years. Overgaard is a moderately popular place for families, as children make up 15.3% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,990 | 50.0% |
% Under 18 | 15.3% | 24.4% |
% Seniors | 34.6% | -9.2% |
% WFH | 12.3% | 119.6% |
% w/ College Degree | 13.6% | -42.4% |
As of the latest ACS Survey released in 2023, Overgaard is a predominantly white area, with 88.7% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Overgaard is hispanic, making up 4.8% of the population. Foreign-born residents account for 3.9% of the population in Overgaard, and this percentage has increased by 95.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.7% | -1.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.8% | 2.1% |
% Asian | 1.7% | 325.0% |
% Foreign Born | 3.9% | 95.0% |
Mortgage and Risk — Overgaard
According to HUD data as of 2023, there were 227 mortgage originations in Overgaard, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Overgaard. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 227 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 33.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Overgaard
Overgaard lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | -$1,750 | $2,700 | $950 |
| 2 Bedroom | -$210 | $1,450 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,530 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Overgaard
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $373,000 |
| Median Household Income | $60,100 |