Grand Canyon Village—86023
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grand Canyon Village
Grand Canyon Village 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 — Grand Canyon Village
Grand Canyon Village 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 — Grand Canyon Village
Grand Canyon Village 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 — Grand Canyon Village
As of the latest ACS Survey released in 2023, Grand Canyon Village has a population of 2,040, which has decreased by -17.7% over the past 5 years. Grand Canyon Village is a less popular place for families, as children make up 11.9% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,040 | -17.7% |
% Under 18 | 11.9% | -27.4% |
% Seniors | 1.7% | -69.1% |
% WFH | 8.0% | 66.7% |
% w/ College Degree | 28.2% | 24.8% |
As of the latest ACS Survey released in 2023, Grand Canyon Village is a predominantly white area, with 59.6% of the population identifying as white. The white population has grown by 11.6% in the last 5 years. The second most common race or ethnicity in Grand Canyon Village is hispanic, making up 16.7% of the population. Foreign-born residents account for 2.0% of the population in Grand Canyon Village, and this percentage has decreased by 70.6% 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 | 59.6% | 11.6% |
% Black | 1.1% | -54.2% |
% Hispanic | 16.7% | 54.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.0% | -70.6% |
Mortgage and Risk — Grand Canyon Village
According to HUD data as of 2023, there were 21 mortgage originations in Grand Canyon Village, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Grand Canyon Village. 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 | 21 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Grand Canyon Village
Grand Canyon Village 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 | $1,710 |
| 2 Bedroom | N/A | N/A | $1,940 |
| 3 Bedroom | N/A | N/A | $2,380 |
| 4 Bedroom | N/A | N/A | $2,660 |
Affordability — Grand Canyon Village
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $69,700 |