Clarkdale, AZ86324

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$465,000
0.2% YoY Growth
Median Household Income
$32,600
33.5% 5-Year Growth
Days on Market
122
89.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,810
5.7% YoY Growth
1-Bed Rent
$1,050
2.9% YoY Growth
2-Bed Rent
$1,650
3.0% YoY Growth
3-Bed Rent
$2,000
0.5% YoY Growth

Property Listings — Clarkdale, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Clarkdale, AZ is 122. This is a increase of 89.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$611,000-6.0%
Listing Count
4513.0%
Listings as % of Homes1.3%13.0%
Days on Market
12289.0%
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Demographics — Clarkdale, AZ

As of the latest ACS Survey released in 2023, Clarkdale, AZ has a population of 4,650, which has increased by 1.2% over the past 5 years. Clarkdale, AZ is a less popular place for families, as children make up 11.0% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,6501.2%
% Under 18
11.0%1.9%
% Seniors
40.5%11.9%
% WFH
10.5%377.3%
% w/ College Degree
24.4%17.9%
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As of the latest ACS Survey released in 2023, Clarkdale, AZ is a predominantly white area, with 82.0% of the population identifying as white. The white population has grown by 5.8% in the last 5 years. The second most common race or ethnicity in Clarkdale, AZ is hispanic, making up 13.4% of the population. Foreign-born residents account for 4.3% of the population in Clarkdale, AZ, and this percentage has decreased by 27.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
82.0%5.8%
% Black
0.1%-94.1%
% Hispanic
13.4%-9.5%
% Asian
0.4%-63.6%
% Foreign Born
4.3%-27.1%
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Mortgage and Risk — Clarkdale, AZ

According to HUD data as of 2023, there were 162 mortgage originations in Clarkdale, AZ, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Clarkdale, AZ. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
162
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
1.0%
% Second Loans
5.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Clarkdale, AZ

As of 2024, the percent of homes in Clarkdale, AZ under the Section 8 program is 0.4%. 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. In Clarkdale, AZ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
0.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$0$1,050$1,050
2 Bedroom-$350$1,650$1,300
3 Bedroom-$210$2,000$1,790
4 Bedroom-$1,140$3,200$2,060

Affordability — Clarkdale, AZ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio13.4
Median Home Price$465,000
Median Household Income$32,600

Clarkdale, AZ — ZIP Code Boundary Map

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Frequently Asked Questions