Double Adobe—85608
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Double Adobe
Double Adobe 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
No data available
Rental Trends — Double Adobe
Double Adobe 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
No data available
Property Listings — Double Adobe
Double Adobe 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 — Double Adobe
As of the latest ACS Survey released in 2023, Double Adobe has a population of 2,940, which has decreased by -40.9% over the past 5 years. Double Adobe is a less popular place for families, as children make up 0.0% of the population. The area has a poorly educated workforce, with 1.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,940 | -40.9% |
% Under 18 | 0.0% | N/A |
% Seniors | 1.6% | 128.6% |
% WFH | 0.0% | N/A |
% w/ College Degree | 1.3% | -45.8% |
As of the latest ACS Survey released in 2023, Double Adobe is a predominantly hispanic area, with 48.4% of the population identifying as hispanic. The hispanic population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Double Adobe is white, making up 32.8% of the population. Foreign-born residents account for 9.7% of the population in Double Adobe, and this percentage has decreased by 53.6% 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 | 32.8% | 7.2% |
% Black | 12.8% | -4.5% |
% Hispanic | 48.4% | -3.6% |
% Asian | 0.9% | 800.0% |
% Foreign Born | 9.7% | -53.6% |
Mortgage and Risk — Double Adobe
According to HUD data as of 2023, there were 1 mortgage originations in Double Adobe, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 91.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Double Adobe. 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 | 1 |
% 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 — Double Adobe
Double Adobe 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 | $860 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Double Adobe
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |