Lake Havasu City, AZ

Population: 52,844
Average annual home appreciation rate: 4.88%
Total of homes for sale in this market: 1,473
Median home price: $217,352
Median Rent: $837 per room
Home price range: 38.11% of homes are between $105,001 – $211,000
Median sales price: $168,950
Number of homes: 193
Median foreclosure sales price: $166,200
Foreclosure discount: 2%
Most common home type: 78.38% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 30.80%
Number of renters: 26.59%
Number of owner occupied: 73.41%
Number people living below poverty level: 13.43%
Unemployment rate: 8.80%
Is this area perfect for real estate deals going on right now? Relative to Arizona, our data show that Lake Havasu City’s latest annual appreciation rate is higher than 60% of the other cities and towns in Arizona. For a real estate investor, Lake Havasu City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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