Fort Defiance, Arizona Real Estate & Housing Market

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Fort Defiance Housing Information

Index	Fort Defiance	Arizona	National
Median home price	$38,300	$176,900	$184,700
Median rent asked	$440	$937	$949
Avg. people per household	4.2	2.7	2.6
Owner occupied households	58.2%	62.6%	63.6%
Renter occupied households	41.8%	37.4%	36.4%

Above, you will see a summary of real estate in Fort Defiance, AZ. On average, homes in Fort Defiance, AZ cost $38,300, a value that is 78% lower than the average in Arizona. In general terms, this results in Fort Defiance, AZ real estate being more affordable than Arizona real estate. On average, people who rent houses in Fort Defiance, AZ pay $440; this value is 53% lower than the average amount renters pay in Arizona. 58.2% of Fort Defiance, AZ residents own their own homes and, on average, each of the homes has 4.2 occupants. Fort Defiance, AZ real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Fort Defiance, AZ is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Fort Defiance Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Fort Defiance, AZ. To estimate home affordability, one method is to use the ratio of home price to median household income. The Fort Defiance, AZ’s median home price stands at $38,300 while $27,969 is the value of the average household income. The resulting home price to income ratio, which is 1.4x, differs from the Arizona average as the ratio is 60% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Fort Defiance, AZ are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Fort Defiance, AZ.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Navajo, NM	1,866	$37,500	80%
Sawmill, AZ	652	$52,500	72%
Nakaibito, NM	424	$55,000	70%
Window Rock, AZ	3,355	$63,100	66%
Rock Springs, NM	513	$73,000	60%
Fort Defiance, AZ	4,022	$38,300	79%

Cities with similar population

City, State	Population	Home Price	National Avg.
Nicholls, GA	4,021	$35,000	81%
Mosinee, WI	4,023	$118,800	36%
Rossville, GA	4,020	$79,800	57%
Hamilton, NY	4,020	$233,800	27%
Montpelier, OH	4,024	$75,000	59%
Fort Defiance, AZ	4,022	$38,300	79%

Source: The Fort Defiance, AZ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).