A typical Blackwater home is worth roughly $265,000
Home prices around Blackwater have risen about 65% over the past 5 years.
What kind of housing town is Blackwater?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Blackwater
Try your own numbers below.
That covers a typical Blackwater home, with $66K to spare.
A two-bedroom rents for about $1,690 a month here, $190 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Arizona typical property tax (0.48% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
71% of Blackwater households own their home
Half of Blackwater’s homes were built before 2002.
Arizona: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 65% in 5 years
The federal house price index for the ZIP codes around Blackwater rose 65% over the past 5 years, faster than across Arizona (55%). Last year prices rose 1.3%. Carrying the Census median home value forward with that index puts the typical Blackwater home at roughly $265,000 today.
Carrying the Census median forward with the index puts a typical home at about $265K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Blackwater, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,690
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Phoenix-Mesa-Chandler, AZ MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Blackwater vs. its neighbors
Blackwater is the least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Blackwater buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.