Casa Manana Estates Neighborhood Overview
Casa Manana Estates is a neighborhood in Yuma, Arizona, characterized by a Main market tier and a primary ZIP code of 85364. The housing market here presents an accessible entry point, with a median home value of $180,400 and homes averaging 1,200 square feet. The neighborhood has a solid homeownership base, with 58.2% of units owner-occupied, while a significant 41.8% are renter-occupied. The median gross rent for these units is $907 per month, offering a relatively affordable rental alternative in the area.
The local mortgage market activity, with 1,009 total HMDA loan originations, indicates steady demand. Financing is predominantly conventional, with 600 such loans originated, while government-backed programs also play a role, including 274 FHA loans and 133 VA loans. This mix suggests the neighborhood attracts a variety of buyers, including veterans and first-time purchasers. The median household income of $53,877 aligns with the area's housing costs, supporting the current market dynamics.
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