El Descanco Neighborhood Overview
El Descanco is a neighborhood in Yuma, Arizona, primarily within the 85364 ZIP code. It presents a balanced housing market, with a homeownership rate of 58.2% and a renter-occupied rate of 41.8%. The market is characterized by modestly sized homes, averaging around 1,200 square feet, and is considered a Main market tier, indicating its established, core residential nature within the city.
The housing market snapshot shows affordability, with a median home value of $180,400 and a median gross rent of $907 per month. This aligns with the median household income of $53,877. Recent mortgage data shows robust activity, with 1,009 total loan originations. Conventional loans were the most common at 600, followed by 274 FHA loans and 133 VA loans, indicating a mix of financing options utilized by buyers in the area.
Top10Lists.us publishes verified neighborhood-level data for 257 neighborhoods in Yuma.