Fourth Avenue Extension Neighborhood Overview
Fourth Avenue Extension is a neighborhood in Yuma, Arizona, primarily within the 85364 ZIP code. It presents a balanced housing market with a median home value of $180,400 and a median gross rent of $907 per month. The neighborhood has a homeownership rate of 58.2%, indicating a community where a majority of residents own their homes, while a significant portion, 41.8%, are renters. The average home size is approximately 1,200 square feet, offering moderately sized living spaces.
The local mortgage market is active, with 1,009 total loan originations recorded. Conventional loans were the most common financing method with 600 originations, followed by 274 FHA loans and 133 VA loans. This mix suggests a market accessible to a range of buyers, including veterans and first-time homebuyers. The neighborhood is categorized as a Main market tier, reflecting its established, core residential character within the Yuma area.
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