Kachina Estates Neighborhood Overview
Kachina Estates is a neighborhood in Yuma, Arizona, primarily served by ZIP code 85364. It presents a balanced housing market, categorized as a "Main" market tier, with a homeownership rate of 58.2% and a renter-occupied rate of 41.8%. The neighborhood offers accessible homeownership, with a median home value of $180,400 and an average home size of approximately 1,200 square feet. The rental market is also affordable, with a median gross rent of $907 per month.
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, indicating a mix of buyers utilizing various loan programs. The median household income in Kachina Estates is $53,877, which aligns with the area's relatively modest home prices, suggesting housing costs are within reach for many residents.
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