La Mesa Manor Neighborhood Overview
La Mesa Manor 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 corresponding renter-occupied rate of 41.8%. This mix provides options for both buyers and renters, with the median gross rent recorded at $907 per month.
The housing market snapshot shows affordability, with a median home value of $180,400 and an average home size of approximately 1,200 square feet. Recent mortgage activity is robust, with 1,009 total HMDA loan originations in the latest period. This lending was led by 600 conventional originations, supported by 274 FHA loans and 133 VA loans, indicating a market accessible to a variety of buyers, including veterans and those with lower down payments.
Neighborhood character is shaped by its resident demographics, where the median household income is $53,877. This income level aligns with the area's accessible home values, suggesting a community where homeownership is within reach for many working households. The data reflects a stable, established neighborhood within the Yuma landscape.
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