Los Nidos Neighborhood Overview
Los Nidos is a neighborhood in Yuma, Arizona, situated within the 85364 ZIP code. It is characterized as a Main market tier community, indicating a stable and established residential area. The neighborhood's housing market is accessible, with a median home value of $180,400 and homes averaging around 1,200 square feet in size. The homeownership rate stands at 58.2%, reflecting a community where a majority of residents own their homes, while the renter-occupied rate is 41.8%.
The local housing finance activity shows robust demand, with 1,009 total mortgage originations. Conventional loans were the most common financing method with 600 originations, followed by 274 FHA loans and 133 VA loans. This diverse mix of loan types supports a varied buyer pool. The median gross rent in Los Nidos is $907 per month, and the median household income is $53,877, providing context for the area's affordability and economic profile.
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