Smith's Subdivision Neighborhood Overview
Smith's Subdivision is a neighborhood in Yuma, Arizona, primarily served by the 85364 ZIP code. It represents a Main market tier, indicating a stable, established residential area. The neighborhood's housing market is active, with recent mortgage data showing 1,009 total loan originations, demonstrating consistent buyer demand. The financing mix is diverse, with Conventional loans (600) being the most common, followed by FHA loans (274) and VA loans (133), suggesting a market accessible to a range of buyers, including veterans and first-time homebuyers.
The housing snapshot reveals a median home value of $180,400, with the average home size around 1,200 square feet. This positions Smith's Subdivision as an affordable option within Yuma. The homeownership rate is 58.2%, with a corresponding renter-occupied rate of 41.8%, reflecting a balanced mix. For renters, the median gross rent is $907 per month. The median household income in the neighborhood is $53,877, which aligns with the local housing costs, suggesting residents are generally well-matched to the market.
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