Valentine, AZ

Valentine, AZ is a small town located in the Mohave Valley of Arizona. The population was just over 2,000 in 2010 and is projected to grow to 3,500 by 2020. Valentine has a strong agricultural economy with crops such as cotton, alfalfa, and wheat being the mainstay of its economy. However, due to its location and proximity to Las Vegas and Phoenix, Valentine has seen an increase in real estate activity in recent years.

The majority of Valentine's real estate consists of single-family homes and duplexes. There are also a few commercial properties available for sale including a hotel and several office buildings. The average price for a home in Valentine is $130,000 while the median price is $140,000. The average list price for a home has increased by 10% over the past year while the median list price has increased by 5%.

The primary drivers of growth in Valentine's real estate market are likely attributable to two factors: 1) an influx of new residents due to its proximity to major metropolitan areas; and 2) an increase in job opportunities due to the growth of the local agricultural industry. While there are some concerns that this growth may lead to increasing housing prices out-of-reach for many potential buyers, overall it appears that Valentine's real estate market is healthy and poised for continued growth over the next few years.