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Grand Canyon Times

Tuesday, December 3, 2024

Home vacancies in Arizona did not change from 2020 to 2021

Realestate1

Arizona's home vacancy rate was 0.8 percent in 2021, the same as in the previous year, according to the U.S. Census Bureau report released in March.

The home vacancy rate is the proportion of the homeowner inventory that is vacant and for sale at the time of the survey.

The bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country. The bureau also collects information on homeownership vacancies, as well as specific characteristics about housing units, such as the age of household members, family status, race/ethnicity, and median family income.

The overall home vacancy rate in the U.S. was 0.9 percent in 2021, a decrease of 0.1 percent from 2020.

Data was collected on May 17 from the U.S. Census Bureau.

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