Investor-grade market analytics for Nogales, Arizona. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$272,159
-0.5% year-over-year
6.3%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 86% nationally
In-migrants avg $49,191 AGI vs out-migrants $41,171
Opportunity Zone Market
1 ZIP codes in Nogales are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Nogales, AZ is experiencing a correction with -0.5% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.08x, above the national average of 4.8x. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 6.32% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Nogales, AZ's primary climate exposure is wildfire (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.