What is the Best Neighborhoods USA ranking for Coldwater Ridge?
Coldwater Ridge is ranked #2 of 23 eligible neighborhoods in Avondale; #139 of 746 eligible neighborhoods in AZ; and #2,771 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Coldwater Ridge
Avondale, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
64.0
Stability and Strength
77.2
Value Opportunity
76.6
Momentum
25.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Avondale, AZ |
| County | Maricopa County |
| National rank | #2,771 of 14,967 |
| State rank | #139 of 746 |
| City rank | #2 of 23 |
| County rank | #134 of 546 |
| National percentile | 81.5 |
| National band | TOP_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $400,177 |
| Year-over-year home value change | -1.6% |
| Month-over-month home value change | -0.29% |
| Home value to income ratio | 3.33 |
| Median household income | $120,142 |
| Bachelor's degree or higher | 21.7% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 94.1% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 18.4% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Coldwater Ridge
Is Coldwater Ridge one of the best neighborhoods in Avondale?
Coldwater Ridge has a Best Neighborhoods USA Index of 64.0 and a city ranking of #2 of 23 eligible neighborhoods in Avondale.
How much are homes worth in Coldwater Ridge?
The current Zillow Home Value Index for Coldwater Ridge is approximately $400,177.
Are home values rising or falling in Coldwater Ridge?
Zillow neighborhood values changed -1.6% year over year and -0.29% month over month.
What is the Neighborhood Momentum Score for Coldwater Ridge?
Coldwater Ridge has a Neighborhood Momentum Score of 25.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Coldwater Ridge?
The NDS-derived neighborhood median household income is approximately $120,142.
How affordable is Coldwater Ridge relative to household income?
The current Zillow home-value-to-household-income ratio is 3.33. Price-to-income affordability is a major Value Opportunity input.
Is Coldwater Ridge primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 94.1%.
What is the unemployment rate in Coldwater Ridge?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Coldwater Ridge?
Approximately 21.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Coldwater Ridge face high rent burden?
Approximately 18.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Coldwater Ridge?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications43
Estimated originations21
Home-purchase applications13
Origination rate49.6%
Home-purchase share31.1%
Average application loan$228,274
Total application loan amount$9,797,551
National application rank#7,846 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.8% YoY; originations -8.3% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.