Graham County’s decision tension is a positive price record without published income-return evidence; yield-dependent buyers should be cautious, while buyers able to verify local rent and flood exposure should investigate. The June 2026 Zillow county median home value was $232,232, up 0.48% year over year. Separately, the 2025 FHFA repeat-transaction HPI rose 0.87% year over year and 48.98% cumulatively over five years. The HPI is not a home value, and its vintage and method cannot be combined with Zillow into one appreciation rate.
Market rent is not published, so gross yield cannot be calculated. HUD’s two-bedroom Fair Market Rent is $925 per month, a payment standard rather than an estimate of asking rent, and cannot fill that gap. This leaves the price-to-rent relationship untested while the effective property-tax rate is 0.57%, with median annual property tax of $979; these county measures do not establish a subject property’s bill. Modeled climate loss equals 0.23% of building value per year, consistent with inland flood as the dominant hazard, but it is not an address-level insurance or damage estimate.
In 2025, QCEW recorded 1,953 annual average covered jobs at workplaces in the county, down 2.88% from its prior annual average. Construction was the largest disclosed private supersector, not a description of the whole economy. Net migration was two tax-return households; incoming movers’ average income was a calculated $4,372 below outgoing movers’ average. Investor purchases were eight of 75 total purchases, or 10.67%; that participation indicates some non-owner competition but does not prove broad buyer demand or pricing power.
The record has no published Realtor.com MLS listing price, active-listing, days-on-market, price-reduction, or pending evidence for its June 2026 inventory label; visible supply, marketing time, and seller concessions therefore cannot be assessed. Missing market-rent comparables and vacancy information prevent income underwriting beyond the statement that yield is uncomputable. Next checks are address-level flood mapping and insurance quotes, lease and rent comparables, operating costs, and transaction-level sales evidence; county averages cannot resolve property condition, coverage, or a feasible rent-to-cost relationship.