85348 Housing Market Report April 2025La Paz County, Arizona

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Housing Prices in 85348, AZ

How much do homes in 85348, AZ cost?

Housing Market Conditions

Is 85348, AZ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

85348 is a Seller's Market

Difference Since March 2025

Last month, 85348 was a Neutral Market.

Insight

85348 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$220,000$127/SqFt
+$95,000
+76.0%

Based on all homes sold in April 2025

Insight

Homes in 85348 have sold for 76% more than they did a month ago.

Summary: The median home sold price in 85348 was $220,000 in April 2025, up 76% from last month, and the median price per square foot was $127.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
85348
+76.0%
85346
-47.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1$125K-
N/A
2--
N/A
3-$220K
N/A
4--
N/A
5--
N/A

Summary: 85348 housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 85348, AZ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

85348, AZ

Housing supply in 85348, AZ

How many homes are available in 85348, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
62 months agoMar 2025
-16.7 %
Change MoMMar – Apr

Summary: The 85348 real estate market had 5 homes for sale in Apr 2025, a 16.7 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
12 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
132
-33.3%
211
0.0%
322
0.0%
400
0.0%
500
0.0%

Summary: 85348 housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 85348, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 85348, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 85348 in April 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 85348, AZ

How long does it take to sell a home in 85348, AZ?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in 85348 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 1 homes were sold in 85348; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
284 DaysLast MonthApr 2025
17 Days1 month agoMar 2025
+1570.6 %
Change MoMMar – Apr

Summary: Homes in 85348 had an average listing age of 284 days in Apr 2025, up by 1570.6% compared to the previous month.

Newest Listings in 85348, AZ

What homes are available in 85348, AZ?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, Lake Havasu Association of REALTORS MLS, Houston REALTORS® Information Service, and Yuma Association of REALTORS MLS for the period 03/01/2025 - 05/01/2025

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 3:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright © 2025 Lake Havasu Association of REALTORs®. All Rights Reserved. Information deemed reliable but not guaranteed. Listing information provided in part by the Lake Havasu Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 3:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/6/2025, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
This data is provided by the Yuma Association of REALTORS®, Inc. Multiple Listing Service. Real Estate listings held by brokerage firms other than Long Realty Yuma are marked with the Broker Reciprocity ℠ logo or the Broker Reciprocity thumbnail logo. This information is deemed reliable, but not guaranteed. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 3:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.