86401 Housing Market Report February 2025•Mohave County, Arizona

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Housing Prices in 86401, AZ

How much do homes in 86401, AZ cost?

Housing Market Conditions

Is 86401, 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

86401 is a Seller's Market

Difference Since February 2024

Since last year, 86401 has remained a Seller's Market.

Insight

86401 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.
$298,937$198/SqFt
+$9,264
+3.2%

Based on all homes sold in the last 12 months

Insight

Homes in 86401 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 86401 was $298,937 in February 2025, up 3.2% from last year, and the median price per square foot was $198.

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 YoY
86401
+3.2%
86409
+1.6%

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.
BedsFeb 2024Feb 2025Change YoY
1$186.5K$145K
-22.3%
2$194.2K$200K
+3.0%
3$270K$285.9K
+5.9%
4$399.7K$397.5K
-0.6%
5$600K$665K
+10.8%

Summary: 86401 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -22.3%. The home price for 2 bedroom homes increased by +3.0%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes decreased by -0.6%. The home price for 5 bedroom homes increased by +10.8%.

How does 86401, AZ compare with other places?

Market comparison tool

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

86401, AZ

Housing supply in 86401, AZ

How many homes are available in 86401, 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
224Last MonthFeb 2025
2322 months agoJan 2025
-3.4 %
Change MoMJan – Feb

Summary: The 86401 real estate market had 224 homes for sale in Feb 2025, a 3.4 % decrease compared to Jan 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
41Last MonthFeb 2025
412 months agoJan 2025
0.0 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
143
-25.0%
21924
+26.3%
3146137
-6.2%
45757
0.0%
563
-50.0%

Summary: 86401 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes increased by +26.3%. The inventory for 3 bedroom homes decreased by -6.2%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in 86401, 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 Price4 Homes

At Asking Price18 Homes

Under Asking Price19 Homes

Insight

If you're buying a home in 86401, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 86401 in February 2025, the same as the previous month. Of the 41 sold homes, 46% were sold under asking, 44% were sold at asking, and and 10% were sold over asking.

Days on Market for 86401, AZ

How long does it take to sell a home in 86401, AZ?

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days12 Homes

Over 90 Days14 Homes

Insight

Many homes in 86401 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 41 homes were sold in 86401; 34% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 34% 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.
This Year1 year agoChange YoY
68 DaysThis YearFeb 2025
58 Days1 year agoFeb 2024
+18.2 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 86401 had an average listing age of 68 days in Feb 2025, up by 18.2% compared to the previous year.

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Newest Listings in 86401, AZ

What homes are available in 86401, AZ?

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MLS Disclaimers and Copyright

Based on information from Western Arizona Realtor Data Exchange, Lake Havasu Association of REALTORS MLS, Arizona Regional MLS, Prescott Area MLS, and MLS of Oklahoma for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Western Arizona Realtor Data Exchange (WARDEX). 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, and that the data is deemed reliable but is not guaranteed accurate by the Service. Copyright © 2025 Western Arizona Realtor Data Exchange (WARDEX). 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: 3/12/2025, 10:15:58 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: 3/12/2025, 10:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/12/2025, 10:22:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Prescott Area Association Of Realtors, Inc. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 Prescott Area Association Of Realtors, 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: 3/12/2025, 10:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site 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. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.