Lake Havasu City Housing Market Report February 2025•Mohave County, Arizona

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Housing Prices in Lake Havasu City, AZ

How much do homes in Lake Havasu City, AZ cost?

Housing Market Conditions

Is Lake Havasu City, 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

Lake Havasu City is a Buyer's Market

Difference Since February 2024

At the same time last year, Lake Havasu City was a Seller's Market.

Insight

Lake Havasu City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$510,328$314/SqFt
+$32,348
+6.8%

Based on all homes sold in the last 12 months

Insight

Homes in Lake Havasu City have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Lake Havasu City was $510,328 in February 2025, up 6.8% from last year, and the median price per square foot was $314.

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$180K$192K
+6.7%
2$337K$360K
+6.8%
3$499.9K$530.4K
+6.1%
4$830.5K$825K
-0.7%
5$1.0M$1.2M
+20.7%

Summary: Lake Havasu City housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.7%. The home price for 2 bedroom homes increased by +6.8%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes decreased by -0.7%. The home price for 5 bedroom homes increased by +20.7%.

Housing supply in Lake Havasu City, AZ

How many homes are available in Lake Havasu City, 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
796Last MonthFeb 2025
7092 months agoJan 2025
+12.3 %
Change MoMJan – Feb

Summary: The Lake Havasu City real estate market had 796 homes for sale in Feb 2025, a 12.3 % increase 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
106Last MonthFeb 2025
932 months agoJan 2025
+14.0 %
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
13840
+5.3%
2123140
+13.8%
3426468
+9.9%
4105122
+16.2%
51726
+52.9%

Summary: Lake Havasu City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +5.3%. The inventory for 2 bedroom homes increased by +13.8%. The inventory for 3 bedroom homes increased by +9.9%. The inventory for 4 bedroom homes increased by +16.2%. The inventory for 5 bedroom homes increased by +52.9%.

Asking Price vs. Sold Price

How much do homes in Lake Havasu City, 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 Price14 Homes

At Asking Price17 Homes

Under Asking Price75 Homes

Insight

If you're buying a home in Lake Havasu City, you may be able to get a good deal. 70.8% of homes here sold below asking price last month.

Summary: A total of 106 homes were sold or pending in Lake Havasu City in February 2025, up by 14.0% month-over-month. Of the 106 sold homes, 71% were sold under asking, 16% were sold at asking, and and 13% were sold over asking.

Days on Market for Lake Havasu City, AZ

How long does it take to sell a home in Lake Havasu City, AZ?

Breakdown of Home Sale Times

Under 30 Days34 Homes

30 – 90 Days33 Homes

Over 90 Days31 Homes

Insight

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

Summary: During February 2025, 106 homes were sold in Lake Havasu City; 32% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 29% 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
81 DaysThis YearFeb 2025
61 Days1 year agoFeb 2024
+32.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Lake Havasu City had an average listing age of 81 days in Feb 2025, up by 32.9% compared to the previous year.

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Newest Listings in Lake Havasu City, AZ

What homes are available in Lake Havasu City, AZ?

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MLS Disclaimers and Copyright

Based on information from Lake Havasu Association of REALTORS MLS, Western Arizona Realtor Data Exchange, Arizona Regional MLS, Northern Arizona Multiple Listing Service, and California Regional MLS for the period 03/01/2023 - 03/01/2025

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: 3/3/2025, 4:15:58 AM 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 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: 3/3/2025, 4:15:58 AM 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: 3/2/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 4:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.