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La Paz County, AZ housing market

Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$261,246−1.1% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 10% have cut their price
Income needed to buy, per year$56,633About 1.1× the local median income ($51,062): a stretch for a typical household
Days on market129 daysSlower than a year ago: buyers have time to negotiate

The typical home in La Paz County, AZ is worth $261,246, down 1.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $234,507, so the area is 11.4% overvalued. It is a buyer's market: homes take about 129 days to sell, listings are up 39% from a year ago, 10% of listings have had a price cut. A household needs about $56,633 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $51,062. Typical rent is $757 a month. In the latest IRS figures, 144 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$261,246
Change in 1 year−1.1%
Overvalued %+11.4%
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Fair home value$234,507
Change in 5 years+18.2%
Home value to income5.1×
Monthly mortgage payment (20% down)$1,416
Income needed to afford it$56,633
Property tax rate0.64%

Rent and investing

Typical rent$757
Price-to-rent ratio28.8×
HUD Fair Market Rent, 2 bedrooms$1,038
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Gross rental yield3.48%
Cap rate (estimate)2.26%

Market activity

Listings vs a year ago+38.8%
Days on market129
Listings with a price cut10.2%
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Homes for sale93
Pending sales per 100 listings4
Asking price per sq ft$254

People and jobs

Median household income$51,062
Population change (1 year)+0.2%
Unemployment rate10.0%
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Population16,711
Income adjusted for cost of living$62,499
Net moves in (IRS)+144
Cost of living (US = 100)81.7

Schools, risk and environment

School rating (1 to 10)3.4
FEMA hazard risk score (0 to 100)83.5
Unhealthy air days a year1
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Flood risk score91.5
Wildfire risk score70.2
Walkability (1 to 20)5.1
Road, rail and air noise55 dB

Questions people ask

Is La Paz County, AZ overvalued?
Home prices in La Paz County, AZ are well above what local incomes have historically supported: fair value is about $234,507, so the area is 11.4% overvalued.
Is La Paz County, AZ a buyer's or seller's market?
La Paz County, AZ is a buyer's market: homes take about 129 days to sell, listings are up 39% from a year ago, 10% of listings have had a price cut.
Are home prices going down in La Paz County, AZ?
Home values in La Paz County, AZ are down 1.1% over the last year.
How much do you need to earn to buy a home in La Paz County, AZ?
A household needs about $56,633 a year to afford the typical home in La Paz County, AZ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $51,062.

Nearby and similar counties

ZIP codes in La Paz County (open on the map)

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