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Lake Havasu City-Kingman, AZ housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$349,800+2.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$75,829About 1.2× the local median income ($61,016): a stretch for a typical household
Days on market74 daysAbout the same pace as a year ago
Next 12 months−1.2%Zillow expects prices to dip slightly

The typical home in Lake Havasu City-Kingman, AZ is worth $349,800, up 2.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $320,935, so the area is 9.0% overvalued. It is a buyer's market: homes take about 74 days to sell, listings are up 8% from a year ago, 22% of listings have had a price cut. Zillow expects prices to fall about 1.2% over the next year. A household needs about $75,829 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 $61,016. Typical rent is $1,540 a month, or $1,783 for a house. In the latest IRS figures, 3,180 more people moved in than out.

Home value over time

$0K$100K$200K$300K19801990200020102020
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$349,800
Change in 1 year+2.0%
Overvalued %+9.0%
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Fair home value$320,935
Change in 5 years+8.2%
Zillow forecast, next 12 months−1.2%
Home value to income5.7×
Monthly mortgage payment (20% down)$1,896
Income needed to afford it$75,829
Property tax rate0.44%

Rent and investing

Typical rent$1,540
Typical rent for houses$1,783
Price-to-rent ratio18.9×
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HUD Fair Market Rent, 2 bedrooms$1,229
Gross rental yield5.28%
Cap rate (estimate)3.43%

Market activity

Listings vs a year ago+8.4%
Days on market74
Listings with a price cut21.5%
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Homes for sale1,646
Pending sales per 100 listings19
Asking price per sq ft$248

People and jobs

Median household income$61,016
Population change (1 year)+0.8%
Unemployment rate7.2%
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Population228,102
Income adjusted for cost of living$64,842
Net moves in (IRS)+3,180
Cost of living (US = 100)94.1

Schools, risk and environment

School rating (1 to 10)5.5
FEMA hazard risk score (0 to 100)94.8
Unhealthy air days a year2
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Flood risk score97.1
Wildfire risk score98.8
Walkability (1 to 20)6.9
Road, rail and air noise54 dB

Questions people ask

Is Lake Havasu City-Kingman, AZ overvalued?
Home prices in Lake Havasu City-Kingman, AZ are slightly above what local incomes have historically supported: fair value is about $320,935, so the area is 9.0% overvalued.
Is Lake Havasu City-Kingman, AZ a buyer's or seller's market?
Lake Havasu City-Kingman, AZ is a buyer's market: homes take about 74 days to sell, listings are up 8% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Lake Havasu City-Kingman, AZ?
Home values in Lake Havasu City-Kingman, AZ are up 2.0% over the last year. Zillow's forecast for the next 12 months is −1.2%.
How much do you need to earn to buy a home in Lake Havasu City-Kingman, AZ?
A household needs about $75,829 a year to afford the typical home in Lake Havasu City-Kingman, AZ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,016.

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