Sierra Vista, AZ—85635
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sierra Vista, AZ
Home Price Trends — Sierra Vista, AZ
As of Oct '25, the median home price in Sierra Vista, AZ is $266,000, with a year-over-year change of 2.1%. This indicates that home prices in Sierra Vista, AZ are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 2.2% |
| Single Family | $269,000 | 2.3% |
| Condos | $165,000 | -2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | 3.2% |
3 Bed | $261,000 | 2.0% |
4 Bed | $334,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sierra Vista, AZ
As of July '25, Rentcast reports the average rent in Sierra Vista, AZ is $1,350, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Sierra Vista, AZ is studios: $782, 1-bedrooms: $1,070, 2-bedrooms: $1,330, 3-bedrooms: $1,520, 4-bedrooms: $1,900. The most common rental property sizes in Sierra Vista, AZ are 2-bedroom and 3-bedroom, accounting for 35.1% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,350 |
| Studio Rent | $750 | $782 |
| 1 Bed Rent | $969 | $1,070 |
| 2 Bed Rent | $1,260 | $1,330 |
| 3 Bed Rent | $1,520 | $1,520 |
| 4 Bed Rent | $1,800 | $1,900 |
% of Rental Stock
Property Listings — Sierra Vista, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Sierra Vista, AZ is 53. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -8.0% |
Listing Count | 175 | 33.0% |
| Listings as % of Homes | 0.8% | 33.0% |
Days on Market | 53 | 1.0% |
Demographics — Sierra Vista, AZ
As of the latest ACS Survey released in 2023, Sierra Vista, AZ has a population of 35,000, which has increased by 3.5% over the past 5 years. Sierra Vista, AZ is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 31.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,000 | 3.5% |
% Under 18 | 22.4% | -5.5% |
% Seniors | 23.3% | 22.0% |
% WFH | 7.4% | 335.3% |
% w/ College Degree | 31.2% | 19.5% |
As of the latest ACS Survey released in 2023, Sierra Vista, AZ is a predominantly white area, with 58.1% of the population identifying as white. The white population has grown by 7.2% in the last 5 years. The second most common race or ethnicity in Sierra Vista, AZ is hispanic, making up 24.7% of the population. Foreign-born residents account for 10.6% of the population in Sierra Vista, AZ, and this percentage has increased by 10.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.1% | 7.2% |
% Black | 7.3% | 10.6% |
% Hispanic | 24.7% | -15.4% |
% Asian | 4.6% | 24.3% |
% Foreign Born | 10.6% | 10.4% |
Mortgage and Risk — Sierra Vista, AZ
According to HUD data as of 2023, there were 688 mortgage originations in Sierra Vista, AZ, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Sierra Vista, AZ. Investor activity is low, as 3.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 688 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Sierra Vista, AZ
As of 2024, the percent of homes in Sierra Vista, AZ under the Section 8 program is 9.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Sierra Vista, AZ, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 615 |
Total Units Section 8 | 615 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 88.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $151 | $969 | $1,120 |
| 2 Bedroom | -$20 | $1,260 | $1,240 |
| 3 Bedroom | $220 | $1,520 | $1,740 |
| 4 Bedroom | $280 | $1,800 | $2,080 |
Affordability — Sierra Vista, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $266,000 |
| Median Household Income | $60,800 |