Lake Havasu City, AZ86403

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$379,000
3.7% YoY Growth
Median Household Income
$57,500
31.0% 5-Year Growth
Days on Market
82
23.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
$1,600
1.8% YoY Growth
1-Bed Rent
$1,300
7.6% YoY Growth
2-Bed Rent
$1,500
1.9% YoY Growth
3-Bed Rent
$2,000
2.9% YoY Growth

Other Zip Codes in Lake Havasu City, AZ

Property Listings — Lake Havasu City, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Havasu City, AZ is 82. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$400,000-4.0%
Listing Count
25234.0%
Listings as % of Homes1.4%34.0%
Days on Market
8223.0%
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Demographics — Lake Havasu City, AZ

As of the latest ACS Survey released in 2023, Lake Havasu City, AZ has a population of 18,400, which has increased by 1.5% over the past 5 years. Lake Havasu City, AZ is a moderately popular place for families, as children make up 16.2% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,4001.5%
% Under 18
16.2%5.2%
% Seniors
30.7%34.6%
% WFH
9.9%115.2%
% w/ College Degree
17.8%38.0%
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As of the latest ACS Survey released in 2023, Lake Havasu City, AZ is a predominantly white area, with 77.8% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Lake Havasu City, AZ is hispanic, making up 18.6% of the population. Foreign-born residents account for 6.2% of the population in Lake Havasu City, AZ, and this percentage has decreased by 35.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
77.8%2.2%
% Black
0.4%-20.0%
% Hispanic
18.6%-4.1%
% Asian
0.4%-63.6%
% Foreign Born
6.2%-35.4%
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Mortgage and Risk — Lake Havasu City, AZ

According to HUD data as of 2023, there were 355 mortgage originations in Lake Havasu City, AZ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Lake Havasu City, AZ. Investor activity is low, as 5.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
355
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
5.0%
% Second Loans
17.0%
% Cash Out Refinance
19.0%

Loan Activity

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Rentals and Section 8 — Lake Havasu City, AZ

As of 2024, the percent of homes in Lake Havasu City, AZ under the Section 8 program is 1.4%. 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. In Lake Havasu City, AZ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
38
Total Units Section 8
38
% Rentals under Section 8
1.4%
% Occupied Section 8
69.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$200$1,300$1,100
2 Bedroom-$80$1,500$1,420
3 Bedroom-$30$2,000$1,970
4 Bedroom-$790$2,980$2,190

Affordability — Lake Havasu City, AZ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.9
Median Home Price$379,000
Median Household Income$57,500

Lake Havasu City, AZ — ZIP Code Boundary Map

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Frequently Asked Questions