Mohave Valley, AZ—86440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mohave Valley, AZ
As of Oct '25, the median home price in Mohave Valley, AZ is $295,000, with a year-over-year change of -0.3%. This indicates that home prices in Mohave Valley, AZ are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | -0.3% |
| Single Family | $294,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | -0.5% |
3 Bed | $302,000 | -0.7% |
4 Bed | $351,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mohave Valley, AZ
As of July '25, Rentcast reports the average rent in Mohave Valley, AZ is $2,120, with a year-over-year rent change of 19.8%. Per bedroom, the median rent as of July '25 in Mohave Valley, AZ is 2-bedrooms: $1,630, 3-bedrooms: $1,880, 4-bedrooms: $3,170. The most common rental property sizes in Mohave Valley, AZ are 3-bedroom and 2-bedroom, accounting for 58.6% and 20.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,630 |
| 3 Bed Rent | $1,800 | $1,880 |
| 4 Bed Rent | $2,300 | $3,170 |
% of Rental Stock
Property Listings — Mohave Valley, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Mohave Valley, AZ is 60. This is a increase of 4.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $413,000 | 25.0% |
Listing Count | 51 | -11.0% |
| Listings as % of Homes | 1.6% | -11.0% |
Days on Market | 60 | 4.0% |
Demographics — Mohave Valley, AZ
As of the latest ACS Survey released in 2023, Mohave Valley, AZ has a population of 8,400, which has increased by 14.7% over the past 5 years. Mohave Valley, AZ is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,400 | 14.7% |
% Under 18 | 17.8% | 11.9% |
% Seniors | 25.5% | -13.9% |
% WFH | 5.2% | 62.5% |
% w/ College Degree | 11.8% | 5.4% |
As of the latest ACS Survey released in 2023, Mohave Valley, AZ is a predominantly white area, with 73.2% of the population identifying as white. The white population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in Mohave Valley, AZ is hispanic, making up 19.9% of the population. Foreign-born residents account for 1.3% of the population in Mohave Valley, AZ, and this percentage has decreased by 75.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.2% | 7.5% |
% Black | 0.5% | -16.7% |
% Hispanic | 19.9% | 11.8% |
% Asian | 0.4% | 0.0% |
% Foreign Born | 1.3% | -75.9% |
Mortgage and Risk — Mohave Valley, AZ
According to HUD data as of 2023, there were 178 mortgage originations in Mohave Valley, AZ, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Mohave Valley, AZ. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 178 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 3.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Mohave Valley, AZ
Mohave Valley, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | -$180 | $1,500 | $1,320 |
| 3 Bedroom | $30 | $1,800 | $1,830 |
| 4 Bedroom | -$270 | $2,300 | $2,030 |
Affordability — Mohave Valley, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $295,000 |
| Median Household Income | $67,300 |