Mohave County, Arizona Housing Market

In Mohave County, Arizona, the median home value is $281,000, with a median monthly rent of $1,091. This places Mohave County at #725 nationally out of 3134 counties by median home value, and #6 within Arizona.

Median Home Value $281,000
Median Rent $1,091/mo
Owner Occupancy 74.1%
Price/Rent Ratio 21.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Mohave County rose +1.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

47,644
jobs (private sector)
  • Avg weekly wage: $1,003
  • Establishments: 5,020
  • BLS QCEW, 2025
🏗️

Housing Supply

1,817
new units authorized (2025)
  • Single-family: 1,706
  • Multi-family: 111
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+7762
net migration (filers, 2021-2022)
  • Inflow: 84,175 (avg $65,326)
  • Outflow: 76,413 (avg $64,061)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Mohave County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 86429 270.0 -7.86% 2025
2 86413 300.6 +2.19% 2025
3 86401 259.0 +1.99% 2025
4 86406 386.1 +0.46% 2025
5 86404 398.8 -1.61% 2025
6 86409 274.2 +3.12% 2025
7 86426 265.2 +3.06% 2025
8 86403 435.6 +1.43% 2025
9 86442 280.4 +2.92% 2025
10 86440 307.1 +1.04% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Mohave County Compares

MetricMohave CountyArizona AverageU.S. Average
Median Home Value $281,000 $265,720 $227,706
Median Gross Rent $1,091 $1,073 $968
Owner Occupancy Rate 74.1% 70.7% 73.3%
Price/Rent Ratio 21.5 19.9 18.7

Market Analysis

The median home value in Mohave County is 5.8% above the Arizona state average and 23.4% above the U.S. national average. The median rent of $1,091/month is 1.7% above the state average.

With a price-to-rent ratio of 21.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Mohave County has an owner-occupancy rate of 74.1%, compared to 70.7% in Arizona and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Limestone County Alabama $281,000 $970
Bedford County Tennessee $281,200 $1,051
Porter County Indiana $281,500 $1,219
Klamath County Oregon $280,400 $991
Montgomery County Tennessee $280,200 $1,308

Other Counties in Arizona

CountyMedian Home ValueMedian RentOwner Occ.
Gila County $269,400 $1,030 77.5%
Pima County $319,700 $1,212 65.2%
Santa Cruz County $233,000 $829 69.3%
Cochise County $218,300 $995 71.0%
Yuma County $217,800 $993 71.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).