Lake Havasu City housing market

Buyer's marketLake Havasu City, AZ metro areaData through Sep 2026
Typical home value
$350K
▲ 2.0% 1 yr
Typical rent
$1,540/mo
▲ 2.0% 1 yr
12-month forecast
−1.2%
#523 of 546 metros
Gross rent yield
5.3%
#379 of 546 · U.S. 6.3%
Days to pending
73 days
▼ −2 days 1 yr
Listings with a price cut
25%
▲ +1.2 pts 1 yr

Key takeaways

  • 1The typical home is worth $349,800, up 2.0% in a year and up 8% over five years.
  • 2Zillow forecasts home values falling 1.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,540/mo (+2.0% YoY), a 5.3% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,922/mo in principal and interest, $382 more than renting.
  • 5Homes go under contract in 73 days (−2 days vs last year); 25% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #359 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $350K
$189K$245K$300K$355K2016201920222025
Typical monthly rent
Latest $1,540
$871$1,078$1,286$1,4932016201920222025

How fast homes are selling

Days to go under contract
Latest 73
2140597820182020202220242026
Share of listings with a price cut
Latest 25.4%
10.7%16.1%21.5%26.9%20182020202220242026
Homes for sale vs new listings
Latest 1,702
For saleNew listings
4039711,5402,10820182020202220242026
Share of homes sold above list price
Latest 8.5%
8.7%18.2%27.6%37.1%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $88K
To buy (20% down)To rent
$37K$54K$71K$88K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Lake Havasu City compares

MeasureLake Havasu CityUnited StatesRank of 546
Home value, 1-yr change+2.0%+1.2%#285
Home value, 5-yr change+8.2%+19.7%
12-month forecast−1.2%+1.1%#523
Rent, 1-yr change+2.0%+2.7%#407
Gross rent yield5.3%6.3%#379
Price-to-rent ratio18.915.8
Mortgage P&I on typical home$1,922$2,012
Income needed to buy$87,975$100,902
Days to pending7356

Cities in the Lake Havasu City metro

3 cities with home value and rent data.

Lake Havasu City$459K▲ 0.8%$1,704▲ 3.2%4.5%
Kingman$274K▲ 2.1%$1,446▼ 0.6%6.3%
Bullhead City$299K▲ 1.3%$1,432▲ 2.9%5.7%

Run the numbers

Other Arizona metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.