Sierra Vista housing market

Buyer's marketSierra Vista, AZ metro areaData through Sep 2026
Typical home value
$261K
▼ 0.4% 1 yr
Typical rent
$1,278/mo
▲ 3.5% 1 yr
12-month forecast
+0.4%
#439 of 546 metros
Gross rent yield
5.9%
#281 of 546 · U.S. 6.3%
Days to pending
71 days
▲ +9 days 1 yr
Listings with a price cut
22%
▲ +0.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $260,537, down 0.4% in a year and up 14% over five years.
  • 2Zillow forecasts home values rising 0.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,278/mo (+3.5% YoY), a 5.9% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,432/mo in principal and interest, $154 more than renting.
  • 5Homes go under contract in 71 days (+9 days vs last year); 22% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 33/100, #400 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $261K
$159K$191K$223K$256K2016201920222025
Typical monthly rent
Latest $1,278
$1,068$1,133$1,198$1,263202120232025

How fast homes are selling

Days to go under contract
Latest 71
427110012920182020202220242026
Share of listings with a price cut
Latest 22.4%
8.4%12.8%17.3%21.7%20182020202220242026
Homes for sale vs new listings
Latest 670
For saleNew listings
16943971098020182020202220242026
Share of homes sold above list price
Latest 14.9%
8.2%15.6%23.0%30.4%2019202120232025

Affordability

Household income needed to buy vs rent
Latest $69K
To buy (20% down)To rent
$35K$46K$57K$68K201620182020202220242026

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

How Sierra Vista compares

MeasureSierra VistaUnited StatesRank of 546
Home value, 1-yr change−0.4%+1.2%#474
Home value, 5-yr change+14.0%+19.7%
12-month forecast+0.4%+1.1%#439
Rent, 1-yr change+3.5%+2.7%#254
Gross rent yield5.9%6.3%#281
Price-to-rent ratio17.015.8
Mortgage P&I on typical home$1,432$2,012
Income needed to buy$69,146$100,902
Days to pending7156

Cities in the Sierra Vista metro

1 cities with home value and rent data.

Sierra Vista$300K▲ 0.3%$1,287▲ 3.0%5.1%

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.