Bullhead City, Arizona Housing Market Prices
Bullhead City Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 18% below the Arizona median$301,993
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Median rent 30% below the Arizona median$1,073
Housing Market Overview
| Metric | Bullhead City | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $301,993 | $367,851 | $248,835 |
| Price Trend (Annual %) | 18.9% | 11.9% | 7.5% |
| Median Gross Rent | $1,073 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bullhead City is about 18% lower than in Arizona. Rent is about 30% lower than the Arizona average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bullhead City, up about 18.9% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Bullhead City rose about 44.1% between 2015 and 2024, from $745 to $1,073. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 6.0 yearly household incomes in Bullhead City.
Buying the median-priced home in Bullhead City costs roughly 23.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bullhead City. The price-to-rent ratio in Arizona is about 19.9.
| Metric | Bullhead City | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $301,993 | $367,851 | $248,835 |
| Median Household Income | $49,945 | $80,381 | $80,455 |
| Price-to-Income Ratio | 6.0 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bullhead City rose about 82.2%, while median household income rose about 25.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bullhead City | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.7% | 60.3% | 58.5% |
| Rental Rate | 25.4% | 29.2% | 31.2% |
| Vacancy Rate | 16.9% | 10.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Bullhead City has a homeownership rate of 57.7%, lower than the Arizona average of 60.3%. Its housing vacancy rate is 16.9%, compared with 10.6% in Arizona.
Housing Stock
| Metric | Bullhead City | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.01 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1990 | 1991 | 1978 |
| Median Number of Rooms | 4.9 | 5.3 | 5.5 |
The typical housing unit in Bullhead City was built around 1990. On average, 2.0 people live in a home with about 4.9 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Bullhead City, Arizona.
What is the median home price in Bullhead City, Arizona?
The median home price in Bullhead City, Arizona is $301,993, lower than the Arizona average of $367,851.
What is the average home price in Bullhead City, Arizona?
The typical home price in Bullhead City, Arizona, reported as the median sale price, is $301,993. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bullhead City, Arizona?
The median gross rent in Bullhead City, Arizona is $1,073 per month, lower than the Arizona average of $1,543.
What was the median gross rent in Bullhead City in 2020?
In 2020, the median gross rent in Bullhead City, Arizona was $815 per month.
What is the price-to-rent ratio in Bullhead City, Arizona?
The price-to-rent ratio in Bullhead City, Arizona is about 23.5, meaning it would take roughly 23.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bullhead City.
Are home prices or rent rising faster in Bullhead City, Arizona?
Both home prices and rent are rising in Bullhead City, up about 18.9% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bullhead City, Arizona?
57.7% of households in Bullhead City, Arizona own their home, lower than the Arizona average of 60.3%.
What is the vacancy rate in Bullhead City, Arizona?
The housing vacancy rate in Bullhead City, Arizona is 16.9%, higher than the Arizona average of 10.6%.
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