Mohave County, Arizona Housing Market Prices
Mohave County 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 28% below the Arizona median$264,850
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Median rent 29% below the Arizona median$1,091
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Mohave County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $264,850 | $367,851 | $248,835 |
| Price Trend (Annual %) | 14.5% | 11.9% | 7.5% |
| Median Gross Rent | $1,091 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mohave County is about 28% lower than in Arizona. Rent is about 29% 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 Mohave County, up about 14.5% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Mohave County rose about 38.9% between 2015 and 2024, from $785 to $1,091. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 4.6 yearly household incomes in Mohave County.
Buying the median-priced home in Mohave County costs roughly 20.2 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 Mohave County. The price-to-rent ratio in Arizona is about 19.9.
| Metric | Mohave County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $264,850 | $367,851 | $248,835 |
| Median Household Income | $57,810 | $80,381 | $80,455 |
| Price-to-Income Ratio | 4.6 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mohave County rose about 165.7%, while median household income rose about 38.7% 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 | Mohave County | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.0% | 60.3% | 58.5% |
| Rental Rate | 21.7% | 29.2% | 31.2% |
| Vacancy Rate | 16.3% | 10.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Mohave County has a homeownership rate of 62.0%, higher than the Arizona average of 60.3%. Its housing vacancy rate is 16.3%, compared with 10.6% in Arizona.
Housing Stock
| Metric | Mohave County | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.12 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1996 | 1991 | 1978 |
| Median Number of Rooms | 5.2 | 5.3 | 5.5 |
The typical housing unit in Mohave County was built around 1996. On average, 2.1 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Mohave County, AZ Housing Compared With Nearby Counties
Mohave County, AZ is typical in size for this group, 220,517 residents against a local median of 196,425, so the measures below are close to a like for like comparison. The measure that sets Mohave County, AZ apart most is median home price: $264,850, 30% below the local median of $380,410.
Median rent tells the same story from another angle: $1,091 against a local median of $1,474, 26% below it. The counties themselves spread $626,130 on median home price, so Mohave County, AZ sits at one end of an already wide local range rather than apart from it. Mohave County, AZ has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mohave County, AZ | 220,517 | $264,850 #5/6 | $1,091 #5/6 | 74.1% #2/6 |
| Clark County, NV | 2,328,677 | $354,539 | $1,626 | 57.8% |
| Washington County, UT | 196,425 | $759,880 | $1,566 | 71.6% |
| Yavapai County, AZ | 245,472 | $380,410 | $1,351 | 75.1% |
| La Paz County, AZ | 16,663 | $133,749 | $802 | 72.1% |
| Coconino County, AZ | 144,211 | $429,166 | $1,474 | 59.7% |
Frequently Asked Questions
Common questions about the housing market in Mohave County, Arizona.
What is the median home price in Mohave County, Arizona?
The median home price in Mohave County, Arizona is $264,850, lower than the Arizona average of $367,851.
What is the average home price in Mohave County, Arizona?
The typical home price in Mohave County, Arizona, reported as the median sale price, is $264,850. 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 Mohave County, Arizona?
The median gross rent in Mohave County, Arizona is $1,091 per month, lower than the Arizona average of $1,543.
What was the median gross rent in Mohave County in 2020?
In 2020, the median gross rent in Mohave County, Arizona was $839 per month.
What is the price-to-rent ratio in Mohave County, Arizona?
The price-to-rent ratio in Mohave County, Arizona is about 20.2, meaning it would take roughly 20.2 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 Mohave County.
Are home prices or rent rising faster in Mohave County, Arizona?
Both home prices and rent are rising in Mohave County, up about 14.5% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Mohave County, Arizona?
62.0% of households in Mohave County, Arizona own their home, higher than the Arizona average of 60.3%.
What is the vacancy rate in Mohave County, Arizona?
The housing vacancy rate in Mohave County, Arizona is 16.3%, higher than the Arizona average of 10.6%.
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