Is Tonopah, AZ 85354 a buyer’s or seller’s market?
Tonopah is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 19% of U.S. ZIP codes, and #138 of 231 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Tonopah housing market right now
In the three months ending August 31, 2026, 13% of homes in Tonopah, AZ 85354 sold above their list price, the typical home went under contract in 128 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 46 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (59 days then) and the median sale price fell 2% to $429,814. Overall, Tonopah is less competitive than a year ago, which gives buyers more room.
Within Maricopa County, homes here sell more slowly than in 97% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Tonopah ranks #138 of 231 AZ ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Wickenburg 85390 (0% sold over asking) or Carefree 85377 (0% sold over asking), while Arlington 85322 (33% sold over asking) and Tolleson 85353 (32% sold over asking) are even more competitive.
Run the numbers for 85354
Nearby markets
Aguila 85320 $167 /sq ftArlington 85322Buyer’s market $241 /sq ftAvondale 85323Balanced $219 /sq ftAvondale 85392Seller’s market $220 /sq ft Browse all markets →Towns like Tonopah nearby
Find towns like Tonopah in other states →Where Tonopah is
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Questions about Tonopah real estate
Is Tonopah a buyer’s or seller’s market?
A buyer’s market: there were 7 months of supply in Tonopah, AZ 85354 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Tonopah?
The typical home went under contract in 128 days in the latest three months.
Do homes in Tonopah sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Tonopah?
About 0.44% of a home’s value a year in Maricopa County, or roughly $1,760 on a $400,000 home.
What is the median home price in Tonopah?
The median sale price was $429,814 in the three months ending August 31, 2026, about $231 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology