Is Hereford, AZ 85615 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hereford is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score13/ 100

More competitive than 6% of U.S. ZIP codes, and #212 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

Months of supply5.5Under 4 months = seller’s market
Sold above original list5.4%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market116Listing to accepted offer
Median price per sq ft$215▼ −0.2% vs. last year

The Hereford housing market right now

In the three months ending August 31, 2026, 5% of homes in Hereford, AZ 85615 sold above their list price, the typical home went under contract in 116 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 38 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (68 days then) and the median sale price fell 11% to $459,801. Overall, Hereford is less competitive than a year ago, which gives buyers more room.

Within Cochise County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Hereford ranks #212 of 231 AZ ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at Tombstone 85638 (0% sold over asking) or San Simon 85632 (0% sold over asking), while Sierra Vista 85635 (16% sold over asking) and Benson 85602 (13% sold over asking) are even more competitive.

Nearby markets

Benson 85602Seller’s market $164 /sq ftBisbee 85603Buyer’s market $208 /sq ftBowie 85605 — /sq ftCochise 85606Seller’s market $65 /sq ft Browse all markets →

Where Hereford is

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Questions about Hereford real estate

Is Hereford a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Hereford, AZ 85615 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 Hereford?

The typical home went under contract in 116 days in the latest three months.

Do homes in Hereford sell over asking?

5% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Hereford?

About 0.60% of a home’s value a year in Cochise County, or roughly $2,400 on a $400,000 home.

What is the median home price in Hereford?

The median sale price was $459,801 in the three months ending August 31, 2026, about $215 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