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Is Patagonia, AZ 85624 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Patagonia is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.5%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$147▼ −21.2% vs. last year

The Patagonia housing market right now

In the three months ending August 31, 2026, 0% of homes in Patagonia, AZ 85624 sold above their list price, the typical home went under contract in 58 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (93 days then) and the median sale price fell 55% to $264,885. Overall, Patagonia is more competitive than a year ago, so tougher for buyers.

Within Santa Cruz County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Elgin 85611 (50% sold over asking) and Nogales 85621 (21% sold over asking) are even more competitive.

Run the numbers for 85624

Prefilled for 85624Can I win this house?Multiple-offer likelihood for a listing Prefilled for 85624Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Elgin 85611Buyer’s market $248 /sq ftNogales 85621Buyer’s market $141 /sq ftRio Rico 85648Balanced $180 /sq ftSonoita 85637Seller’s market $280 /sq ft Browse all markets →

Towns like Patagonia nearby

Find towns like Patagonia in other states →
Amado, AZ85645 · 25 miles away48% similarcheaper homes ($191K less) · more homeowners Benson, AZ85602 · 39 miles away45% similarcheaper homes ($194K less) · larger Green Valley, AZ85622 · 30 miles away42% similarcheaper homes ($26K less) · larger Green Valley, AZ85614 · 28 miles away40% similarcheaper homes ($96K less) · larger

Where Patagonia is

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Questions about Patagonia real estate

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

A buyer’s market: there were 8.5 months of supply in Patagonia, AZ 85624 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 Patagonia?

The typical home went under contract in 58 days in the latest three months.

Do homes in Patagonia sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.

What are property taxes in Patagonia?

About 0.61% of a home’s value a year in Santa Cruz County, or roughly $2,440 on a $400,000 home.

What is the median home price in Patagonia?

The median sale price was $264,885 in the three months ending August 31, 2026, about $147 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