Is Springerville, AZ 85938 a buyer’s or seller’s market?
Springerville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Springerville housing market right now
In the three months ending August 31, 2026, 0% of homes in Springerville, AZ 85938 sold above their list price, the typical home went under contract in 31 days and there were 5.3 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. With only 6 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 (73 days then) and the median sale price rose 6% to $260,137. Overall, Springerville is more competitive than a year ago, so tougher for buyers.
Within Apache County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Alpine 85920 (33% sold over asking) and Concho 85924 (22% sold over asking) are even more competitive.
Run the numbers for 85938
Nearby markets
Alpine 85920Buyer’s market $312 /sq ftChambers 86502 — /sq ftConcho 85924Buyer’s market $244 /sq ftEagar 85925Buyer’s market $227 /sq ft Browse all markets →Towns like Springerville nearby
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Questions about Springerville real estate
Is Springerville a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Springerville, AZ 85938 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 Springerville?
The typical home went under contract in 31 days in the latest three months.
Do homes in Springerville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.
What are property taxes in Springerville?
About 0.90% of a home’s value a year in Apache County, or roughly $3,600 on a $400,000 home.
What is the median home price in Springerville?
The median sale price was $260,137 in the three months ending August 31, 2026, about $134 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