Is Lake Havasu City, AZ 86404 a buyer’s or seller’s market?
Lake Havasu City is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #126 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 Lake Havasu City housing market right now
In the three months ending August 31, 2026, 6% of homes in Lake Havasu City, AZ 86404 sold above their list price, the typical home went under contract in 47 days and there were 4.5 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 100 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold faster (50 days then) and the median sale price fell 7% to $584,747. Overall, Lake Havasu City is about as competitive as it was a year ago.
Within Mohave County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Lake Havasu City ranks #126 of 231 AZ ZIP codes with enough sales (score 26 out of 100).
Nearby, buyers who want less competition could look at Meadview 86444 (0% sold over asking) or Dolan Springs 86441 (0% sold over asking), while Kingman 86409 (15% sold over asking) and Bullhead City 86429 (10% sold over asking) are even more competitive.
Run the numbers for 86404
Nearby markets
Bullhead City 86429Balanced $222 /sq ftBullhead City 86442Seller’s market $202 /sq ftChloride 86431 — /sq ftColorado City 86021 — /sq ft Browse all markets →Towns like Lake Havasu City nearby
Find towns like Lake Havasu City in other states →Where Lake Havasu City is
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Questions about Lake Havasu City real estate
Is Lake Havasu City a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Lake Havasu City, AZ 86404 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 Lake Havasu City?
The typical home went under contract in 47 days in the latest three months.
Do homes in Lake Havasu City sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Lake Havasu City?
About 0.44% of a home’s value a year in Mohave County, or roughly $1,760 on a $400,000 home.
What is the median home price in Lake Havasu City?
The median sale price was $584,747 in the three months ending August 31, 2026, about $319 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