Is Lake Havasu City, AZ 86406 a buyer’s or seller’s market?

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

Lake Havasu City is a seller’s market. With about 3.7 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score28/ 100

More competitive than 23% of U.S. ZIP codes, and #115 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 supply3.7Under 4 months = seller’s market
Sold above original list7.2%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$310▼ −0.6% vs. last year

The Lake Havasu City housing market right now

In the three months ending August 31, 2026, 7% of homes in Lake Havasu City, AZ 86406 sold above their list price, the typical home went under contract in 43 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 186 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (48 days then) and the median sale price held steady to $514,777. Overall, Lake Havasu City is about as competitive as it was a year ago.

Within Mohave County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Lake Havasu City ranks #115 of 231 AZ ZIP codes with enough sales (score 28 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.

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 →

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 seller’s market: there were 3.7 months of supply in Lake Havasu City, AZ 86406 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 43 days in the latest three months.

Do homes in Lake Havasu City sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 97.1% 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 $514,777 in the three months ending August 31, 2026, about $310 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