Kingman, AZ 86401 Real Estate Market Report

ZIP Code: 86401
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The median sold price in Kingman, AZ is currently $285,000, reflecting a market that has experienced price appreciation. The market has increased 15% since 2023, indicating a strengthening trend in property values. However, the overall market temperature is now classified as neutral, suggesting a shift from a previously hot market to a more balanced environment.

Despite the upward trend in sold prices, the market is characterized by elevated inventory levels, which may indicate excess supply relative to sales activity. The median days on market stands at 239 days, suggesting slower sales velocity and a potential pricing friction between seller expectations and buyer willingness. With rental demand remaining strong, the median market rent is $1,520, although it has seen a year-over-year decrease, further complicating the market dynamics.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Kingman, AZ are averaging 6.38%, which is 0.25% higher than the 6.13% average seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The median sold price of $285,000 suggests a strong appreciation trend, having increased 15% since 2023.

2. Current market temperature is neutral, indicating a balanced environment rather than a hot market.

3. Elevated inventory levels may suggest excess supply relative to sales activity, impacting pricing strategies.

4. The median days on market of 239 days indicates slower sales velocity, which could lead to pricing adjustments.

5. Despite strong rental demand, the median market rent has decreased year-over-year, reflecting potential challenges in the rental market.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.