Kingman, AZ 86401 Real Estate Market Report

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

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Executive Overview

The median sold price in Kingman, AZ is $274,900, reflecting a stabilization in the market. This price point indicates a shift towards a more balanced environment, as sales are closing slightly below list prices, suggesting that buyers are negotiating more effectively. The market has remained relatively stable, with no significant price increases or decreases noted, contributing to a flat price trend overall.

Transaction activity appears to be moderate, with 189 days as the median days on market, indicating slower sales velocity. Elevated inventory levels are present, which may suggest excess supply relative to sales activity. This environment is characterized by a neutral market temperature, where both buyers and sellers have equal footing, leading to a more cautious approach in pricing and negotiations.

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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.

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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.

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Rental Market

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Property Taxes

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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.

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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 near 6.01% in Kingman AZ are 0.84% lower than the 6.85% average seen one year ago, presenting a cost opportunity for refinancing.

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

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Key Findings

1. The median sold price of $274,900 indicates a stable market environment with no significant fluctuations in recent months.

2. With a median days on market of 189, the market is experiencing slower sales velocity, which may impact buyer urgency.

3. The median listing price stands at $309,000, creating a notable gap between asking and selling prices, suggesting potential pricing friction.

4. Rental prices are showing a down trend year-over-year, with a median market rent of $1,700, which may enhance local affordability.

5. Current interest rates at 6.01% are 0.84% lower than the previous year, presenting a cost opportunity for refinancing, which could stimulate buyer interest.

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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.