Kingman, AZ 86401 Real Estate Market Report

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

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Executive Overview

As of February 2026, the real estate market in Kingman, AZ reflects a median sold price of $282,000, indicating a stable market environment. The neighborhood has increased up since 2023, suggesting a positive trend in property values despite recent fluctuations. The market's velocity appears moderate, with a median days on market of 185, indicating slower sales activity and potentially longer transaction timelines.

Inventory conditions show elevated levels of supply relative to sales activity, contributing to a competitive landscape for buyers. The median listing price stands at $326,000, which indicates a notable gap between asking and sold prices, suggesting that sellers may need to adjust expectations to align with market realities. Overall, the market remains hot, driven by improving affordability as wage growth outpaces home price increases, even amid elevated mortgage rates.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Kingman AZ around 6.01% to 6.21% are lower than the 6.87% average seen one year ago, presenting a potential refinancing opportunity for owners who locked in higher 2025 rates.

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 $282,000 indicates a stable market with potential for continued appreciation.

2. With a median days on market of 185, the market is experiencing slower sales velocity, which may affect buyer engagement.

3. The median listing price of $326,000 shows a significant gap compared to the sold price, indicating potential pricing friction for sellers.

4. Market conditions are characterized as hot, suggesting strong demand despite elevated interest rate pressure.

5. The median market rent of $1,700 reflects a stable rental environment, although rent trends are down, indicating caution in rental pricing.

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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.