The housing market in the Lake Havasu City-Kingman, AZ Metro Area is currently experiencing growth. The median housing value is $329,900 which is slightly lower than the US House Median Value of $338,100. However, the area has experienced a much higher rate of appreciation over the past year than the US average at 14.16%. This increase in value makes Lake Havasu City-Kingman an attractive location for potential home buyers and suggests a healthy local economy.
The median home cost in Lake Havasu City-Kingman Metro Area is $329,900. Home appreciation the last 10 years has been 180.8%. Home Appreciation in Lake Havasu City-Kingman Metro Area is up 19.3%.
Average Age of Homes
- The median age of Lake Havasu City-Kingman Metro Area real estate is 25 years old
The Rental Market in Lake Havasu City-Kingman Metro Area
- Renters make up 23.0% of the Lake Havasu City-Kingman Metro Area population
- 0.6% of houses and apartments in Lake Havasu City-Kingman Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.