Is Sierra Vista, AZ a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Sierra Vista is a seller's market


Difference Since May 2023

Since last year, Sierra Vista has remained a Seller's Market.

Key Takeaway

Sierra Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sierra Vista, AZ

How much do homes in Sierra Vista, AZ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Sierra Vista have sold for 2% more than they did a year ago.

Summary: The median home sold price in Sierra Vista was $285,600 in May 2024, up 2% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $166.5K$140K
2 $212K$252K
3 $265K$266.5K
4 $343.7K$350K
5+ $425K$497.5K

Summary: Sierra Vista housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.9%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Cities

Sierra Vista
Huachuca City

Housing Supply in Sierra Vista, AZ

How many homes are available in Sierra Vista, AZ?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Sierra Vista real estate market had 296 homes for sale in May 2024, a 1.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
2 4036
3 156162
4 8178
5+ 1218

Summary: The Sierra Vista housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sierra Vista, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in Sierra Vista in May 2024, up by 21.2% month-over-month. Of the 80 sold homes, 44% were sold under asking, 38% were sold at asking, and 19% were sold over asking.

Days on Market for Sierra Vista, AZ

How long does it take to sell a home in Sierra Vista, AZ?

Average Sale Time

May 2023May 2024CHANGE
72 Days72 Days+0.8%

Summary: Homes in Sierra Vista had an average of 72 days on market in May 2024, up by 0.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sierra Vista has remained consistent over time.

Summary: During May 2024, 80 homes were sold in Sierra Vista; 16% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Sierra Vista, AZ

Nearby Markets to Sierra Vista, AZ

What housing markets are near Sierra Vista, AZ?