Sierra Vista, AZ metro area Housing Market
Cold MarketComprehensive housing market data for the Sierra Vista, AZ metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$293K
↑ 4.5% YoY
Days on Market
91 days
↑ 16.7% YoY
Active Inventory
613
↑ 6.1% YoY
Homes Sold
148
↑ 43.7% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Sierra Vista, AZ metro area Market Summary
The Sierra Vista, AZ metro area housing market is cooling down. As of March 2026, the median home sale price is $293K, up 4.5% year-over-year. Homes are spending a median of 91 days on the market, 16.7% longer than a year ago.
There are 613 homes for sale — 6.1% more than last year. With 4.1 months of supply, this is a balanced market. 194 new listings were added during this period, down 3.0% year-over-year.
Homes are selling for 97.8% of their list price on average, suggesting room for negotiation. 10.8% of homes sell above their asking price. 21.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Arizona Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 33% below the national median, which could indicate stronger cash flow potential.
Sierra Vista, AZ metro area Market Trends
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Detailed Market Metrics
Median List Price
$296K
Price per Sq Ft
$188
Sale-to-List Ratio
97.8%
Months of Supply
4.1
Sold Above List
10.8%
Price Drops
21.7%
New Listings
194
↓ 3.0% YoY
Pending Sales
194
Off Market in 2 Weeks
27.3%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.