Sierra Vista, AZ metro area Housing Market

Cold Market

Comprehensive 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

Months of Supply 4.1
Days on Market 91
Price Drops 21.7%
Sale-to-List Ratio 97.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 33.0%
Days on Market (National: 55) 65.5%
Inventory (National: 1,314,690) 100.0%

vs. Arizona Median

Median Price (Arizona: $453K) 35.4%
Days on Market (Arizona: 64) 42.2%

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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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.