Copy of September 2026 Market Update

Oct 6

9 min read

October 2026 Market Update:

What September's Numbers Say About Kingman, Bullhead City and Golden Valley

Prepared from MLS data covering September 2026 activity across Kingman, Bullhead City, and Golden Valley.

September's MLS numbers landed in the same week mortgage rates jumped by a quarter point. Freddie Mac's weekly survey put the average 30-year fixed rate at 7.28% on October 1, up from 7.03% the week before and from 6.34% a year earlier. Those rate changes came after September's sales had already closed, so they don't explain last month's numbers. They do shape almost every conversation I'm having with buyers right now, so I've included a quick dollars-and-cents look at what the change means.

Here is what September looked like in our three markets, along with a few details I think deserve a closer look.

The Short Version

Kingman sold fewer homes (100, down from 120), but the ones that sold went fast: a median of 23 days on market, the quickest in the ten months of data I track.
Bullhead City's median sale price rose to $279,900, its second highest in ten months, while sales held steady at 90.
Golden Valley has 518 land listings against 21 land sales last month, roughly two years of supply, which gives land buyers real leverage.
Mortgage rates rose to 7.28%. On a $250,000 home with 10% down, that's about $140 a month more in principal and interest than a year ago.

The Ten-Month View

One month of data can mislead, so here is where September fits within the ten months I track, December 2025 through September 2026.

Kingman	$250,000	$247,500 to $262,625	100	97 to 146
Bullhead City	$279,900	$235,000 to $280,750	90	58 to 125
Golden Valley	$212,000	$197,000 to $279,900	16	13 to 34

Residential only. December 2025 through September 2026.

Kingman's median price has barely moved over that stretch, staying within about $15,000 from low to high. Bullhead City and Golden Valley have moved around much more, and in Golden Valley that mostly reflects how few homes sell each month.

Two Notes on Reading These Numbers

Every price and days-on-market figure below is a median: half of the homes sold for more and half for less. Medians move when the mix of homes changes, not only when values change. A month where more small homes close can pull the median down even if no single home lost value. That matters most in Golden Valley, where a few sales can swing the figures.

I've also added a rough months-of-supply estimate this month. It divides active listings by that month's sales, which estimates how long today's inventory would last if no new listings came on and sales kept the same pace. It's a one-month snapshot, so think of it as a temperature reading rather than a forecast. Around six months is often cited as the point where neither buyers nor sellers hold a clear edge. In September, Kingman came in at about 5.8 months (up from 4.7 in August), Bullhead City at about 6.7 (6.3 in August) and Golden Valley at about 7.1 (7.3 in August).

Kingman: A Quieter Month With a Twist

KINGMAN RESIDENTIAL

Residential	Sep 2026	Aug 2026	Change
Active Listings	583	564	Up 19
Sales	100	120	Down 20
Median Sold Price	$250,000	$258,000	Down $8,000
Median Days on Market	23	49	Down 26 days
Median List Price (active)	$295,200	$259,000	Up $36,200

KINGMAN LAND

Land	Sep 2026	Aug 2026	Change
Active Listings	596	608	Down 12
Sales	27	29	Down 2
Median Sold Price	$12,750	$24,500	Down $11,750
Median Days on Market	Not tracked	Not tracked	Not tracked

Kingman closed 100 residential sales in September, down from 120 in August. That's the second lowest monthly count in the ten months of data I track, behind January's 97. Active listings rose to 583, the highest in that same stretch. The median sold price eased to $250,000, which keeps Kingman inside a tight range: every month from December 2025 through September has landed between $247,500 and $262,625.

Here's the twist. The homes that did sell went quickly. Median days on market fell to 23, the fastest in the ten-month window and less than half of August's 49. At the same time, the median list price of homes still for sale jumped to $295,200, about $45,000 above the median sold price. One possible explanation is that buyers are acting fast on homes priced close to recent sales while higher-priced listings wait. The numbers alone can't prove that, but it's the pattern I'd keep in mind if I were pricing a Kingman home this fall.

On the land side, Kingman's median land sale came in at $12,750 on 27 sales, the lowest land median in the ten-month window. Land medians depend heavily on which parcels happen to close in a given month, and a few small or remote lots can pull the figure down. I wouldn't read this as land values falling by half. What it does show is a large selection: 596 active parcels against 27 sales.

Something new for east Kingman: ADOT scheduled the new Flying Fortress Parkway interchange on I-40 (Exit 56) to open on October 5. If the name is unfamiliar, it's the road many locals have known as Rancho Santa Fe Parkway; the city renamed it. The $44 million project gives east Kingman a second freeway connection, since Andy Devine Avenue had been the easternmost I-40 interchange in town, with two lanes in each direction and room for bikes and pedestrians. On the west side, ADOT's $106 million I-40 and US 93 interchange, which replaces the traffic signals drivers hit when moving between the two highways with direct ramps, was reported 70% complete in late March, with completion expected in early 2027. Freeway access is one of the first things buyers ask me about, and both projects are worth knowing about if you're comparing neighborhoods on different sides of town.

Bullhead City: Prices Firm Along the River

BULLHEAD CITY RESIDENTIAL

Residential	Sep 2026	Aug 2026	Change
Active Listings	605	580	Up 25
Sales	90	92	Down 2
Median Sold Price	$279,900	$269,995	Up $9,905
Median Days on Market	42	36	Up 6 days
Median List Price (active)	$275,500	$267,500	Up $8,000

BULLHEAD CITY LAND

Land	Sep 2026	Aug 2026	Change
Active Listings	246	242	Up 4
Sales	16	13	Up 3
Median Sold Price	$70,000	$40,000	Up $30,000
Median Days on Market	Not tracked	Not tracked	Not tracked

Bullhead City recorded 90 residential sales in September, nearly matching August's 92. The median sold price rose to $279,900, the second highest in the ten-month window behind January's $280,750. Median days on market lengthened to 42 from 36, and active listings climbed to 605.

One detail stood out to me. Bullhead's median sold price ($279,900) came in a little above the median list price of homes currently for sale ($275,500). Those two numbers describe different groups of homes, so this does not mean buyers paid over asking. It does suggest that the homes closing right now are not the lower-priced end of what's on the market.

Land posted 16 sales at a median of $70,000, the highest land median in the ten-month window. Bullhead's land figures have swung widely all year, from $34,000 in January to $70,000 now, on fewer than 30 sales a month. Treat this as a single-month reading, not a new price level.

A seasonal note for river neighbors: Arizona doesn't change its clocks, but Nevada does. When daylight saving time ends on Sunday, November 1, Laughlin falls back an hour. From then until March, Bullhead City clocks run one hour ahead of Laughlin's, even though the two sit on opposite banks of the same river. It's worth remembering if you work or book dinner on the Nevada side.

Golden Valley: Plenty of Room, and Plenty of Land to Choose From

GOLDEN VALLEY RESIDENTIAL

Residential	Sep 2026	Aug 2026	Change
Active Listings	113	110	Up 3
Sales	16	15	Up 1
Median Sold Price	$212,000	$225,000	Down $13,000
Median Days on Market	34	62	Down 28 days
Median List Price (active)	$232,350	$219,500	Up $12,850

GOLDEN VALLEY LAND

Land	Sep 2026	Aug 2026	Change
Active Listings	518	514	Up 4
Sales	21	25	Down 4
Median Sold Price	$15,000	$20,500	Down $5,500
Median Days on Market	Not tracked	Not tracked	Not tracked

Golden Valley closed 16 residential sales in September, one more than August. With that few sales, one or two transactions can move the median noticeably, so the dip to $212,000 from $225,000 is best read as sample-size volatility rather than a trend. Over the ten months I track, Golden Valley's monthly median has ranged from $197,000 to $279,900. Median days on market fell to 34 from 62, though with only 16 sales that figure can swing as much as the price does.

The bigger story in Golden Valley is land. There were 518 active land listings and 21 land sales in September. At that pace, today's inventory would take roughly two years to sell (about 25 months). For buyers, that means real choice and time to ask questions before committing. Before buying rural acreage anywhere in Mohave County, I encourage buyers to get clear answers on these points:

How the property gets water, whether that's a well on site or hauled water, and what drilling a new well might involve.
Whether the parcel has recorded legal access, not just a dirt road people happen to use.
What Mohave County will require for septic and building permits on that specific parcel.
Whether electric service reaches the lot line, and roughly what it would cost to extend it if not.

If you're selling land in Golden Valley, the flip side applies: with 518 parcels competing, having answers to those questions ready before a buyer asks can set your listing apart. And for Golden Valley drivers who take US 93 to reach I-40, the new interchange described in the Kingman section should make that connection smoother once it's finished.

If You're Buying or Selling This Fall

Buyers: residential inventory is up in all three markets compared with August, and Kingman has more homes for sale than at any point in the ten months I track. That gives you more choice, and listings priced well above recent sales may have room to negotiate. A lender preapproval now will also show you exactly what today's rates mean for your budget.

Sellers: September's numbers reward pricing close to what homes are actually selling for. In Kingman, the homes that sold went in about three weeks, while the median asking price sits well above the median sale price. A pricing conversation grounded in recent nearby sales is the best place to start.

What the Rate Jump Means in Dollars

Using Kingman's September median of $250,000 as an example: with 10% down, a $225,000 30-year loan works out to roughly $1,539 a month in principal and interest at 7.28%, compared with about $1,399 at last year's 6.34%. That's about $140 more each month, before property taxes and insurance. In Bullhead City, the same math on the $279,900 median adds about $158 a month. Rates change weekly, and your own rate depends on your credit and down payment, among other things, so a conversation with a local lender is the best way to see your real numbers.

October Around Mohave County

These dates come from official city, tourism and organizer listings as of early October. Plans can change, so please confirm with the organizer before you go.

Kingman

Route 66 Street Drags, October 9 to 11, on Andy Devine Avenue (Historic Route 66), as listed by the Kingman Office of Tourism.
Kingman Route 66 Fest, October 15 to 17, celebrating the Route 66 Centennial. Thursday opens at 6 p.m. with a panel and film screening at Beale Street Theater. Friday (2 to 9 p.m.) and Saturday (10 a.m. to 9 p.m.) are at Lewis Kingman Park with car shows, a vintage trailer show, live music and kids' activities. Free admission. Details at 66fest.com.
Historical Ghost Walks downtown on October 15, 17, 23 and 24, as listed on the Kingman Office of Tourism calendar.
Halloween Market in the Park with trunk or treating, October 24.

Bullhead City

Fishing Adventure Day at Rotary Park, October 16: free family fishing alongside local first responders.
Cornfest, October 23 (5 to 10 p.m.) and October 24 (10 a.m. to 11 p.m.) at Gary Keith Civic Park, hosted by Kiwanis of the Colorado River. Proceeds support college scholarships and local school clubs.

Golden Valley and Nearby

Chloride's high noon gunfight shows on Saturdays, plus the Roy Purcell rock murals from the 1960s, about a 1.3-mile walk from town. Call the Chloride Chamber of Commerce at (928) 565-4888 for current show times.
Oatman Haunted Nights on Route 66 in Oatman, October 16 and 17.

For Every Homeowner

The first half of Arizona property taxes came due October 1. It normally becomes delinquent after 5 p.m. on November 1, but because November 1 falls on a Sunday this year, the deadline moves to 5 p.m. on Monday, November 2. If your mortgage includes escrow, your lender typically pays it for you, but it's worth confirming, especially if you bought or refinanced this year.

Let's Talk About Your Corner of Mohave County

Market reports are a starting point. If you're weighing a move in Kingman, Bullhead City or Golden Valley, or you're curious what September's numbers mean for your own home, I'm happy to walk through it with you. There's no pressure and no cost to ask.

Valerie Collins, REALTOR®

Torreon Realty

(928) 279-4248

ValerieSellsMohave@outlook.com

ValerieMCollins.com

Market data is sourced from the local MLS for September 2026 and compared with August 2026 and prior months back to December 2025. Residential figures reflect residential listings and sales only; land is reported separately. All prices and days on market are medians, not averages. Median days on market is not tracked for land in this dataset. Months-of-supply figures are estimates calculated by dividing active listings by monthly sales. Mortgage rate figures are from the Freddie Mac Primary Mortgage Market Survey released October 1, 2026; payment examples show principal and interest only and are for illustration. Information is deemed reliable but not guaranteed.