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October 2026 Market Update: Homes Held Steady, Land Slowed Down
Every month I go through the MLS numbers for Kingman, Bullhead City, and Golden Valley. This month I want to do more than report them. Set against the past 13 months, October tells two stories: the home market looks a lot like it did a year ago, and the land market does not.
There is also a Bullhead City number that looks alarming at first glance. It turns out last October had one just like it.
The Short Version
Home sales held steady. 197 homes sold across our three markets in October, compared to 190 last October.
Land sales fell sharply. 36 lots and parcels sold across the three markets, the fewest in the 13 months I track and down from 99 last October.
Bullhead City's median sold price dropped to $210,000, but asking prices did not follow. The same split happened last October, and the median was back at $277,000 a month later.
Kingman is in nearly the same balance it was a year ago. Golden Valley has tightened, with fewer homes for sale and more of them selling.
Last winter, December was busier than its reputation and January was the slowest month for home sales in all three markets.
The Big Picture: Homes Held, Land Slowed
When I add our three markets together, October looks like two different markets.
On the home side, 197 homes sold in October, up from 190 a year ago. Kingman dipped slightly, from 107 sales to 102, while Bullhead City and Golden Valley were both up. Nothing in those numbers suggests homebuyers stepped back.
Land is a different picture. Only 36 lots and parcels sold across the three markets in October, the lowest monthly total in my 13 months of data. Last October it was 99. Each market sold less than half as many lots as it did a year earlier: Kingman went from 42 to 15, Bullhead City from 21 to 10, and Golden Valley from 36 to 11.
This didn't start in October. Kingman averaged about 50 land sales a month from February through May, and about 25 a month from June through October. Golden Valley and Bullhead City show the same downward shift on a smaller scale. Meanwhile, Kingman and Golden Valley both have more land listed now than they did in January.
The data doesn't tell us why land slowed, and I would rather not guess. What it does tell us is how much land is available compared to how much is selling.
Market | Land Listed (Oct) | Avg Land Sales per Month (Aug to Oct) | Time to Sell Every Listed Lot at That Pace |
Kingman | 625 | About 24 | About 26 months |
Bullhead City | 249 | 13 | About 19 months |
Golden Valley | 528 | 19 | About 28 months |
In Kingman and Golden Valley, land listings are at the highest level on my sheet while land sales are at the lowest. For buyers, that means real choice and time to do your homework. For land sellers, it means buyers are comparing your parcel against hundreds of others, so price and the information you provide about utilities and access carry more weight than they did in the spring.
Kingman: Almost Exactly Where It Was a Year Ago
Put this October next to last October and Kingman looks remarkably similar. This October there were 574 homes for sale and 102 sales, about 5.6 months of supply. Last October there were 605 homes for sale and 107 sales, about 5.7 months. The median sold price moved from $249,000 to $253,250.
The one clear change is speed. The median home sold in 39 days this October, compared to 49 days last October.
Kingman's prices have been steady all along. Every month in my 13 months of data landed between $245,000 and $262,625, a range of about $17,600. For sellers, that makes pricing more predictable. For buyers, it means waiting for a big price drop hasn't paid off over this stretch.
Kingman's busiest month was March, with 146 sales and about 3.9 months of supply, the tightest Kingman got in my data. If you are buying next spring, expect more competition than you would see now.
Kingman land is where the change shows. Fifteen lots sold in October, the fewest in my data, while 625 are listed, the most since land inventory appears on my sheet in January. The median land sale was $25,000.
Kingman | Oct 2026 | Sep 2026 | Oct 2025 |
Active Residential Listings | 574 | 588 | 605 |
Residential Sold | 102 | 100 | 107 |
Months of Supply (calculated) | 5.6 | 5.9 | 5.7 |
Median Sold Price, Residential | $253,250 | $250,000 | $249,000 |
Median Days on Market, Residential | 39 | 23 | 49 |
Active Land Listings | 625 | 601 | Not available |
Land Sold | 15 | 27 | 42 |
Median Sold Price, Land | $25,000 | $12,750 | $15,250 |
Median Days on Market, Land | Not tracked | Not tracked | Not tracked |
Bullhead City: The October Puzzle
Bullhead City's median sold price fell from $275,500 in September to $210,000 in October, the lowest in my 13 months of data. On its own, that would look like a price drop of nearly a quarter in one month. Two other numbers point to a different explanation.
First, asking prices didn't fall. The median list price was $289,990 in October, up from $277,450 in September. If sellers across Bullhead were cutting prices, you would expect asking prices to come down as well. Instead, the middle home for sale was priced about $80,000 above the middle home that sold. In September, that gap was under $2,000.
Second, this happened last October too. In October 2025, the median list price was $306,990 and the median sold price was $225,000, a gap of about $82,000. One month later, the sold median was back at $277,000.
The most likely reading is that October's closings leaned toward lower-priced homes, not that Bullhead homes lost a quarter of their value in a month. That is still an interpretation, and November's numbers will be the real test. Two Octobers in a row is worth watching, though it is not yet enough to call a seasonal pattern.
The rest of Bullhead's October looked healthy. Compared to last October, 75 homes sold instead of 66, and the median home sold in 38 days instead of 50. There are more homes for sale, 598 versus 548, which keeps supply at about 8 months, close to last October's 8.3.
Bullhead also runs on a different calendar than Kingman. Its busiest months were June, with 125 sales, and July, with 115, while Kingman peaked in March. Summer on the river is one possible explanation, though the numbers alone can't confirm it.
Bullhead land: 10 parcels sold at a median of $37,500. Over the past 13 months, Bullhead has sold between 9 and 27 parcels a month, and its land median has ranged from $33,000 to $70,000, so a single month's land price deserves caution.
Bullhead City | Oct 2026 | Sep 2026 | Oct 2025 |
Active Residential Listings | 598 | 609 | 548 |
Residential Sold | 75 | 90 | 66 |
Months of Supply (calculated) | 8.0 | 6.8 | 8.3 |
Median Sold Price, Residential | $210,000 | $275,500 | $225,000 |
Median List Price, Residential | $289,990 | $277,450 | $306,990 |
Median Days on Market, Residential | 38 | 42 | 50 |
Active Land Listings | 249 | 245 | Not available |
Land Sold | 10 | 16 | 21 |
Median Sold Price, Land | $37,500 | $70,000 | $40,000 |
Median Days on Market, Land | Not tracked | Not tracked | Not tracked |
Golden Valley: Tighter Than a Year Ago
Golden Valley had 20 home sales in October, its most since July, at a median sold price of $212,000, the same as September.
The more meaningful change is supply. A year ago there were 130 homes for sale and 17 sales, about 7.6 months of supply. This October there were 116 homes for sale and 20 sales, about 5.8 months. Fewer homes on the market with slightly more selling means buyers have less to choose from than they did last fall.
Price is harder to read in Golden Valley. Only one month in my data had more than 24 home sales, so the median can swing by tens of thousands of dollars on a few transactions. Last November it dropped to $147,950 on 14 sales, then came back to $236,950 the next month. That is why I look at Golden Valley over several months, and anyone pricing a home there should too.
Golden Valley is also as much a land market as a home market. Over the past 12 months, 349 lots and parcels sold in Golden Valley, compared to 237 homes. In Kingman, homes outsold land more than three to one over the same stretch.
Golden Valley land: 11 parcels sold in October, the fewest in my data, at a median of $49,900. That is more than triple September's $15,000, but on 11 sales it most likely reflects which parcels happened to close, not a jump in land values. There are 528 lots and parcels listed.
Golden Valley | Oct 2026 | Sep 2026 | Oct 2025 |
Active Residential Listings | 116 | 116 | 130 |
Residential Sold | 20 | 16 | 17 |
Months of Supply (calculated) | 5.8 | 7.3 | 7.6 |
Median Sold Price, Residential | $212,000 | $212,000 | $239,750 |
Median Days on Market, Residential | 43 | 34 | 34 |
Active Land Listings | 528 | 521 | Not available |
Land Sold | 11 | 21 | 36 |
Median Sold Price, Land | $49,900 | $15,000 | $10,500 |
Median Days on Market, Land | Not tracked | Not tracked | Not tracked |
What Last Winter Can Tell Us
A lot of people assume the market goes quiet between Thanksgiving and New Year's. Last winter's numbers tell a more specific story.
December was busier than its reputation. Bullhead City closed 101 homes in December 2025 with only 497 on the market, about 4.9 months of supply, the tightest month in my Bullhead data. Kingman closed 113 homes that December with 515 on the market, about 4.6 months, tighter than this October.
January was the real slowdown. January 2026 had the fewest home sales of any month in my data in all three markets: 97 in Kingman, 58 in Bullhead City, and 13 in Golden Valley. In Bullhead, the median home sold that month took 67 days, the longest on my sheet.
One winter isn't a rule. But if you are deciding whether to list now or wait for spring, it is a useful reference point. Last year, listing before the holidays meant competing with fewer homes, and waiting meant listing into the slowest stretch of sales.
Last Winter | Kingman | Bullhead City | Golden Valley |
Homes sold, Dec 2025 | 113 | 101 | 16 |
Months of supply, Dec 2025 | 4.6 | 4.9 | 7.1 |
Homes sold, Jan 2026 | 97 | 58 | 13 |
Months of supply, Jan 2026 | 5.4 | 9.3 | 8.9 |
For comparison: Oct 2026 supply | 5.6 | 8.0 | 5.8 |
Thirteen Months at a Glance
For anyone who wants the full run, here are residential median sold prices and sales counts for all three markets over the past 13 months.
Month | Kingman Median | Kingman Sold | Bullhead Median | Bullhead Sold | Golden Valley Median | Golden Valley Sold |
Oct 2026 | $253,250 | 102 | $210,000 | 75 | $212,000 | 20 |
Sep 2026 | $250,000 | 100 | $275,500 | 90 | $212,000 | 16 |
Aug 2026 | $258,000 | 120 | $267,500 | 92 | $225,000 | 15 |
Jul 2026 | $256,000 | 110 | $275,000 | 115 | $239,900 | 23 |
Jun 2026 | $249,950 | 131 | $265,000 | 125 | $279,900 | 15 |
May 2026 | $261,950 | 128 | $265,000 | 104 | $216,000 | 23 |
Apr 2026 | $262,625 | 125 | $235,000 | 109 | $199,500 | 34 |
Mar 2026 | $249,750 | 146 | $258,500 | 102 | $246,000 | 24 |
Feb 2026 | $253,495 | 106 | $240,000 | 75 | $197,000 | 24 |
Jan 2026 | $249,000 | 97 | $280,750 | 58 | $254,450 | 13 |
Dec 2025 | $247,500 | 113 | $270,000 | 101 | $236,950 | 16 |
Nov 2025 | $245,000 | 103 | $277,000 | 80 | $147,950 | 14 |
Oct 2025 | $249,000 | 107 | $225,000 | 66 | $239,750 | 17 |
Side by side, Kingman's prices are the steadiest of the three. Golden Valley's move the most, which is what you would expect from a market with a fraction of the sales volume.
If You're Buying
Bullhead City: October's lower median doesn't mean every Bullhead home is $65,500 cheaper. Ask for recent sales of homes like the one you want, and use the extra inventory, about 8 months of supply, to compare carefully.
Kingman: Prices have held steady while homes sell about 10 days faster than last October. Having your financing ready matters more than waiting for a price drop.
Golden Valley: There are fewer homes to choose from than a year ago, so when the right one comes up, don't assume it will sit.
Land: In Kingman and Golden Valley, land listings are at their highest on my sheet and land sales at their lowest. Use that time to check water, power, septic, and access before you commit.
If You're Selling
Timing: Last winter, December was a solid month for sales in Kingman and Bullhead City, while January was the slowest month in all three markets. If your home is ready, listing before the holidays is worth considering.
Pricing: In Bullhead and Golden Valley, price from recent sales of homes like yours, not the citywide median. Bullhead's median moved $65,500 in a single month, and that tells you more about which homes closed than about what yours is worth.
Land: Buyers are comparing your parcel against hundreds of others. Clear information on water, power, and access, along with realistic pricing, matters more now than it did in the spring.
If you want to know what these numbers mean for your home or your search, I am always glad to talk it through. Call or text me at (928) 279-4248 or email ValerieSellsMohave@outlook.com. You can always find the latest numbers at ValerieMCollins.com.
Valerie Collins, REALTOR® | Torreon Realty
Data source: Multiple Listing Service figures for Kingman, Bullhead City, and Golden Valley, Arizona, for October 2025 through October 2026. Residential figures include residential property types only; land figures are reported separately. Sold prices, list prices, and days on market are medians. Median list price and median sold price describe different groups of homes and are not a measure of discounts at sale. Days on market is not tracked for land in this dataset. Months of supply is calculated by dividing active residential listings by monthly residential sales. Combined figures add the three markets together. Information is deemed reliable but not guaranteed and may not reflect every transaction.
