Situated along the eastern banks of the Colorado River in northwest Arizona, Mohave Valley offers a tranquil, laid-back lifestyle with quiet neighborhoods that boast unobstructed vistas of the desert landscape and majestic mountains.
The Mohave Valley AZ real estate is comprised of beautiful properties surrounded by natural wonders that allows residents to relax and reconnect with the environment.
Current Real Estate Market Trends
As of February 2025, home prices in Mohave Valley were up 79.1% compared to last year, selling for a median price of $420,000. On average, homes sell after 35 days on the market.
The Mohave Valley real estate market is not very competitive. Multiple offers are rare. The average homes sell for about 3% below list price and go pending in around 35 days, while hot homes can sell for around list price and go pending in around 8 days.
Types of Properties in Mohave Valley
Mohave Valley real estate offers a wide range of properties, including single-family homes, condos, townhomes, duplexes/triplexes, and land.
You can also find bank-owned homes, short sale properties, and properties within 55+ communities, gated communities, golf course communities, and riverfront/waterfront areas.
Popular Neighborhoods
Every community in Mohave Valley, AZ, has its own distinct charm. Given the area’s diverse enclaves, there’s something that will suit your needs and preferences.
Cimarron Lake
Cimarron Lake is a new community in Mohave Valley, AZ, set amidst the serene splendor of desert landscapes and framed by magnificent mountain views.
The neighborhood features its own lake, providing a scenic backdrop for morning walks, sunset strolls, and catch-and-release fishing.
Homes for sale in Cimarron Lake offer the best of single-level living, featuring designer-selected finishes, open-concept layouts, and top-quality craftsmanship. You can opt for move-in-ready properties or customizable buildable plans.
The affordable new construction houses are ideal for first-time homebuyers, empty nesters, and those who prefer modern living spaces without breaking the bank.
If you want to settle in a peaceful, growing neighborhood and enjoy outdoor adventures near the river, Cimarron Lake, AZ, is the best option for you.
El Rio Country Club
El Rio Country Club is a gated community that features an 18-hole championship golf course expertly designed by Matt Dye. The course has a challenging par 72 layout with tees ranging from 5,300 to 7,100 yards.
The clubhouse boasts a Spanish mission-style architecture. Inside, you’ll find a spacious dining room and bar perfect for social gatherings. The patio and private meeting room offer more intimate settings for special events.
Homes for sale in El Rio Country Club are ideal for golf enthusiasts. The proximity to the golf course not only offers convenient access to the sport but also provides serene views of well-maintained landscapes.
Willow Valley
Willow Valley, the Colorado River area’s hidden gem, is a unique river community where residents enjoy the perks of being on the water, with their own private marina, boat launch, and beach on the Colorado River.
The neighborhood offers a variety of housing options, from small weekend trailers to upscale river residences. Many properties in Willow Valley are manufactured homes, with a few ranch-style houses.
Properties are typically surrounded by chain-link fences and sit on quiet, dusty roads. Most homes don’t feature landscaped yards, but some have rock gardens or mature palm trees to shade from the desert sun.
The Cost of Living and Property Prices
The overall cost of living in Mohave Valley, AZ, is 7% lower than the national average. This means that the cost of basic expenses such as housing, utilities, food and groceries, and healthcare are lower in this area.
Almost all of the basic expenses are cheaper in Mohave Valley, AZ, compared to the national average, except for transportation expenses:
- Housing expenses are 6% lower than the national average.
- Utility prices are 12% lower than the national average.
- Grocery prices are 1% lower than the national average.
- Healthcare is 7% lower than the national average.
- Transportation expenses are 5% higher than the national average.
To live comfortably in Mohave Valley, a family would need $4,440 per month or $53,280 for a year. This is 17.8% less expensive than the national average.
For a single resident, the monthly cost of living in Mohave Valley is $2,567, 46.2% less expensive than the national average.
Mohave Valley Real Estate Investment
Mohave Valley, AZ, is a good place to invest in real estate because of its affordable housing market and growing demand.
While the Mohave Valley real estate market may not be as competitive as other areas, the potential for property value appreciation and rental income is attractive. The area has a strong rental market, particularly for vacation rentals along the Colorado River and near tourist attractions.
The affordability of homes, growing demand, and rental opportunities make Mohave Valley an attractive option for real estate investors.
Navigating the Home Buying Process
Home buyers in Mohave Valley, AZ, will benefit from conducting thorough research of the neighborhoods in the area, understanding the local real estate market, preparing for potential negotiation, and securing a loan that fits their budget and needs.
Here are the steps involved in the home buying process:
- 1. Understand the Mohave Valley market
- 2. Get pre-approved by a lender
- 3. Work with a real estate agent
- 4. Research and evaluate properties
- 5. Make an offer
- 6. Close the deal
Conclusion
With its tranquil, laidback neighborhoods that boast unobstructed views of the desert landscape and majestic mountains, Mohave Valley is the perfect place to call home.
If you’d like to see your options in the area, please give me a call today at
714-514-1176 or send me an email at Lee@RiverRatsRealty.com to schedule an appointment.
Frequently Asked Questions
The average Mohave Valley, AZ, home value is $295,746, as of March 31, 2025.
Yes, Mohave Valley, AZ, is a good place to invest in real estate due to its affordable housing market and growing demand.
Mohave Valley’s overall cost of living is 7% lower than the national average.
Cimarron Lake, El Rio Country Club, and Willow Valley are the most popular neighborhoods in Mohave Valley, AZ.
