Is now a good time to sell my house in Lake Havasu City?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

If you want a market signal, compare recent sales of homes like yours in Lake Havasu City with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Lake Havasu City house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Older homes are the norm in Lake Havasu City. In our sample, 15 of 20 homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there hold more of their value against new construction than the Arizona median, 25.4 percent against 24.9 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Lake Havasu City house off-market?

Privacy, no repairs and a closing date you choose.

  • Privacy. The house is never listed for sale, and there are no showings or open houses.
  • No preparation. No repairs, staging or deep cleaning before you sell.
  • Certainty on timing. You choose the closing date at the start, not after the inspection.
  • A simpler negotiation. One buyer and one conversation, from offer to closing.

What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.

What does it cost to sell a house in Lake Havasu City?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How fast can I sell my house in Lake Havasu City?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Arizona requires are done.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

How does selling my Lake Havasu City house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

What if my Lake Havasu City house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in Lake Havasu City?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Arizona can explain the rest. More in How Do I Sell a House I Inherited?

How does Lake Havasu City compare with nearby neighborhoods?

Lake Havasu City, 15 miles away, counts two older homes among the two we sampled. Prescott, 72 miles away, shows two older homes among the two we sampled. Buckeye, 115 miles away, has three older homes among the four we sampled. Lake Havasu City ranks 35th nationally for older homes, ahead of all of them.

Every neighborhood in the index has its own page, and the Arizona page lists all 44 in the state.

Do older homes in Lake Havasu City sell for less than new construction?

In our sample, yes. The average price of older homes in 86406 was 25.4 percent of the average price of new construction in the same ZIP code. The Arizona median is 24.9 percent, and the index median is 23.1 percent.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Lake Havasu City by the numbers

Older homes
15
of 20 homes sampled, built 1980 or earlier
Share of older homes
75.0%
Arizona 57.6%. Index 49.0%.
Older vs new
25.4%
Older home price as a share of new construction
National rank
#35
of 1,192 ZIP codes
State rank
#5
of 44 in Arizona
Minimum lot
8,372 sq ft
As recorded in the source data

Of the 20 homes in the Address District sample for Lake Havasu City (86406), 15 were built in 1980 or earlier, a share of 75.0 percent. That places 86406 35th of 1,192 ZIP codes nationally for the number of older homes, and fifth of 44 in Arizona.

Across the 44 Arizona ZIP codes in the index, 57.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

How 86406 compares

Share of older homes

Homes in the sample built in 1980 or earlier

86406 Lake Havasu City75.0%
Arizona57.6%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

86406 Lake Havasu City25.4%
Arizona median24.9%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
86404Lake Havasu CityMohave County, AZ15 mi550100.0%
86305PrescottYavapai County, AZ72 mi550100.0%
85396BuckeyeMaricopa County, AZ115 mi35775.0%
85383PeoriaMaricopa County, AZ119 mi223100.0%
89002HendersonClark County, NV119 mi69025.0%
85338GoodyearMaricopa County, AZ121 mi883100.0%
89012MacDonald Highlands / Green Valley Ranch edgeHenderson, NV121 mi2346.3%
89052Anthem / Seven Hills / MacDonald RanchHenderson, NV122 mi76250.0%

The top of Arizona

State rankZIPPlaceHomesOlder homesShare
185018Arcadia / Camelback EastPhoenix, AZ533362.3%
285253Paradise Valley CoreParadise Valley, AZ513160.8%
385254Kierland / Scottsdale Airpark / Magic ZIPScottsdale, AZ272385.2%
485262Troon / Desert MountainScottsdale, AZ382052.6%
685251Old Town ScottsdaleScottsdale, AZ211361.9%
785255North Scottsdale / DC Ranch / SilverleafScottsdale, AZ581119.0%
885266North Scottsdale / Pinnacle PeakScottsdale, AZ161168.8%
985260Scottsdale Airpark / Cactus CorridorScottsdale, AZ121083.3%
1085268Fountain HillsMaricopa County, AZ14750.0%
1185142Queen CreekMaricopa County, AZ12758.3%

All 44 Arizona ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.