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Featured local agent — Thatcher, AZ
Sarah Mitchell
Compass Real Estate · Thatcher, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Thatcher, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$424,000median sale price
How is the Thatcher, AZ housing market right now?
The median home sale price in Thatcher, AZ is $424,000, up 11.6% year-over-year. Homes sell in an average of 149 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Thatcher a buyer's or seller's market?
Thatcher, AZ is currently a balanced market, based on 3.0 months of supply and homes selling in about 149 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
149
Average pace
Active listings
6
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Thatcher housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $424,000 |
| Median list price | $329,450 |
| Year-over-year price change | +11.6% |
| Average days on market | 149 days |
| Active inventory | 6 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 66.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Thatcher by property type?
How the Thatcher, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $424,000 | $182/sq ft | 2 | 149 days |
| Townhouse | $203,000 | $156/sq ft | 1 | 74 days |
Source: Redfin · Updated monthly
The Thatcher housing market is currently classified as a balanced market with a median sale price of $424,000. Prices have risen 11.6% compared to last year, with homes spending an average of 149 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Thatcher
There are currently 6 homes listed for sale in Thatcher, Arizona. The median listing price is $329K.
Active listings
6
Homes on market
Median list price
$329K
Avg. days on market
149
Days until sale
New this week
2
Newly listed
Who lives in Thatcher?
Population
5,354
Median income
$77,455/yr
Median age
29.6 years
Owner-occupied
70.9%
College grads
21.1%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Thatcher?
Zillow home value
$356,416
Zillow rent index
$1,200/mo
Price-to-rent ratio
24.8x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Thatcher?
Thatcher is a community of approximately 5K residents with a median age of 29.6 years.The median household income is $77,455, which reflects a relatively affluent area with strong earning potential. 21.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Thatcher offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Thatcher?
7 schools tracked · 1,843 students
The largest public schools serving Thatcher, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Thatcher Elementary School
Grades 3-6 · 537 students
Thatcher High School
Grades 9-12 · 512 students
Jack Daley Primary School
Grades PK-2 · 430 students
Thatcher Middle School
Grades 7-8 · 301 students
Eagle Online Academy
Grades 7-12 · 42 students
GIFT - Gila Institute for Technology
Grades 9-12 · 21 students
GIFT - Thatcher High School
Grades 9-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Thatcher, AZ?
Want a head-to-head view? Compare Thatcher side-by-side with any other U.S. city using our market-comparison tool.
Is Thatcher a good real estate investment market?
For investors evaluating Thatcher, the price-to-rent ratio of 24.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 11.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Thatcher's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Thatcher's median home price.
Frequently asked questions
What is the average home price in Thatcher?
The median home sale price in Thatcher is $424,000, up 11.6% from last year.
How long do homes stay on market in Thatcher?
Homes typically spend 149 days on market before going under contract.
What is the median income in Thatcher?
The median household income is $77,455 per year.
Is Thatcher a buyer's or seller's market?
With 3.0 months of supply, Thatcher is currently a balanced market.
What is the Zillow home value estimate for Thatcher?
The Zillow Home Value Index (ZHVI) for Thatcher is $356,416, representing the typical home value in the area.
How much does a single-family home cost in Thatcher?
The median single-family home price in Thatcher, AZ is $424,000 (about $182 per square foot).
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