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Sarah Mitchell
Compass Real Estate · ZIP 86429
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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86429 ZIP Code Housing Market
$410,000median sale price
What is the 86429 housing market like right now?
The median home sale price in ZIP code 86429 is $410,000, down 1.8% year-over-year. Homes sell in an average of 55 days with 111 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 86429 ZIP code a buyer's or seller's market?
ZIP code 86429 is currently a leaning buyer's and homes selling in about 55 days. How we determine this →
What are the latest 86429 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $410,000 |
| Median list price | $389,900 |
| Year-over-year price change | -1.8% |
| Average days on market | 55 days |
| Active inventory | 111 listings |
| Sale-to-list price ratio | 97.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 86429 zip code, located in Katherine, AZ, is currently classified as a leaning buyer's. The median sale price stands at $410,000, representing a -1.8% change year over year. Homes in this area spend an average of 55 days on the market before going under contract. There are currently 111 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 86429 sits in the Katherine, AZ area, roughly 6.4 miles from downtown Katherine. Because home prices are set street by street, this ZIP can move differently from Katherine's citywide averages. The figures below reflect 86429 specifically — drawn from Redfin transactions, U.S. Census data for its 8,619 residents, and Zillow value estimates.
Homes sold
57
Last 12 weeks
Days on market
55
Average pace
Active listings
111
Sale-to-list
97.7%
Below asking
What is driving the 86429 housing market?
The 86429 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 97.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 86429 have declined -1.8% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 86429 stands at $406,025, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,255 per month. This gives a price-to-rent ratio of approximately 27.0, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 86429?
Population
8,619
Median income
$58,906/yr
Median age
60.2 years
Owner-occupied
65.0%
College grads
17.3%
Avg commute
16.15 min
What is it like living in 86429?
Zip code 86429 is home to approximately 8,619 residents. The median household income is $58,906 per year, which shapes the types of homes and amenities available in the area. With a median age of 60.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 65.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 17.3% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 16.15 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 86429.
Which public schools serve ZIP 86429?
2 schools tracked · 490 students
The largest public schools serving ZIP code 86429 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.
Sunrise Elementary
Grades PK-5 · 369 students
Mohave Accelerated Elementary School East
Grades K-5 · 121 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 86429
What is the median home price in 86429?
The current median sale price in 86429 is $410,000, based on recent Redfin transaction data. Prices have changed -1.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 86429 a buyer's or seller's market?
The 86429 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 86429?
Zip code 86429 has a population of approximately 8,619 residents. The median household income is $58,906 per year. About 65.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 86429?
Properties Incorporated provides comprehensive data for 86429 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 86429 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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