New Construction & Housing Market

• In 2021, there were 422 new single-family home permits issued in Cochise County, up 26.7% from 2020 and the highest since 2008. In the first half of 2022, new home permits countywide totalled 221, up nearly 50% from 148 in the first six months of 2021. 
• The year 2021 was the sixth consecutive year of growth in new home permits, coming off a low of just 139 back in 2015 (the lowest since 1991).
• Despite the rebound in recent years, new SFR home construction in 2021 was still down two-thirds from the housing-boom peak of 1,265 back in 2005.
• Countywide new home permits in 2021 were nearly double their recent 10-year average of 221, but down 16% from their 25-year average of 503.

HOME PRICES & DAYS ON MARKET

In September 2022, the median price of homes sold in Cochise County was $275,000, according to National Association of Realtors. That was up 22.2% from September 2021. The median days on market in September was 55, down from 61 in September 2021. As of October 2022, there were 1,627 homes listed for sale in Cochise County, up from 1,573 in May (Cochise County, AZ Real Estate Market).

Although Cochise County saw its median home price increase 22.2% in September 2022 (compared to September 2021), the increase was driven by the Sierra Vista market, which saw the median price jump 27.1%. Of Cochise County's seven municipalities, the other six all saw median home prices fall from a year ago.

Median home price (and % change from September 2021) for homes sold in Cochise County and its municipalities in September 2022 are (from National Association of Realtors):

Cochise County: $275,000 (+22.2%)
Sierra Vista: $305,000 (+27.1%)
Douglas: $134,000 (-16.3%)
Benson: $250,000 (-26.3%)
Bisbee: $179,900 (-20.9%)
Willcox: $158,500 (-2.9%)
Huachuca City: $155,000 (-5.8%)
Tombstone: $268,000 (-0.2%)

Available real estate in Cochise County, Arizona

Commercial real estate for sale

Commercial real estate for lease

Land for Sale

Homes for Sale

Rentals (Residential)

Apartments