85624
Nogales, Arizona
Nogales 85624 needs watching.
The 85624 ZIP code in Nogales, Arizona has a median sale price of $398K, down -30.9% year-over-year. Homes spend an average of 114 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 85624.
The Nogales 85624 market exhibits significant distress signals, with the median sale price at $397,579 following a sharp 30.9% year-over-year decline. Properties are averaging 113.5 days on market, well above typical healthy market velocity of 30-60 days. No homes are selling above list price, indicating zero competitive bidding pressure and suggesting sellers are struggling to meet current market valuations in this border community.
Aggressive buyers with cash positions should find favorable negotiating conditions given the 113-day average marketing period and complete absence of bidding competition. Patient investors seeking below-trend entry points may benefit from the 30.9% price correction, though border market volatility requires careful due diligence. Sellers face challenging conditions and should expect extended marketing timelines and likely need to price below recent comparable sales to achieve transactions.
The PropIQ score of 41/100 signals continued caution, suggesting further price discovery may occur before stabilization. The combination of triple-digit days on market and zero above-list sales indicates demand has not yet absorbed current inventory at prevailing prices. Monitor month-over-month sales velocity and new listing volume through Q2 2026 to identify whether this correction is finding a floor or requires additional price adjustment to clear inventory.
What is the median home price in 85624 Nogales?
The median sale price in 85624 is $398K, down -30.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nogales 85624?
Homes in 85624 Nogales spend an average of 114 days on market before going under contract.
Is Nogales 85624 a good place to invest in real estate?
Folio's PropIQ™ score for 85624 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 85624?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 85624 Nogales, Arizona.