85939
Show Low, Arizona

The Show Low 85939 market shows significant stress with a median sale price of $290,000, down 29.3% year-over-year as of February 2026. Properties are averaging 174 days on market, more than five months, indicating weak buyer demand. Zero homes are selling above list price, confirming a decisive shift to buyer-favorable conditions. This price correction represents one of the steeper declines in Arizona's regional markets, suggesting either prior overvaluation or fundamental demand deterioration in this mountain community.

Patient cash buyers and bargain-focused investors gain maximum advantage in this environment. The 174-day marketing period provides extended negotiation windows, while the 29.3% price decline has potentially restored affordability for first-time buyers priced out during previous appreciation cycles. Sellers face challenging conditions and should avoid listing unless necessary, as the zero above-ask metric indicates no pricing power. Investors seeking rental properties may find value if purchase prices support positive cash flow at current rental rates.

The PropIQ score of 27/100 signals continued caution, suggesting further price weakness or extended inventory absorption ahead. With no homes commanding premium prices and extended marketing times, this market has not established a floor. Buyers should monitor month-over-month inventory levels and days-on-market trends for stabilization signals before assuming bottom pricing. Any score movement above 40 would indicate early recovery, but current data suggests Q2 2026 remains a buyer's market with downside risk persisting.