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Buying a home in Fort Mohave, Arizona

The typical owner-occupied home in Fort Mohave is worth about $294,300, 25% below the Arizona median of $394,500 and 12% below the national median of $332,700. Owners pay a median $1,433 a year in property taxes, about 0.49% of their home's value, close to the Arizona rate of 0.48%. The median household earns $64,815 a year, so the median home costs 4.5 times the median income (4.9 times for Arizona). 86% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.

Fort Mohave at a glance

Fort Mohave Arizona U.S.
Median home value $294,300 $394,500 $332,700
Median property tax paid per year $1,433 $1,879 $3,119
Property tax as a share of value 0.49% 0.48% 0.94%
Median household income $64,815 $79,964 $80,734
Homes lived in by their owners 86% 67% 65%
Owner homes with a mortgage 62% 62% 61%
Median monthly costs, owners with a mortgage $1,422 $1,803 $1,963
Those costs as a share of the owners' income 22.7% 20.5% 21.0%
Median rent $1,010 $1,543 $1,413
Rent as a share of renters' income 27.9% 30.8% 30.6%
Median year homes were built 2001 1992 1980
Vacant homes 12.7% 10.5% 10.1%
Population 15,715 7,378,838 334,922,499

What a typical home costs per month in Fort Mohave

At this week's average 30-year rate of 7.11%, buying the median Fort Mohave home of $294,300 with 20% down costs about $1,827 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,317, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $78,284 for the 20%-down payment. That payment is 34% of the median Fort Mohave household income of $64,815; at that income and 20% down, the 28% guideline points to a home of about $244,000.

The median rent here is $1,010 a month, so owning the median home costs about $817 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$58,860
Loan amount$235,440
Principal and interest$1,584
Property taxes (0.49% a year)$120
Homeowners insurance (our estimate, 0.5% a year)$123
PMI$0
Total per month$1,827

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3.5% down, 30-year FHA loan
Down payment$10,300
Loan amount$288,969
Principal and interest$1,944
Property taxes (0.49% a year)$120
Homeowners insurance (our estimate, 0.5% a year)$123
FHA mortgage insurance$130
Total per month$2,317

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Questions about home buying in Fort Mohave

What is the median home value in Fort Mohave?

About $294,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Fort Mohave?

Homeowners pay a median $1,433 a year, which is about 0.49% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Fort Mohave?

For the median home with 20% down at 7.11%, the payment is about $1,827 a month. Keeping that under 28% of gross income takes about $78,284 a year.

More about Fort Mohave

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data