The story of this market
The typical home in ZIP 85624 sells for about $405,000, or $235 per square foot.
Prices are down 19% from a year ago, which gives buyers more room to negotiate. Homes take about 128 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,332 a month.
ZIP 85624 — Patagonia
The Patagonia housing market is currently experiencing a slight cooling, with median prices pulling back from earlier highs and inventory levels rising. The market is characterized by low transaction volume and high vacancy rates, reflecting its status as a niche, rural destination rather than a high-growth urban center.
This ZIP is best suited for retirees, outdoor enthusiasts, and those seeking a quiet, small-town lifestyle, rather than traditional commuters or investors seeking high cash flow.
Median prices moved down 19.0% year over year.
Homes spend a median of 128 days on market with 15.4 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 7.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 85624, Santa Cruz County, AZ
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Patagonia are generally low, reflecting its small-town, rural character, though specific regional comparative data is limited.
Schools serving the area are part of the Patagonia Elementary and Union High School Districts, which are small and rural in nature.
The area faces risks typical of Southern Arizona, including wildfire potential in surrounding dry brushlands and occasional flash flooding during monsoon seasons.
Economic momentum is driven by tourism, birding, and local services, with limited large-scale industrial or corporate development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
Commuting is primarily by personal vehicle, with Tucson serving as the nearest major employment hub, approximately 60 miles away.
Patagonia is a renowned destination for birding, hiking, and outdoor recreation, featuring the Patagonia-Sonoita Creek Preserve and proximity to the Arizona Trail.
The rental market is characterized by high vacancy rates and limited inventory, with a significant portion of housing stock serving as weekend or seasonal retreats.
The local economy is heavily reliant on education, healthcare, tourism, and arts-related services.
Transportation is almost exclusively via private vehicle; there is no significant public transit infrastructure.
Development is limited, with a focus on preserving the town's rural and historic character.
Santa Cruz County Assessor manages property valuations based on market-value assessments.
Parcels are subject to local school district taxes and county-wide levies.
Property insurance premiums are influenced by wildfire risk and the remote nature of the geography.
Data sourced from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A world-renowned birding site and riparian habitat.
Offers boating, fishing, and camping nearby.
Patagonia is a designated Gateway Community for this long-distance trail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.