Mortgage Calculator & Closing Costs: Sierra Vista, AZ
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Sierra Vista, Arizona.
Median Home Price
$265K
Population
44K
Avg Monthly Rent
$1,080
Property Tax Rate
0.62% *
* Property tax shown is the Arizona state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Sierra Vista.
Sierra Vista vs Arizona Median
The median home price in Sierra Vista is $265,000, which is 30% below the Arizona state median of $380,000.
Mortgage Calculator — Sierra Vista, AZ
Pre-filled with Sierra Vista median home price and Arizona tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $265K home using Arizona's 0.62% tax rate and $2,100/yr insurance.
5% Down
$2,050/mo
Down: $13,250
Loan: $252K
P&I: $1,591
Tax: $137
Insurance: $175
PMI: $147
10% Down
$1,959/mo
Down: $26,500
Loan: $239K
P&I: $1,507
Tax: $137
Insurance: $175
PMI: $139
20% Down (No PMI)
$1,652/mo
Down: $53,000
Loan: $212K
P&I: $1,340
Tax: $137
Insurance: $175
Income needed (28% rule): $71K/year with 20% down, $84K/year with 10% down.
Rent vs Buy in Sierra Vista
Rent
$1,080/mo
vs
Buy (10% down)
$1,959/mo
Price-to-rent ratio: 20.4 — At a ratio above 20, renting may be more economical in Sierra Vista for shorter stays. Buying costs $879 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Sierra Vista is $265,000, 30% below the Arizona state median of $380,000. With a population of 43,888, Sierra Vista is a smaller market where home prices tend to be more accessible than in many parts of Arizona.
Property taxes in Arizona average 0.62% annually. This low property tax rate is a significant advantage for Sierra Vista buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Arizona runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Sierra Vista is $1,080/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Sierra Vista presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Sierra Vista.