What is the median home value in Lake Montezuma, AZ?

Name: Home values in Lake Montezuma, AZ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Lake Montezuma, AZ is $285,200 (±$31,244), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Montezuma, the median home value went from $164,400 in 2015–2019 to $285,200 in 2020–2024 (+73.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $285,200 (±$31,244)
Owner-occupied homes: 1,702 (±429)
Most common range: $200,000 to $299,999

Home values in Lake Montezuma

Owner-occupied homes by value, 2020–2024
Value	Lake Montezuma	Yavapai County	Arizona	United States
Less than $50,000	2.8% (±2.5 points)	4.3%	6.0%	5.3%
$50,000 to $99,999	2.2% (±2.0 points)	3.1%	3.4%	6.1%
$100,000 to $149,999	0.0% (±2.6 points)	3.1%	3.3%	6.8%
$150,000 to $199,999	10.8% (±7.8 points)	4.5%	4.7%	9.0%
$200,000 to $299,999	42.2% (±16.3 points)	13.4%	14.6%	17.8%
$300,000 to $499,999	33.1% (±13.0 points)	34.6%	36.3%	26.9%
$500,000 to $999,999	8.9% (±7.0 points)	31.0%	26.0%	20.9%
$1,000,000 or more	0.0% (±2.6 points)	6.1%	5.6%	7.1%

The most common range is $200,000 to $299,999, 42.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Montezuma against Yavapai County, its state and the nation

Estimate (90% margin of error)
	Lake Montezuma	Yavapai County	Arizona	United States
Median home value	$285,200 (±$31,244)	$425,200 (±$6,512)	$394,500 (±$1,474)	$332,700
Owner-occupied homes	1,702 (±429)	83,441 (±1,402)	1,924,098 (±9,729)	84,210,142

In Lake Montezuma, the median home value is lower than in Yavapai County ($425,200).

It is also lower than in Arizona ($394,500).

It is lower than the national figure ($332,700).

In Yavapai County, Lake Montezuma ranks 16 of 20 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 92 of 202.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lake Montezuma have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$164,400 (±$15,289)	$285,200 (±$31,244)	+73.5%	Up after inflation
Median owner cost with a mortgage	$956 (±$37)	$1,394 (±$57)	+45.8%	Up after inflation
Median real estate taxes	$1,017 (±$134)	$1,511 (±$248)	+48.6%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lake Montezuma

Nearest places with a published estimate, compared with Lake Montezuma
Place	Distance	Median home value	Compared with this place
Lake Montezuma	—	$285,200 (±$31,244)	—
Camp Verde	5.6 mi	$318,100 (±$33,640)	Not measurably different
Cornville	9.3 mi	$367,100 (±$83,588)	Not measurably different
Village of Oak Creek (Big Park)	10 mi	$741,100 (±$61,169)	Higher
Verde Village	12 mi	$354,200 (±$19,955)	Higher
Cottonwood	13 mi	$324,100 (±$35,276)	Not measurably different
Sedona	15 mi	$786,800 (±$56,549)	Higher
Clarkdale	17 mi	$373,600 (±$30,443)	Higher
Jerome	19 mi	$386,800 (±$129,450)	Not measurably different

Nearby places with a measurably higher figure: Village of Oak Creek (Big Park), AZ ($741,100), Verde Village, AZ ($354,200), Sedona, AZ ($786,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Yavapai County, place by place

Rank	Place	Median home value
10	Cornville	$367,100 (±$83,588)
11	Verde Village	$354,200 (±$19,955)
12	Paulden	$353,700 (±$62,100)
13	Cottonwood	$324,100 (±$35,276)
14	Camp Verde	$318,100 (±$33,640)
15	Black Canyon City	$288,500 (±$32,255)
16	Lake Montezuma	$285,200 (±$31,244)
17	Congress	$249,600 (±$76,660)
18	Wilhoit	$230,400 (±$86,604)
19	Cordes Lakes	$220,300 (±$32,457)
20	Spring Valley	$203,300 (±$77,733)

Showing 11 of 20 places in Yavapai County, ranked from highest to lowest.

Lake Montezuma is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Montezuma

What is the average home value in Lake Montezuma, AZ?

The Census Bureau publishes the median: $285,200 (±$31,244) for owner-occupied homes in Lake Montezuma (2020–2024 American Community Survey).

Have home values in Lake Montezuma gone up?

In Lake Montezuma, the median home value went from $164,400 in 2015–2019 to $285,200 in 2020–2024 (+73.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lake Montezuma sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Montezuma CDP, Arizona (place:39720, in state:04).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.