Mortgage Rates in Sierra Vista, Arizona — March 2026
Updated March 2026 | Based on Sierra Vista market data and regional lending conditions
Sierra Vista is a growing city in Arizona with a population of 44,304. The current 30-year fixed mortgage rate in Sierra Vista is 6.67%, which is 0.02% above the national average. With a median home price of $402,000 and a 20% down payment of $80,400, homebuyers can expect a monthly principal and interest payment of approximately $2,069.
Current Mortgage Rates in Sierra Vista, AZ
Below are the current average mortgage rates available in the Sierra Vista area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.46% | 6.25% | +0.21% |
| VA | 6.21% | 6.05% | +0.16% |
| Jumbo | 6.92% | 6.85% | +0.07% |
Sierra Vista Housing Market Overview
The Sierra Vista housing market reflects moderate demand with prices near the national average. The median household income in Sierra Vista is $54,100, and the cost of living index is 96.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $96,986 to comfortably afford the median-priced home in Sierra Vista, which exceeds the current median household income.
Monthly Payment Breakdown for Sierra Vista
Based on the median home price of $402,000 with 20% down ($80,400), here is what you can expect to pay monthly in Sierra Vista:
15-Year vs. 30-Year Mortgage in Sierra Vista
Choosing a 15-year mortgage in Sierra Vista at 5.93% instead of a 30-year at 6.67% would save you $258,480 in total interest over the life of the loan. However, your monthly payment would be $2,702 instead of $2,069 — an increase of $633 per month.
Calculate Your Sierra Vista Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Sierra Vista
What are the current mortgage rates in Sierra Vista, AZ?
As of March 2026, the average 30-year fixed mortgage rate in Sierra Vista, Arizona is 6.67%, while the 15-year fixed rate is 5.93%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Sierra Vista?
Based on the median home price of $402,000 with 20% down, the estimated monthly mortgage payment in Sierra Vista is $2,069 for principal and interest. Including property taxes of $194/month, the total monthly housing cost is approximately $2,263.
What income do I need to buy a home in Sierra Vista?
Using the 28% rule, you would need an annual income of approximately $96,986 to afford the median-priced home in Sierra Vista at $402,000. The median household income in Sierra Vista is $54,100. This means most households would need to either earn above the median or consider homes below $402,000.
Is Sierra Vista a good place to buy a home in 2026?
Sierra Vista offers a below-average cost of living with a cost of living index of 96.3 (national average = 100). The property tax rate in Arizona is 0.58%, which is below the national average. Sierra Vista has a population of 44,304 and offers a balanced lifestyle.
Mortgage Rates in Other Arizona Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Sierra Vista, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.