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Arizona Home Values and Rents
The median home value in Arizona is $394,500, 16th highest among states. Prices changed +0.6% in the year through Q2 2026.
- Typical home value
- $416,733
- 16th of 51 states
- Median rent
- $1,543/mo
- ACS 2020-2024
- Price change, 1 year
- +0.6%
- 43rd fastest of 51
- Homeownership
- 67.4%
- Owner-occupied homes
Arizona home prices since 2000
FHFA purchase-only House Price Index, seasonally adjusted (1991 = 100)
Show as a table
| Period | Arizona |
|---|---|
| Q2 2026 | 565 |
| Q4 2025 | 568 |
| Q4 2024 | 564 |
| Q4 2023 | 555 |
| Q4 2022 | 525 |
| Q4 2021 | 499 |
| Q4 2020 | 392 |
| Q4 2019 | 343 |
| Q4 2018 | 318 |
| Q4 2017 | 293 |
| Q4 2016 | 272 |
| Q4 2015 | 253 |
| Q4 2014 | 235 |
| Q4 2013 | 226 |
| Q4 2012 | 197 |
Over five years, Arizona home prices changed +27.4%, compared with +29.9% for the U.S.
Source: Federal Housing Finance Agency ยท Last updated 07/01/2026
Home values by county
Zillow typical home value; price changes from FHFA annual county index
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| # | County | Typical value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | Coconino County | $618,865 | $1,473 | +2.3% | +61.9% |
| 2 | Yavapai County | $496,923 | $1,351 | +2.6% | +55.1% |
| 3 | Maricopa County | $455,168 | $1,708 | +0.7% | +56.1% |
| 4 | Navajo County | $393,934 | $858 | +3.2% | +69.5% |
| 5 | Gila County | $385,173 | $1,030 | -0.8% | +51.6% |
| 6 | Pinal County | $359,830 | $1,537 | +1.1% | +59.3% |
| 7 | Mohave County | $349,812 | $1,091 | +1.0% | +48.7% |
| 8 | Pima County | $335,772 | $1,212 | +1.1% | +56.2% |
| 9 | Apache County | $319,753 | $647 | +0.1% | +75.0% |
| 10 | Graham County | $303,340 | $935 | +8.4% | +61.6% |
| 11 | Yuma County | $276,759 | $993 | +1.6% | +58.2% |
| 12 | Santa Cruz County | $273,922 | $829 | -0.7% | +52.1% |
| 13 | La Paz County | $261,246 | $802 | +10.5% | +54.4% |
| 14 | Cochise County | $260,551 | $995 | +3.1% | +54.9% |
| 15 | Greenlee County | $158,270 | $648 | - | - |
Most expensive cities in Arizona
Cities and towns with 10,000+ residents, by typical home value
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| # | City | Population | Typical value | Median rent |
|---|---|---|---|---|
| 1 | Paradise Valley | 12,611 | $3,592,515 | $3,500+ |
| 2 | Scottsdale | 243,821 | $851,746 | $2,013 |
| 3 | New River | 18,240 | $758,272 | $1,948 |
| 4 | Fountain Hills | 23,789 | $658,829 | $1,890 |
| 5 | Catalina Foothills | 52,593 | $652,000 | $1,412 |
| 6 | Flagstaff | 76,445 | $650,175 | $1,645 |
| 7 | Queen Creek | 71,867 | $629,797 | $2,210 |
| 8 | Tanque Verde | 15,866 | $607,900 | $1,347 |
| 9 | Prescott | 47,400 | $592,855 | $1,395 |
| 10 | Gilbert | 280,262 | $565,459 | $2,110 |
| 11 | Anthem | 22,584 | $557,701 | $2,548 |
| 12 | Chandler | 280,136 | $512,981 | $1,902 |
| 13 | Saddlebrooke | 13,085 | $498,700 | $2,774 |
| 14 | Oro Valley | 48,162 | $493,744 | $1,669 |
| 15 | Chino Valley | 13,602 | $493,692 | $1,248 |
| 16 | Peoria | 196,906 | $480,440 | $1,843 |
| 17 | Gold Canyon | 13,107 | $478,186 | $1,542 |
| 18 | Tucson Mountains | 11,353 | $473,200 | $1,450 |
| 19 | Goodyear | 107,645 | $463,514 | $1,956 |
| 20 | Lake Havasu City | 58,359 | $459,245 | $1,320 |
| 21 | Tempe | 188,065 | $458,515 | $1,743 |
| 22 | Sun Lakes | 13,924 | $455,200 | $1,938 |
| 23 | Prescott Valley | 49,179 | $454,799 | $1,580 |
| 24 | Payson | 16,622 | $443,575 | $1,345 |
| 25 | Show Low | 12,102 | $437,091 | $1,110 |
Most affordable cities in Arizona
Cities and towns with 10,000+ residents, lowest home values first
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| # | City | Population | Typical value | Median rent |
|---|---|---|---|---|
| 1 | Flowing Wells | 16,559 | $41,100 | $1,034 |
| 2 | New Kingman-Butler | 13,993 | $118,900 | $1,018 |
| 3 | Douglas | 15,981 | $172,045 | $772 |
| 4 | Fortuna Foothills | 28,896 | $199,200 | $1,141 |
| 5 | Tucson Estates | 12,136 | $205,400 | $1,248 |
| 6 | Nogales | 19,841 | $216,003 | $737 |
| 7 | San Luis | 37,337 | $235,142 | $741 |
| 8 | Drexel Heights | 27,675 | $250,100 | $1,342 |
| 9 | Sierra Vista Southeast | 14,330 | $258,800 | $1,180 |
| 10 | Coolidge | 16,636 | $262,568 | $1,314 |
| 11 | Rio Rico | 22,017 | $265,691 | $1,091 |
| 12 | Eloy | 17,433 | $266,349 | $978 |
| 13 | Somerton | 14,574 | $266,618 | $896 |
| 14 | Kingman | 34,375 | $273,927 | $1,058 |
| 15 | Green Valley | 22,114 | $276,015 | $1,171 |
Home sale prices by metro area
Zillow median sale price, Sep 2026. Metro areas can cross state lines.
| Metro area | Median price | 1 yr |
|---|---|---|
| Prescott Valley-Prescott, AZ | $502,156 | +2.0% |
| Phoenix-Mesa-Chandler, AZ | $442,408 | -2.8% |
| Tucson, AZ | $344,397 | +2.1% |
| Lake Havasu City-Kingman, AZ | $319,644 | -4.0% |
| Yuma, AZ | $271,445 | -4.7% |
| Sierra Vista-Douglas, AZ | $270,170 | -9.3% |
Metro areas in Arizona
FHFA all-transactions index; metro areas may cross state lines
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| Metro area | 1-year | 5-year |
|---|---|---|
| Flagstaff, AZ | +2.9% | +46.7% |
| Tucson, AZ | +1.9% | +39.5% |
| Phoenix-Mesa-Chandler, AZ | +0.8% | +35.8% |
| Yuma, AZ | 0.0% | +40.8% |
| Lake Havasu City-Kingman, AZ | -0.1% | +27.0% |
| Prescott Valley-Prescott, AZ | -0.7% | +34.5% |
| Sierra Vista-Douglas, AZ | -0.8% | +39.4% |
ZIP codes with the biggest 5-year price gains
FHFA annual ZIP code index, 2025
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Frequently asked questions
- What is the median home value in Arizona?
- The median value of owner-occupied homes in Arizona is $394,500, according to the American Community Survey 2020-2024 5-year estimates. That ranks 16th highest among the states and D.C.
- Are home prices going up in Arizona?
- Home prices in Arizona changed +0.6% over the year through Q2 2026 and +27.4% over five years, according to the FHFA House Price Index.
- What is the most expensive city in Arizona?
- Among cities and towns with at least 10,000 residents, Paradise Valley has the highest typical home value at $3,592,515, followed by Scottsdale ($851,746) and New River ($758,272).
- Where are homes most affordable in Arizona?
- Flowing Wells has the lowest typical home value among cities with 10,000+ residents at $41,100, followed by New Kingman-Butler ($118,900) and Douglas ($172,045).
- How much do homes sell for in Arizona?
- In Sep 2026, the median sale price was $502,156 in the Prescott Valley-Prescott, AZ area, $442,408 in the Phoenix-Mesa-Chandler, AZ area and $344,397 in the Tucson, AZ area, according to Zillow. These are the metro areas in Arizona with the highest median sale prices.
- What is the average rent in Arizona?
- The median gross rent in Arizona is $1,543 a month, including utilities paid by the renter (ACS 2020-2024). About 33% of households rent.