Maricopa County Home Prices & Values

$199,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.7% 1-year change
  • 3.7% 1-year forecast

The median home value in Maricopa County is $199,400. Maricopa County home values have gone up 0.7% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in Maricopa County is $127, which is higher than the Phoenix Metro average of $123. The median price of homes currently listed in Maricopa County is $249,900 while the median price of homes that sold is $210,560. The median rent price in Maricopa County is $1,185, which is higher than the Phoenix Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Maricopa County 4.3 homes are foreclosed (per 10,000). This is lower than the Phoenix Metro value of 4.4 and also lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Maricopa County is 3.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Maricopa County homeowners underwater on their mortgage is 19.5%, which is lower than Phoenix Metro at 20.1%.

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Relative ZHVI
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Maricopa County Market Overview

Data through Jul 31, 2014
  • $199,400 ZHVI
  • 3.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $249,900 Median listing price
  • $210,560 Median sale price
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Maricopa County Market Health

Data through Jul 31, 2014
  • 2.4/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 101 Average days on Zillow (Jun 30, 2014)
  • 19.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.3 homes Maricopa County
4.4 homes Phoenix Metro
4.4 homes United States
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Cities in Maricopa County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Goodyear $220,600 Litchfield Park $212,800 Surprise $191,000
Glendale $168,900 Avondale $162,600 Buckeye $156,000
El Mirage $130,100 Tolleson $89,300 Youngtown $83,700

Listings & Sales

Data through Jul 31, 2014
  • $127 Median list price / sq ft
  • $120 Median sale price / sq ft
  • 45.1% Listings with price cut
18.7%
Sold below listing
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Maricopa County Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,223 Maricopa County
$1,202 Phoenix Metro
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,185 Rent list price
  • $0.81 Rent list price / sq ft
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