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Arizona Housing Market

$417,990

1.1% 1-yr

The average Arizona home value is $417,990, down 1.1% over the past year, and homes go to pending in around 40 days. (Updated on )

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Arizona Key Takeaways

Typical Home Values: $417,990

1-Year Value Change: -1.1%

(Data through August 31, 2026)

Arizona Housing Market Overview

1-Year Market Forecast: --
For Sale Inventory: 37,250 ()
New Listings: 8,852 ()
Median Sale to List Ratio: 0.987 ()
Median Sale Price: $428,877 ()
Median List Price: $456,667 ()
Percent of Sales Over List Price: 14.9% ()
Percent of Sales Under List Price: 61.5% ()
Median Days to Pending: 40 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Arizona

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Arizona Rental Market Trends

Average Rent: --
National Average Rent: $1,948 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

Frequently Asked Questions

  • What are current home values in Arizona?

    The median home value in Arizona is $417,990 as of August 2026. This represents a 1.1% decrease year-over-year.

  • How do home values in Arizona compare to the national average?

    The median home value in Arizona ($417,990) is higher than the U.S. national median ($368,697), representing a 13.4% difference.

  • Which counties in Arizona have the highest home values?

    The counties with the highest median home values in Arizona include: Coconino County ($633,105), Yavapai County ($506,609), Maricopa County ($461,315), Navajo County ($401,700), Gila County ($392,305).

  • What metros in Arizona have the fastest growing home values?

    Metro areas with the highest year-over-year home value growth in Arizona include: Lake Havasu City, AZ (2.0%), Yuma, AZ (1.1%), Show Low, AZ (0.7%), Sierra Vista, AZ (0.1%).

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