Paradise Valley, AZ Housing Market

$3,269,452

10.3% 1-yr

The average Paradise Valley, AZ home value is $3,269,452, up 10.3% over the past year and goes to pending in around 63 days.

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

Paradise Valley Key Takeaways

Typical Home Values: $3,269,452

1-year Value Change: +10.3%

(Data through June 30, 2025)

Paradise Valley Housing Market Overview

--1-year Market Forecast

188For sale inventory(June 30, 2025)

31New listings(June 30, 2025)

0.953Median sale to list ratio(May 31, 2025)

$3,550,000Median sale price(May 31, 2025)

$4,558,333Median list price(June 30, 2025)

4.3%Percent of sales over list price(May 31, 2025)

86.1%Percent of sales under list price(May 31, 2025)

63Median days to pending(June 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Paradise Valley

NameMedian ZHVI
Gainey Ranch$1,158,171
Paseo$860,264
Villa Monterey$484,622
Sands Scottsdale$906,944
Park Scottsdale$703,283
Camelback East$567,564
Southwest Village$787,052
Paradise Park$1,420,442
Sundown Ranch$943,830

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Paradise Valley Rental Market Trends

$2,488Average rent in Paradise Valley(June 30, 2025)

$2,069National average rent(June 30, 2025)

3.3%Month-over-month change(June 30, 2025)

13.9%Year-over-year change(June 30, 2025)

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.