Arizona housing market
The median home value in Arizona is $421K as of Jul 2026, down 1.4% over the past year. Explore the Arizona home-price trend, 12-month outlook, and every county below.
Median home value
$421K
as of Jul 2026
1-year change
-1.4%
year-over-year
Arizona home-value trend
Updated Jul 2026Typical home value (Zillow ZHVI), last 10 years, vs. the U.S..
Arizona median home value over time
| Date | Typical home value |
|---|---|
| Sep 2016 | $225K |
| Sep 2018 | $260K |
| Aug 2020 | $300K |
| Aug 2022 | $465K |
| Jul 2024 | $440K |
| Jul 2026 | $421K |
Arizona housing market at a glance
Statewide supply and demand. Source: Census ACS, Insight Score Engine (Zillow + Census), Realtor.com, Realtor.com + Redfin, Redfin
| Metric | Value | As of |
|---|---|---|
| Median list priceWhat sellers are currently asking, across all active listings. | $467K | Jul 2026 |
| Median price per square footClosed sales only, so markets with different typical home sizes compare fairly. | $256 | May 2026 |
| Price per square foot, 1-year changeSize-adjusted price movement over the last 12 months. | -0.4% | May 2026 |
| Median days on marketHow long a typical listing sits before it sells or is pulled. | 67 | Jul 2026 |
| Months of supplyHow long it would take to sell every active listing at the current pace. Under 6 months leans toward sellers. | 3.16 | May 2026 |
| Active listingsHomes on the market right now, excluding pending sales. | 28,572 | Jul 2026 |
| Inventory vs. 2019Supply against the same month of the last pre-pandemic year. Negative still means tighter than 2019. | +27.9% | Jul 2026 |
| Pending sales vs. active listingsHomes under contract measured against homes still available. Higher means demand is clearing supply faster. | 34.0% | Jul 2026 |
| Median home sizeSquare footage of the typical listed home. | 1,861 | Jul 2026 |
| Priced above fundamentalsHow far the typical home sits above what local incomes and rents support. Positive means stretched. | +50.6% | Jul 2026 |
Home prices in Arizona's biggest markets
The 10 most-populated counties in Arizona, compared on typical home value and its 1-year change.
Who lives in Arizona
Population, income and housing-stock context behind the prices above
| Metric | Value | As of |
|---|---|---|
| PopulationLatest Census population estimate. | 7.38M | Jan 2024 |
| Median household incomeWhat the typical household earns, from the Census ACS. | $80.0K | Jan 2024 |
| Median ageHalf the population is older than this, half younger. | 39 | Jan 2024 |
| Empty homes that are actually for sale or rentOf the homes sitting empty, the share genuinely on the market. The rest are seasonal, tied up, or off-market. | 23.0% | Jan 2024 |
| Residents 55 and olderThe share of the population at or near retirement age. | 30.9% | Jan 2024 |
Arizona home prices by county
Browse all 15 counties in Arizona. Each shows home values, a 12-month forecast, crash and climate risk, property tax, and cap rate.
Top movers in Arizona
The Arizona counties drawing the most new residents on the latest IRS county-to-county migration data. See where people are moving from and to in each.
See where people are moving nationwide →Arizona housing market FAQ
What is the median home price in Arizona?
The median home value in Arizona is $421K as of Jul 2026, down 1.4% over the past year. Curb Report tracks Arizona home values monthly from Zillow's home value index, with a county-by-county breakdown.
What is the average home price in Arizona?
The average home price in Arizona is about $421K as of Jul 2026. Strictly speaking that figure is the typical home value from Zillow's home value index, which behaves like a median rather than a true arithmetic mean. That is the more useful number: a real average is pulled upward by a small number of luxury sales, so it overstates what an ordinary Arizona home costs.
How long does it take to sell a house in Arizona?
A typical Arizona listing spends 67 days on the market before it sells or is withdrawn, as of Jul 2026. That is the statewide median; individual counties vary widely, and the county breakdown below shows where homes move fastest.
Is Arizona a buyer's market or a seller's market?
Arizona currently has 3.16 months of supply as of May 2026, meaning it would take that long to sell every active listing at the current sales pace. Under roughly six months is conventionally read as a seller's market and above it as a buyer's market, so Arizona sits on the seller-leaning side of that line today.
Is now a good time to buy a home in Arizona?
Curb Report's 12-month price forecast for Arizona currently points to mixed signals. Weigh it against the Arizona home-price trend and each county's outlook below before you buy.
Will the Arizona housing market crash?
Arizona's housing crash risk is currently elevated, based on how prices compare with local fundamentals and the 2008 baseline. Elevated risk doesn't predict a crash; it flags where the downside is larger if conditions turn. See the county-by-county crash-risk breakdown on Curb Report.
How much have home values changed in Arizona?
Arizona home values are down 1.4% over the past year, with the typical home now worth $421K. Explore the full 10-year Arizona home-value trend above.