Market Intelligence · AZ
Arizona home prices and housing market.
Real market data across 26 cities and 157 ZIP markets in AZ. The typical home is worth about $385K.
Updated September 2026Typical value$385K
The typical home value in Arizona is $385K as of September 2026, down 0.7% from a year ago, based on the Zillow Home Value Index. In the typical Arizona ZIP code, the median list price is $435K and homes spend a median of 68 days on market as of September 2026 (Realtor.com).
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Prices over time
Arizona home prices over time
Typical home values in Arizona are down 0.7% over the past year, from $388K in September 2025 to $385K in September 2026.
| Month | Typical value | 1-yr change |
|---|---|---|
| September 2026 | $385,442 | -0.7% |
| September 2025 | $388,239 | No prior year |
Typical value is the median Zillow Home Value Index across Arizona ZIP codes, taken in September of each year so every row compares the same month.
Market balance
Is Arizona a buyer's or seller's market?
Arizona leans toward a buyer's market.
Homes are taking longer to sell, which gives buyers more room to negotiate.
Based on a median of 68 days on market and 22% of listings with a price cut in the typical Arizona ZIP code, and 10,524 new listings against 29,677 active listings across Arizona, as of September 2026 (Realtor.com).
The outlook
Arizona housing market forecast 2027
-1.1%
Weighted average of Zillow's ZIP forecasts, 12 months to September 2027
A weighted average of Zillow's ZIP forecasts, across 264 Arizona ZIP codes, points to typical home values falling 1.1% by September 2027.
Over the 12 months through September 2026, typical home values in Arizona fell 0.7%, per the Zillow Home Value Index.
Will home prices drop in Arizona?
The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Arizona shows typical home values falling 1.1% by September 2027, after a 0.7% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.
How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 264 Arizona ZIP codes have both figures.
Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.
Market board
Which Arizona markets have the highest home values?
As of September 2026
- 1Paradise Valley, AZ$3,339,008Up12.1%1 ZIP market; open the Paradise Valley, AZ market page
- 2Scottsdale, AZ$882,407Up5.1%10 ZIP markets; open the Scottsdale, AZ market page
- 3Sedona, AZ$877,638Up0.4%2 ZIP markets; open the Sedona, AZ market page
- 4Cave Creek, AZ$824,947Up1.9%1 ZIP market; open the Cave Creek, AZ market page
- 5Flagstaff, AZ$658,286Up0.2%3 ZIP markets; open the Flagstaff, AZ market page
- 6Queen Creek, AZ$586,082Down0.2%1 ZIP market; open the Queen Creek, AZ market page
- 7Prescott, AZ$572,765Flat0.0%3 ZIP markets; open the Prescott, AZ market page
- 8Gilbert, AZ$545,364Flat0.0%6 ZIP markets; open the Gilbert, AZ market page
- 9Chandler, AZ$520,652Down1.3%6 ZIP markets; open the Chandler, AZ market page
- 10Prescott Valley, AZ$507,354Up0.7%1 ZIP market; open the Prescott Valley, AZ market page
- 11Lake Havasu City, AZ$486,948Up0.7%3 ZIP markets; open the Lake Havasu City, AZ market page
- 12Tempe, AZ$451,799Down0.1%4 ZIP markets; open the Tempe, AZ market page
- 13Surprise, AZ$419,290Down1.3%5 ZIP markets; open the Surprise, AZ market page
- 14Phoenix, AZ$408,720Down1.3%42 ZIP markets; open the Phoenix, AZ market page
- 15Vail, AZ$401,375Down1.8%1 ZIP market; open the Vail, AZ market page
- 16San Tan Valley, AZ$400,613Down2.0%2 ZIP markets; open the San Tan Valley, AZ market page
- 17Mesa, AZ$400,067Down0.2%13 ZIP markets; open the Mesa, AZ market page
- 18Glendale, AZ$397,709Down1.7%9 ZIP markets; open the Glendale, AZ market page
- 19Congress, AZ$340,405Up0.3%1 ZIP market; open the Congress, AZ market page
- 20Casa Grande, AZ$337,859Up2.2%3 ZIP markets; open the Casa Grande, AZ market page
- 21Maricopa, AZ$337,012Down3.6%2 ZIP markets; open the Maricopa, AZ market page
- 22Bullhead City, AZ$335,166Up1.1%2 ZIP markets; open the Bullhead City, AZ market page
- 23Tucson, AZ$329,030Down0.8%30 ZIP markets; open the Tucson, AZ market page
- 24Sierra Vista, AZ$315,509Up0.2%2 ZIP markets; open the Sierra Vista, AZ market page
- 25Yuma, AZ$301,144Flat0.0%3 ZIP markets; open the Yuma, AZ market page
- 26Bisbee, AZ$225,471Down1.2%1 ZIP market; open the Bisbee, AZ market page
Typical value is the median Zillow home value (ZHVI) across each city's ZIP codes, as of September 2026. 1-yr change compares that median to the same ZIPs a year earlier. More AZ markets publish as their data clears editorial QA.
Zillow ZHVI, September 2026
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Cities
Pick a city.
- Paradise Valley1 ZIP
- Scottsdale10 ZIPs
- Sedona2 ZIPs
- Cave Creek1 ZIP
- Flagstaff3 ZIPs
- Queen Creek1 ZIP
- Prescott3 ZIPs
- Gilbert6 ZIPs
- Chandler6 ZIPs
- Prescott Valley1 ZIP
- Lake Havasu City3 ZIPs
- Tempe4 ZIPs
- Surprise5 ZIPs
- Phoenix42 ZIPs
- Vail1 ZIP
- San Tan Valley2 ZIPs
- Mesa13 ZIPs
- Glendale9 ZIPs
- Congress1 ZIP
- Casa Grande3 ZIPs
- Maricopa2 ZIPs
- Bullhead City2 ZIPs
- Tucson30 ZIPs
- Sierra Vista2 ZIPs
- Yuma3 ZIPs
- Bisbee1 ZIP
Common questions
Questions about Arizona home prices.
What is the typical home price in Arizona?
The typical home price in Arizona is about $385K as of September 2026, based on the Zillow Home Value Index (the median of the index across Arizona ZIP codes). In the typical Arizona ZIP code, the median list price is $435K as of September 2026 (Realtor.com), which reflects what sellers are asking rather than what homes sell for.
Are home prices going up or down in Arizona?
Typical home values in Arizona are down 0.7% over the past year, based on the Zillow Home Value Index as of September 2026.
Is Arizona a buyer's or seller's market?
Arizona leans toward a buyer's market. Homes are taking longer to sell, which gives buyers more room to negotiate. Based on a median of 68 days on market and 22% of listings with a price cut in the typical Arizona ZIP code, and 10,524 new listings against 29,677 active listings across Arizona, as of September 2026 (Realtor.com).
How long do homes take to sell in Arizona?
In the typical Arizona ZIP code, homes spend a median of 68 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.
The market is moving