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Market Intelligence · AZ / Maricopa County

Paradise Valley, AZ home prices and housing market

1 ZIP market liveData updated September 2026Typical value$3.34M1-yr changeUp12.1%

The typical home value in Paradise Valley, AZ is $3.34M as of September 2026, up 12.1% from a year ago, based on the Zillow Home Value Index. In the typical Paradise Valley ZIP code, the median list price is $5.31M and homes spend a median of 83 days on market as of September 2026 (Realtor.com).

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The coverage

Paradise Valley, by the numbers.

Typical home valueZillow ZHVI, September 2026
$3.34M
1-yr changeMedian across Paradise Valley ZIPs
+12.1%
ZIP markets live
1
County
Maricopa County

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12-month value trend

+12.1% over 12 months

Typical home value in Paradise Valley over the last 12 months: $2.98M in Sep 2025 to $3.34M in Sep 2026 (+12.1%).

Sep 2025$2.98M

Sep 2026$3.34M

Median Zillow home value index across Paradise Valley's ZIP codes.

Context

Paradise Valley's housing market has momentum heading into late 2026. The typical home value sits at $3,339,008, up 12.1% over the past year as of September 2026. There are 175 homes for sale, with a median list price of $5,310,000. New listings arrived at a pace of 62 in September, while homes are taking a median of 83 days to sell. About 17.2% of listings have seen price cuts. For a homeowner weighing a sale, the year-over-year appreciation is solid, but the market is moving at a measured pace rather than a sprint.

The numbers

What is the housing market like in Paradise Valley, AZ?

Typical home value

$3.34M

Up12.1%YoY

Median list price

$5.31M

Days on market

83

Homes for sale

175

Price cuts

17.2%

New listings

62

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Paradise Valley's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Paradise Valley, AZ home prices over time

Typical home values in Paradise Valley, AZ are up 12.1% over the past year, from $2.98M in September 2025 to $3.34M in September 2026.

Typical home value in Paradise Valley, AZ, September of each year
MonthTypical value1-yr change
September 2026$3,339,008+12.1%
September 2025$2,979,014No prior year

Typical value is the median Zillow Home Value Index across Paradise Valley ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Paradise Valley, AZ a buyer's or seller's market?

Paradise Valley, AZ leans toward a buyer's market.

Homes are taking longer to sell, which gives buyers more room to negotiate.

Based on a median of 83 days on market and 17% of listings with a price cut in the typical Paradise Valley ZIP code, and 62 new listings against 175 active listings across Paradise Valley, as of September 2026 (Realtor.com).

The outlook

Paradise Valley housing market forecast 2027

-0.7%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Paradise Valley ZIP code, points to typical home values falling 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in Paradise Valley rose 12.1%, per the Zillow Home Value Index.

Will home prices drop in Paradise Valley?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Paradise Valley shows typical home values falling 0.7% by September 2027, after a 12.1% rise 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). 1 Paradise Valley ZIP code has 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.

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Live markets

What ZIP codes are live in Paradise Valley?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Paradise Valley, AZ home prices.

What is a typical home worth in Paradise Valley?

As of September 2026, the typical home value in Paradise Valley is $3,339,008, representing 12.1% appreciation over the past year.

How long do homes typically stay on the market?

The median days on market in Paradise Valley is 83 days as of September 2026.

What is the median list price in Paradise Valley?

The median list price in Paradise Valley is $5,310,000 as of September 2026.

Are home prices going up or down in Paradise Valley, AZ?

Typical home values in Paradise Valley, AZ are up 12.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Paradise Valley, AZ a buyer's or seller's market?

Paradise Valley, AZ leans toward a buyer's market. Homes are taking longer to sell, which gives buyers more room to negotiate. Based on a median of 83 days on market and 17% of listings with a price cut in the typical Paradise Valley ZIP code, and 62 new listings against 175 active listings across Paradise Valley, as of September 2026 (Realtor.com).

Nearby markets

More Arizona housing markets.

The market is moving

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