Market Intelligence · AZ / Paradise Valley

Paradise Valley, AZ 85253 Housing Market

The typical home value in Paradise Valley is $3,339,008, up 12.1% over the past year. The median list price stands at $5,310,000, with homes taking a median of 83 days to sell as of September 2026.

Updated September 2026Median value$3339K

The median home value in Paradise Valley, AZ 85253 is $3.34M as of September 2026, up 12.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 85253 range

$3.07M to $3.61M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+12.1% over 12 months

Sep 2025$2.98M

Low $2.98MHigh $3.34M

Sep 2026$3.34M

The numbers

What is the 85253 housing market like?

As of September 2026

Typical home value

$3.34M

12.1%YoY

Median list price

$5.31M

6.7%MoM

Days on market

30.3%MoM

Homes for sale

175

15.1%MoM

Price cuts

17.2%

7.8%MoM

New listings

72.2%MoM

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

The outlook

85253 housing market forecast 2027

-0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85253 to fall 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 85253 rose 12.1%, per the Zillow Home Value Index.

Will home prices drop in 85253?

Zillow's forecast says they may: it expects typical home values in 85253 to fall 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 85253 home prices compare?

85253$3,339,008
Paradise Valley$3,339,008
Arizona$385,442
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Paradise Valley: 1 ZIP; Arizona: 300 ZIPs; United States: 26,262 ZIPs).

Context

Paradise Valley's market shows moderate activity with 175 homes for sale and 62 new listings in September 2026. The median time on market of 83 days suggests steady but not rushed buyer interest. However, 17.2% of listings have received a price cut, which signals some sellers adjusting expectations. Despite recent appreciation, the gap between list price and typical home value indicates the market is normalizing after its strong year-over-year gain. Sellers should recognize that appreciation may be moderating, and pricing competitively from the start matters.

Monthly payment

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Home price

Down payment20% · $667,802

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Common questions

What people ask us.

What is a typical home worth in Paradise Valley?

The typical home value in Paradise Valley is $3,339,008, and values have risen 12.1% over the past year.

How long do homes take to sell in 85253?

Homes in this ZIP take a median of 83 days to sell as of September 2026.

Are sellers cutting prices?

17.2% of listings have received a price cut, indicating some price adjustments in the current market.

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