US housing market report · June 2026

The state of the Arizona housing market.

Median home value and city-by-city trends across Arizona, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Arizona median value

$393K

Zillow ZHVI, June 2026

Cities covered

14

with published pages

Report video

Monthly

per city, on each hub

12-month outlook · data through June 2026

Where are Arizona home values headed?

Current typical value

$393,310

Zillow ZHVI median, June 2026

Past 12 months

-0.9%

change in the median

12 months out

$393,000

if the recent trend continues

Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.

Where values are climbing

Fastest appreciating Arizona cities

  1. $890KUp3.4%
  2. $352KUp2.6%
  3. $306KUp0.7%
  4. $675KDown0.3%
  5. $553KDown0.4%
  6. $406KDown0.5%
  7. $590KDown0.5%
  8. $588KDown0.7%
  9. $461KDown1.0%
  10. $343KDown1.1%

Where the market is cooling

Fastest cooling Arizona cities

  1. $417KDown2.5%
  2. $406KDown2.1%
  3. $529KDown1.8%
  4. $898KDown1.5%
  5. $343KDown1.1%
  6. $461KDown1.0%
  7. $588KDown0.7%
  8. $590KDown0.5%
  9. $406KDown0.5%
  10. $553KDown0.4%

Priciest markets in the state

Most expensive Arizona cities by median value

  1. $898K
  2. $890K
  3. $675K
  4. $590K
  5. $588K
  6. $553K
  7. $529K
  8. $461K
  9. $417K
  10. $406K

Common questions

What people ask us.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Arizona, as of June 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Arizona market index.