Home ValuePros

US housing market report · July 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, July 2026

Cities covered

23

with published pages

Report video

Monthly

per city, on each hub

12-month outlook · data through July 2026

Where are Arizona home values headed?

Current typical value

$392,647

Zillow ZHVI median, July 2026

Past 12 months

-0.5%

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. 1Paradise Valley
    $3.29MUp11.4%
  2. 2Scottsdale
    $883KUp3.8%
  3. 3Casa Grande
    $347KUp2.5%
  4. 4Bullhead City
    $338KUp1.8%
  5. 5Sierra Vista
    $318KUp0.6%
  6. 6Yuma
    $306KUp0.6%
  7. 7Congress
    $347KUp0.4%
  8. 8Flagstaff
    $669KDown0.1%
  9. 9Gilbert
    $551KDown0.1%
  10. 10Mesa
    $404KDown0.2%

Where the market is cooling

Fastest cooling Arizona cities

  1. 1Maricopa
    $342KDown3.8%
  2. 2Phoenix
    $413KDown2.7%
  3. 3San Tan Valley
    $405KDown2.4%
  4. 4Vail
    $406KDown2.1%
  5. 5Glendale
    $404KDown1.8%
  6. 6Bisbee
    $232KDown1.8%
  7. 7Surprise
    $423KDown1.6%
  8. 8Chandler
    $528KDown1.6%
  9. 9Tucson
    $335KDown1.4%
  10. 10Sedona
    $892KDown1.0%

Priciest markets in the state

Most expensive Arizona cities by median value

  1. 1Paradise Valley
    $3.29M
  2. 2Sedona
    $892K
  3. 3Scottsdale
    $883K
  4. 4Flagstaff
    $669K
  5. 5Queen Creek
    $589K
  6. 6Prescott
    $581K
  7. 7Gilbert
    $551K
  8. 8Chandler
    $528K
  9. 9Tempe
    $459K
  10. 10Surprise
    $423K

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 July 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.