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Arizona.

18th most expensive state. Typical home $416,733 (-1.0% in a year), estimated payment $2,297 a month. As of Sep 2026.

What it costs per month · Arizona $2,187/mo

to buy the typical home at today's mortgage rate — +$1,161 (+113%) since Jan 2020.

What the home itself did
1 year
Down $4,247 -1%
$420,980$416,733 since Sep 2025
5 years
Up $26,988 +7%
$389,745$416,733 since Sep 2021
10 years
Up $194,219 +87%
$222,514$416,733 since Sep 2016

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 Arizona $2,187 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • Arizona$2,187
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 52 years.

Typical home values in Arizona fell 1.0% over the past year — slower than the nation's +1.2%.

Buying the typical Arizona home now takes 34% of the median household income ($79,964/yr, ACS 2020–2024) — the standard affordability line is 30%.

Share of median income needed to buy

Monthly payment for the typical home against the local median household income. Income is an annual survey, stepped — the saw-teeth are survey years, not markets.

20% 30% 40% 2011 2014 2017 2020 2023 2026 Arizona 32.82% United States 28.57%
20% 30% 40% 2014 2020 2026
  • Arizona32.82%
  • United States28.57%

Arizona home values

Zillow Home Value Index against the national figure. Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2002 2006 2010 2014 2018 2022 2026 Arizona $416,733 United States $366,157
$200,000 $300,000 $400,000 2002 2010 2018 2026
  • Arizona$416,733
  • United States$366,157

Metros in Arizona

Largest first, by population. Zillow publishes rent for fewer metros than home values, so a dash means no series — not a market at zero.

# Metro activate to sort by Metro Rent activate to sort by Rent 1-yr Δ activate to sort by 1-yr Δ Home value sorted descending, activate to sort ascending 1-yr Δ activate to sort by 1-yr Δ
1 Flagstaff $2,128 -0.0% $618,862 +0.2%
2 Phoenix $1,720 +1.0% $441,097 -1.1%
3 Show Low $1,745 +4.8% $393,924 +0.4%
4 Payson $1,846 -2.9% $385,127 -0.2%
5 Lake Havasu City $1,540 +2.0% $349,800 +2.0%
6 Tucson $1,488 +1.6% $335,747 -1.8%
7 Safford $1,500 — $303,240 +2.2%
8 Yuma $1,424 +3.5% $276,761 +0.4%
9 Nogales $1,862 — $273,901 -0.4%
10 Sierra Vista $1,278 +3.4% $260,537 -0.4%
11 Prescott Valley $1,883 +0.8% — —

Go deeper: every zip in Arizona.