Arizona.
18th most expensive state. Typical home $416,733 (-1.0% in a year), estimated payment $2,297 a month. As of Sep 2026.
to buy the typical home at today's mortgage rate — +$1,161 (+113%) since Jan 2020.
- 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.
- 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.
- Arizona32.82%
- United States28.57%
Arizona home values
Zillow Home Value Index against the national figure. Mid-tier homes, smoothed and seasonally adjusted.
- 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.