Rio Verde, Arizona.
Typical home $825,559 (+1.8% in a year). Phoenix-Mesa-Chandler, AZ metro.
to buy the typical home at today's mortgage rate — +$2,423 (+127%) since Jan 2020.
- 1 year
- Up $14,796 +2%
- $810,764$825,559 since Sep 2025
- 5 years
- Up $130,888 +19%
- $694,672$825,559 since Sep 2021
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.
- Rio Verde$4,333
- Arizona$2,187
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in Rio Verde, AZ rose 1.8% over the past year — faster than the nation's +1.2%.
Living in Rio Verde, Maricopa County, Arizona
Rio Verde, in Maricopa County, had 2,210 people in the 2020 census. 96% of its homes are lived in by their owners and 4% are rented. Unemployment in Maricopa County was 4.8% in August 2026, and the county had 0.4% more jobs in 2025 than the year before. The most people in Maricopa County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Rio Verde is a small community on the northeastern edge of the Phoenix area, and its residents are much older than in most American places. Nearly everyone owns the home they live in, and homes here are valued well above what is typical elsewhere. A large majority of adults hold a four-year degree, and the share living below the poverty line is small.
Work. Across Maricopa County, most people work in schools, hospitals and social care, followed by professional and business services, shops, and banks, insurance and property. Among the county's largest workplaces are Mayo Clinic Hospital, Arizona State University Campus Immersion and Grand Canyon University. The county's unemployment rate has risen a little over the past year, and the number of jobs has grown only slightly.
Things to do. Bartlett Lake, a reservoir, is a short drive away, and Tonto National Forest, a protected area, and the Verde River are a longer drive off. Phoenix has the Phoenix Zoo and the Desert Botanical Garden, also a longer drive. Winters are mild and almost snow-free, summers are very hot, and rain is scarce through the year.
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- 1,301households
- 64%of adults have a degree
- 6%below the poverty line
What people in Maricopa County work in
Employed residents by industry, from the Census survey. Maricopa County had 2,289,324 jobs in 2025, 0.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 63° and lows near 44°; warmest in July, with highs near 103° and lows near 80°. About 10 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Fountain Hills weather station, 9 miles away (NOAA).
Largest workplaces in Maricopa County
- City of PhoenixPolice and fire departments, combined15,698
- Arizona State University Campus ImmersionUniversity or college14,448
- Educational ServicesEducational support services8,425
- IES CommunicationsLow voltage electrical work8,143
- Mayo Clinic HospitalGeneral hospital7,876FTE
- Grand Canyon UniversityUniversity or college7,773
- Mesa Unified District (4235)School district7,509FTE
- Phoenix Children's HospitalChildren's hospital5,836FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3,542 workplaces with 20 or more staff, 658,585 people in all across the county; Rio Verde has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- WildfireRelatively high
- Heat wavesRelatively high
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Rio Verde’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Maricopa County and the Phoenix-Mesa-Chandler, AZ metro.
Rio Verde home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Rio Verde$825,559
- Arizona$416,733
- United States$366,157
Sellers are cutting prices on about 1 in 6 Rio Verde listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Rio Verde16.14%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Rio Verde85
New listings per month
Sellers arriving at the market.
- Rio Verde22
Zip codes with a Rio Verde address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Rio Verde — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.