State housing market · September 2026 data

Arizona housing market

Across the 12 Arizona markets WealthyBud tracks, the midpoint median listing price is $437,475 as of September 2026, and 10 of 12 are priced below a year ago. Scottsdale is the most expensive ($1.6M) and Sierra Vista the least ($315,000).

Midpoint median list price
$437,475
12 markets
Markets down YoY
10/12
September 2026
Active listings
29,596
Tracked markets
30-yr mortgage rate
7.28%
2026-10-01

What are home prices in each Arizona market?

The table lists every Arizona market WealthyBud tracks with its median listing price, year-over-year change, days on market, active listings, price-to-income ratio and the income needed to buy the median home. Select a market for its full report.

Arizona housing markets — September 2026
MarketMedian list priceYoYDays on marketActivePrice-to-incomeIncome needed
Phoenix$475,000-4.8%6218,4375.6$120,000
Tucson$372,500-3.2%583,8515.5$98,000
Prescott Valley$625,000-3.9%791,8149.4$156,000
Lake Havasu City$399,950-4.0%761,5277.2$101,000
Show Low$482,425-7.2%888459.2$124,000
Flagstaff$741,000+4.4%8876510.6$187,000
Yuma$352,450+1.8%626875.8$91,000
Sierra Vista$315,000-9.1%745195.3$81,000
Payson$499,9500.0%914758.5$127,000
Scottsdale$1.6M-18.8%57301n/an/a
Nogales$356,250-1.0%882846.6$92,000
Safford$353,600-6.3%60915.2$90,000

Are home prices rising or falling in Arizona?

Flagstaff posted the biggest year-over-year change in Arizona (+4.4%) and Scottsdale the weakest (-18.8%). The midpoint change across the state's tracked markets is -3.9%, with 29,596 homes actively listed.

How much income do you need to buy a home in Arizona?

Buying the median listing with 20% down at the current 7.28% rate takes about $81,000 a year in Sierra Vista and $187,000 in Flagstaff, keeping principal, interest and property tax at 28% of income.

Arizona housing market FAQ

What is the median home price in Arizona?
Across WealthyBud's 12 tracked Arizona markets, median listing prices have a midpoint of $437,475 as of September 2026, from $315,000 in Sierra Vista to $1.6M in Scottsdale.
Are home prices falling in Arizona?
10 of 12 tracked Arizona markets have median listing prices below a year ago as of September 2026. The weakest is Scottsdale at -18.8%.
What is the most expensive housing market in Arizona?
Scottsdale has the highest median listing price among tracked Arizona markets at $1.6M (September 2026).
How much income do you need to buy a home in Arizona?
Buying the median listing with 20% down at the current 7.28% rate takes about $81,000 a year in Sierra Vista and $187,000 in Flagstaff, keeping principal, interest and property tax at 28% of income. Insurance, HOA and PMI are excluded.

Working in Arizona real estate? See Arizona agent salary (BLS median $58,780) and how to get licensed. Compare states on the state hub index or see where prices are falling nationwide.

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.