Arizona Housing

The housing in Arizona State is on the rise with a median value of $407,400. This is above the national median value of $338,100 and reflects an appreciation rate of 6.24% over the past year - just under the 8.27% appreciation rate seen across the country. This suggests that housing in Arizona is becoming increasingly desirable as more people move to the state and prices continue to rise.

The median home cost in Arizona is $407,400. Home appreciation the last 10 years has been 184.0%. Home Appreciation in Arizona is up 20.8%.

Average Age of Homes

- The median age of Arizona real estate is 28 years old

The Rental Market in Arizona

- Renters make up 30.4% of the Arizona population
- 1.6% of houses and apartments in Arizona, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Arizona, Arizona	United States
	3,056,890.0	139,647,020.0
	30	42
	$407,400	$338,100
	20.8%	16.6%
	88.9%	57.0%
	184.0%	101.1%
	$6.39	$10.98
	$1,648	$2,690
	57.8%	57.4%
	12.2%	11.2%
	30.0%	31.4%
Vacant Housing
	1.6%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.5%	0.4%
	6.2%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	2.6%	2.4%
	1.8%	2.8%
	2.1%	3.9%
	2.4%	4.5%
	7.9%	11.3%
	12.4%	13.0%
	25.7%	20.1%
	17.8%	13.6%
	9.7%	8.3%
	8.9%	9.7%
	2.8%	3.9%
	1.3%	2.2%
	0.4%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	23.3%	13.6%
	23.3%	13.6%
	19.4%	13.6%
	17.3%	13.2%
	16.2%	14.8%
	19.4%	13.6%
	5.1%	10.0%
	1.4%	4.7%
	1.4%	12.2%

Reviews for Arizona

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Wendy · Tucson, AZ

Arizona: a mixed bag

Over 4 years ago

I have been in Arizona for decades. I would say that it is wonderful in some ways and abysmal in others. In the lower elevations of AZ, there are no blizzards. We also More

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Terry · Peoria, AZ

Arizona Princapality that rules the Air

Over 5 years ago

I have lived here since 2002 to 2019. I do warn all that no matter what you pay to have done whether it be home house work remodeling to car work done. Its never done More

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Tori · Tucson, AZ

too hot

Over 5 years ago

too More

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