Cities with the fastest-growing home prices in Arizona

Written by:
Stacker
September 23, 2024
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest-growing home prices in Arizona

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Arizona using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending August 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Arizona.

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Stacker

#50. Glendale

- Typical home value: $415,538
- 1-year price change: +$12,840 (+3.2%)
- 5-year price change: +$164,955 (+65.8%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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Stacker

#49. Phoenix

- Typical home value: $418,914
- 1-year price change: +$12,911 (+3.2%)
- 5-year price change: +$164,220 (+64.5%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#48. Catalina

- Typical home value: $418,978
- 1-year price change: +$13,063 (+3.2%)
- 5-year price change: +$161,811 (+62.9%)
- Metro area: Tucson, AZ

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#47. Bisbee

- Typical home value: $220,502
- 1-year price change: +$13,353 (+6.4%)
- 5-year price change: +$78,608 (+55.4%)
- Metro area: Sierra Vista-Douglas, AZ

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#46. Chino Valley

- Typical home value: $488,142
- 1-year price change: +$13,492 (+2.8%)
- 5-year price change: +$172,592 (+54.7%)
- Metro area: Prescott Valley-Prescott, AZ

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#45. Prescott

- Typical home value: $600,418
- 1-year price change: +$13,657 (+2.3%)
- 5-year price change: +$206,940 (+52.6%)
- Metro area: Prescott Valley-Prescott, AZ

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#44. Quartzsite

- Typical home value: $205,356
- 1-year price change: +$13,692 (+7.1%)
- 5-year price change: +$78,849 (+62.3%)
- Metro area: not in a metro area

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#43. Show Low

- Typical home value: $436,169
- 1-year price change: +$13,933 (+3.3%)
- 5-year price change: +$183,309 (+72.5%)
- Metro area: Show Low, AZ

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#42. Cottonwood

- Typical home value: $392,747
- 1-year price change: +$14,099 (+3.7%)
- 5-year price change: +$145,007 (+58.5%)
- Metro area: Prescott Valley-Prescott, AZ

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#41. Miami

- Typical home value: $143,090
- 1-year price change: +$14,106 (+10.9%)
- 5-year price change: +$17,815 (+14.2%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#40. Chandler

- Typical home value: $528,354
- 1-year price change: +$14,522 (+2.8%)
- 5-year price change: +$196,079 (+59.0%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#39. Overgaard

- Typical home value: $394,651
- 1-year price change: +$14,565 (+3.8%)
- 5-year price change: +$167,313 (+73.6%)
- Metro area: Show Low, AZ

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#38. Dewey-Humboldt

- Typical home value: $468,635
- 1-year price change: +$14,878 (+3.3%)
- 5-year price change: +$150,403 (+47.3%)
- Metro area: Prescott Valley-Prescott, AZ

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#37. Beaver Dam

- Typical home value: $314,722
- 1-year price change: +$15,094 (+5.0%)
- 5-year price change: +$115,030 (+57.6%)
- Metro area: Lake Havasu City-Kingman, AZ

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#36. Tempe

- Typical home value: $482,393
- 1-year price change: +$15,307 (+3.3%)
- 5-year price change: +$179,959 (+59.5%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#35. Waddell

- Typical home value: $548,944
- 1-year price change: +$15,909 (+3.0%)
- 5-year price change: +$213,413 (+63.6%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#34. Apache Junction

- Typical home value: $382,281
- 1-year price change: +$16,111 (+4.4%)
- 5-year price change: +$151,509 (+65.7%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#33. Forest Lakes

- Typical home value: $533,709
- 1-year price change: +$16,133 (+3.1%)
- 5-year price change: +$238,371 (+80.7%)
- Metro area: Flagstaff, AZ

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#32. Payson

- Typical home value: $447,797
- 1-year price change: +$16,472 (+3.8%)
- 5-year price change: +$164,569 (+58.1%)
- Metro area: Payson, AZ

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#31. Parks

- Typical home value: $644,048
- 1-year price change: +$17,189 (+2.7%)
- 5-year price change: +$253,257 (+64.8%)
- Metro area: Flagstaff, AZ

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#30. Paulden

- Typical home value: $417,171
- 1-year price change: +$17,278 (+4.3%)
- 5-year price change: +$144,506 (+53.0%)
- Metro area: Prescott Valley-Prescott, AZ

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#29. Tortolita

- Typical home value: $623,864
- 1-year price change: +$17,523 (+2.9%)
- 5-year price change: +$219,946 (+54.5%)
- Metro area: Tucson, AZ

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#28. Hereford

- Typical home value: $380,530
- 1-year price change: +$18,188 (+5.0%)
- 5-year price change: +$116,952 (+44.4%)
- Metro area: Sierra Vista-Douglas, AZ

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#27. Pinetop

- Typical home value: $533,605
- 1-year price change: +$18,388 (+3.6%)
- 5-year price change: +$241,050 (+82.4%)
- Metro area: Show Low, AZ

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#26. Superior

- Typical home value: $180,992
- 1-year price change: +$18,575 (+11.4%)
- 5-year price change: +$72,765 (+67.2%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#25. Tolleson

- Typical home value: $400,481
- 1-year price change: +$18,589 (+4.9%)
- 5-year price change: +$172,106 (+75.4%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#24. Clarkdale

- Typical home value: $466,773
- 1-year price change: +$18,758 (+4.2%)
- 5-year price change: +$168,686 (+56.6%)
- Metro area: Prescott Valley-Prescott, AZ

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#23. Cornville

- Typical home value: $516,911
- 1-year price change: +$19,125 (+3.8%)
- 5-year price change: +$181,909 (+54.3%)
- Metro area: Prescott Valley-Prescott, AZ

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#22. Tonopah

- Typical home value: $396,383
- 1-year price change: +$19,348 (+5.1%)
- 5-year price change: +$167,988 (+73.6%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#21. Fountain Hills

- Typical home value: $654,546
- 1-year price change: +$19,539 (+3.1%)
- 5-year price change: +$241,175 (+58.3%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#20. Queen Creek

- Typical home value: $655,067
- 1-year price change: +$19,752 (+3.1%)
- 5-year price change: +$262,559 (+66.9%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#19. Anthem

- Typical home value: $576,334
- 1-year price change: +$19,902 (+3.6%)
- 5-year price change: +$235,999 (+69.3%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#18. Happy Jack

- Typical home value: $506,536
- 1-year price change: +$20,416 (+4.2%)
- 5-year price change: +$230,629 (+83.6%)
- Metro area: Flagstaff, AZ

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#17. Tubac

- Typical home value: $513,444
- 1-year price change: +$20,727 (+4.2%)
- 5-year price change: +$195,181 (+61.3%)
- Metro area: Nogales, AZ

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#16. Star Valley

- Typical home value: $546,303
- 1-year price change: +$22,343 (+4.3%)
- 5-year price change: +$198,634 (+57.1%)
- Metro area: Payson, AZ

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#15. Gilbert

- Typical home value: $579,854
- 1-year price change: +$23,095 (+4.1%)
- 5-year price change: +$228,089 (+64.8%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#14. Nutrioso

- Typical home value: $429,356
- 1-year price change: +$24,786 (+6.1%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#13. Flagstaff

- Typical home value: $654,061
- 1-year price change: +$27,252 (+4.3%)
- 5-year price change: +$262,580 (+67.1%)
- Metro area: Flagstaff, AZ

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#12. Scottsdale

- Typical home value: $826,901
- 1-year price change: +$27,507 (+3.4%)
- 5-year price change: +$334,061 (+67.8%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#11. Sonoita

- Typical home value: $573,958
- 1-year price change: +$28,378 (+5.2%)
- 5-year price change: +$205,822 (+55.9%)
- Metro area: Tucson, AZ

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#10. Alpine

- Typical home value: $413,113
- 1-year price change: +$30,009 (+7.8%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#9. Elgin

- Typical home value: $532,430
- 1-year price change: +$31,062 (+6.2%)
- 5-year price change: +$189,741 (+55.4%)
- Metro area: Nogales, AZ

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#8. New River

- Typical home value: $743,503
- 1-year price change: +$36,614 (+5.2%)
- 5-year price change: +$298,867 (+67.2%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#7. Pine

- Typical home value: $482,818
- 1-year price change: +$38,963 (+8.8%)
- 5-year price change: +$215,006 (+80.3%)
- Metro area: Payson, AZ

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#6. Greer

- Typical home value: $554,066
- 1-year price change: +$39,036 (+7.6%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#5. Sedona

- Typical home value: $941,558
- 1-year price change: +$39,049 (+4.3%)
- 5-year price change: +$401,887 (+74.5%)
- Metro area: Prescott Valley-Prescott, AZ

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#4. Carefree

- Typical home value: $1,244,984
- 1-year price change: +$50,893 (+4.3%)
- 5-year price change: +$522,175 (+72.2%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#3. Fort McDowell

- Typical home value: $1,047,347
- 1-year price change: +$61,223 (+6.2%)
- 5-year price change: +$383,718 (+57.8%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#2. Cave Creek

- Typical home value: $1,052,801
- 1-year price change: +$69,825 (+7.1%)
- 5-year price change: +$455,059 (+76.1%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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#1. Paradise Valley

- Typical home value: $3,165,998
- 1-year price change: +$272,924 (+9.4%)
- 5-year price change: +$1,508,609 (+91.0%)
- Metro area: Phoenix-Mesa-Chandler, AZ

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