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1 / 30#30. Wickenburg
- Typical home value: $505,449
- 1-year price change: -0.8%
- 5-year price change: +14.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
Cities with the most expensive homes in Arizona
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 10, the 30-year fixed mortgage rate sits at 6.76%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in Arizona using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of August 2026. The charts in this story were created automatically using Matplotlib.
Metros with the most cities in the top 30 in Arizona
#1. Phoenix-Mesa-Chandler, AZ: 16
#2. Flagstaff, AZ: 6
#3. Prescott Valley-Prescott, AZ: 3
#4. Tucson, AZ: 2
#5. Nogales, AZ: 1
#5. Show Low, AZ: 1
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2 / 30#29. Waddell
- Typical home value: $510,000
- 1-year price change: -0.8%
- 5-year price change: +13.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
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3 / 30#28. Happy Jack
- Typical home value: $510,242
- 1-year price change: +1.0%
- 5-year price change: +29.5%
- Metro area: Flagstaff, AZ
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4 / 30#27. Litchfield Park
- Typical home value: $514,723
- 1-year price change: +0.2%
- 5-year price change: +11.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
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5 / 30#26. Chandler
- Typical home value: $515,351
- 1-year price change: -1.3%
- 5-year price change: +8.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
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6 / 30#25. Oracle
- Typical home value: $517,888
- 1-year price change: +1.4%
- 5-year price change: +14.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
Stacker
7 / 30#24. Cornville
- Typical home value: $519,041
- 1-year price change: -1.1%
- 5-year price change: +12.7%
- Metro area: Prescott Valley-Prescott, AZ
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8 / 30#23. Greer
- Typical home value: $533,867
- 1-year price change: -2.8%
- 5-year price change: data not available
- Metro area: not in a metro area
Stacker
9 / 30#22. Bellemont
- Typical home value: $536,996
- 1-year price change: +0.8%
- 5-year price change: +21.3%
- Metro area: Flagstaff, AZ
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10 / 30#21. Pinetop
- Typical home value: $545,347
- 1-year price change: +0.3%
- 5-year price change: +21.8%
- Metro area: Show Low, AZ
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11 / 30#20. Forest Lakes
- Typical home value: $547,860
- 1-year price change: +0.6%
- 5-year price change: +27.0%
- Metro area: Flagstaff, AZ
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12 / 30#19. Elgin
- Typical home value: $557,368
- 1-year price change: +3.1%
- 5-year price change: +19.3%
- Metro area: Nogales, AZ
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13 / 30#18. Anthem
- Typical home value: $558,811
- 1-year price change: -1.0%
- 5-year price change: +11.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
Stacker
14 / 30#17. Gilbert
- Typical home value: $566,873
- 1-year price change: -0.3%
- 5-year price change: +11.4%
- Metro area: Phoenix-Mesa-Chandler, AZ
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15 / 30#16. Sonoita
- Typical home value: $570,225
- 1-year price change: +0.3%
- 5-year price change: +17.1%
- Metro area: Tucson, AZ
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16 / 30#15. Munds Park
- Typical home value: $581,994
- 1-year price change: -1.0%
- 5-year price change: +19.3%
- Metro area: Flagstaff, AZ
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17 / 30#14. Prescott
- Typical home value: $597,307
- 1-year price change: -0.4%
- 5-year price change: +13.1%
- Metro area: Prescott Valley-Prescott, AZ
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18 / 30#13. Tortolita
- Typical home value: $618,612
- 1-year price change: +0.9%
- 5-year price change: +19.5%
- Metro area: Tucson, AZ
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19 / 30#12. Parks
- Typical home value: $623,614
- 1-year price change: -0.4%
- 5-year price change: +22.8%
- Metro area: Flagstaff, AZ
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20 / 30#11. Queen Creek
- Typical home value: $627,355
- 1-year price change: +0.1%
- 5-year price change: +13.3%
- Metro area: Phoenix-Mesa-Chandler, AZ
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21 / 30#10. Flagstaff
- Typical home value: $656,451
- 1-year price change: +0.1%
- 5-year price change: +25.0%
- Metro area: Flagstaff, AZ
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22 / 30#9. Fountain Hills
- Typical home value: $660,663
- 1-year price change: +1.2%
- 5-year price change: +16.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
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23 / 30#8. New River
- Typical home value: $757,416
- 1-year price change: +1.5%
- 5-year price change: +20.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
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24 / 30#7. Rio Verde
- Typical home value: $829,587
- 1-year price change: +1.8%
- 5-year price change: +21.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
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25 / 30#6. Scottsdale
- Typical home value: $851,107
- 1-year price change: +2.9%
- 5-year price change: +22.3%
- Metro area: Phoenix-Mesa-Chandler, AZ
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26 / 30#5. Sedona
- Typical home value: $899,296
- 1-year price change: +0.1%
- 5-year price change: +19.5%
- Metro area: Prescott Valley-Prescott, AZ
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27 / 30#4. Fort McDowell
- Typical home value: $1,031,063
- 1-year price change: +6.1%
- 5-year price change: +22.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
Stacker
28 / 30#3. Cave Creek
- Typical home value: $1,044,391
- 1-year price change: +2.1%
- 5-year price change: +26.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
Stacker
29 / 30#2. Carefree
- Typical home value: $1,272,336
- 1-year price change: +2.3%
- 5-year price change: +26.4%
- Metro area: Phoenix-Mesa-Chandler, AZ
Stacker
30 / 30#1. Paradise Valley
- Typical home value: $3,522,707
- 1-year price change: +11.7%
- 5-year price change: +64.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
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