Maricopa County, AZ Home Values & Market Trends

The median home price in Maricopa County, AZ is $458,676.53. There were 75,868 home sales in Maricopa County, AZ over the past 12 months. The median residential Maricopa County, AZ home value for transactions over the previous year is $404,943.787. The number of current listings in Maricopa County, AZ is 446, and the percentage of properties for sale is 446.00%. The county has 1,300 foreclosures, 24 bank owned properties, 1,276 headed for auction, and 446 properties for sale.

Maricopa County, AZ Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Scottsdale

$ 1,130,000

$ 435/sqft

Tonopah

$ 46,527

$ 28/sqft

Phoenix

$ 547,845

$ 304/sqft

Fountain Hills

$ 635,000

$ 377/sqft

Mesa

$ 409,999

$ 256/sqft

Litchfield Park

$ 669,843

$ 219/sqft

Glendale

$ 512,392

$ 235/sqft

Avondale

$ 354,698

$ 222/sqft

Surprise

$ 470,995

$ 235/sqft

Arlington

$ 222,733

$ 128/sqft

Peoria

$ 559,559

$ 252/sqft

Youngtown

$ 358,858

$ 199/sqft

Wickenburg

$ 732,421

$ 323/sqft

Morristown

$ 782,163

$ 336/sqft

Gilbert

$ 698,778

$ 268/sqft

Wittmann

$ --

$ --

Chandler

$ 580,000

$ 268/sqft

Rio Verde

$ 757,535

$ 451/sqft

Goodyear

$ 538,914

$ 239/sqft

Palo Verde

$ --

$ --

Sun City

$ 279,900

$ 222/sqft

Aguila

$ --

$ --

Buckeye

$ 430,000

$ 224/sqft

New River

$ --

$ --

Paradise Valley

$ 3,550,069

$ 782/sqft

Tolleson

$ --

$ --

Cave Creek

$ 1,042,255

$ 369/sqft

El Mirage

$ --

$ --

Queen Creek

$ 588,934

$ 286/sqft

Cashion

$ --

$ --

Sun City West

$ 405,900

$ 222/sqft

Tortilla Flat

$ --

$ --

Carefree

$ 1,040,092

$ 363/sqft

Luke Air Force Base

$ --

$ --

Tempe

$ 540,680

$ 295/sqft

Fort Mcdowell

$ --

$ --

Waddell

$ 819,230

$ 345/sqft

Gila Bend

$ --

$ --

Laveen

$ 600,282

$ 215/sqft

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Housing Market Summary for Maricopa County, AZ

Mar 2023February 2024Change
Median Listing Price$533.6K$466.6K-12.56%
Median Sold Price$470.7K$466.6K-0.87%
Homes For Sale6,182447-92.77%
Homes Sold55,71649,379-11.37%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Maricopa County, AZ

Maricopa County, AZ home values range from $20,114 to $59,739,699. Paradise Valley is the priciest city with a median listing home price of $4,299,000, and Sun City is most affordable with average house prices of around $274,999.

Foreclosure
There are 39 cities within Maricopa County, AZ; within these cities, the median estimated home value for homes in foreclosure ranges from $1,716,804 in Buckeye to the lowest value of $29,053 in Buckeye. Foreclosure homes account for 0.00% of properties in Maricopa County, AZ with Phoenix containing 418 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Maricopa County, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 39 cities within Maricopa County, AZ; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Maricopa County, AZ ranges from the highest value of $348,114 in Litchfield Park to the lowest value of $155,220 in Buckeye. Bank owned homes and properties account for 0.00% of properties in Maricopa County, AZ. There are 39 cities within Maricopa County, AZ; Phoenix containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Phoenix has 412 auction properties, the highest number of properties going to auction in a single city in the state of Maricopa County, AZ. Auction homes and other auction properties account for 0.09% of all properties in Maricopa County, AZ. There are 39 cities within Maricopa County, AZ; of those cities, the median estimated home value for homes going to auction ranges from $4,501,350 in Carefree to the lowest value of $29,053 in Carefree.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Maricopa County, AZ with Scottsdale containing 91 homes for sale, the highest number of listed properties in a single city. There are 39 cities within Maricopa County, AZ; homes for sale in those cities, have a range of median values from $782,163 in Morristown to the lowest value of $37,771 in Goodyear.
    Sold Homes
    The median value for recently sold homes ranges from $945,442 in Fort Mcdowell to the lowest price of $24,920 in Fort Mcdowell. There are 39 cities within Maricopa County, AZ. Phoenix has 12318 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.45% of properties in Maricopa County, AZ.

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      Guide for Maricopa County, AZ

      Market Reports
      Scottsdale Real Estate Peaks at $1.1M in 2023
      Market Reports
      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Home Buying Guides & Tips
      Tax Lien Foreclosure: What They Are & How They Work
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      See More Articles
      Scottsdale Real Estate Peaks at $1.1M in 2023
      Market Reports|posted 12 February 2024

      Scottsdale, Arizona’s real estate market exhibits strong growth and investment potential, with average property values peaking at $1.1 million in December 2023

      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Market Reports|posted 12 February 2024

      Market Report of Phoenix, AZ – December 2022-2023

      Tax Lien Foreclosure: What They Are & How They Work
      Home Buying Guides & Tips|posted 28 May 2013

      How to find government tax foreclosure homes – Buying a tax foreclosure is a great way to get a bargain on a home or rental property.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction