Maricopa County, AZ Home Values & Market Trends

The median home price in Maricopa County, AZ is $472,055.44. There were 83,858 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 $413,074.55. The number of current listings in Maricopa County, AZ is 484, and the percentage of properties for sale is 484.00%. The county has 1,293 foreclosures, 22 bank owned properties, 1,271 headed for auction, and 484 properties for sale.

Maricopa County, AZ Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Phoenix

$ 525,000

$ 291/sqft

Litchfield Park

$ 819,000

$ 274/sqft

Scottsdale

$ 1,116,445

$ 484/sqft

Tolleson

$ 377,320

$ 231/sqft

Mesa

$ 409,016

$ 265/sqft

Waddell

$ 707,469

$ 233/sqft

Surprise

$ 470,133

$ 232/sqft

Laveen

$ 626,966

$ 214/sqft

Glendale

$ 527,500

$ 259/sqft

Carefree

$ 1,025,000

$ 338/sqft

Buckeye

$ 409,000

$ 211/sqft

Tonopah

$ --

$ --

Queen Creek

$ 594,900

$ 336/sqft

El Mirage

$ 351,333

$ 282/sqft

Gilbert

$ 614,999

$ 270/sqft

Youngtown

$ 380,000

$ 211/sqft

Wickenburg

$ 617,450

$ 316/sqft

Fort Mcdowell

$ --

$ --

Peoria

$ 662,499

$ 253/sqft

Palo Verde

$ --

$ --

Chandler

$ 579,150

$ 279/sqft

Aguila

$ --

$ --

Paradise Valley

$ 5,189,218

$ 830/sqft

New River

$ --

$ --

Sun City

$ 314,900

$ 203/sqft

Cashion

$ --

$ --

Cave Creek

$ 1,094,217

$ 392/sqft

Tortilla Flat

$ --

$ --

Goodyear

$ 548,608

$ 246/sqft

Arlington

$ --

$ --

Sun City West

$ 404,327

$ 225/sqft

Luke Air Force Base

$ --

$ --

Avondale

$ 442,881

$ 182/sqft

Morristown

$ --

$ --

Fountain Hills

$ 656,638

$ 323/sqft

Wittmann

$ --

$ --

Rio Verde

$ 929,000

$ 446/sqft

Gila Bend

$ --

$ --

Tempe

$ 419,370

$ 236/sqft

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Housing Market Summary for Maricopa County, AZ

Apr 2023March 2024Change
Median Listing Price$549.6K$464.6K-15.47%
Median Sold Price$471.3K$464.6K-1.44%
Homes For Sale5,815440-92.43%
Homes Sold53,16348,777-8.25%
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 $22,671 to $69,193,593. Paradise Valley is the priciest city with a median listing home price of $4,799,500, and Tonopah is most affordable with average house prices of around $304,900.

Foreclosure
There are 39 cities within Maricopa County, AZ; within these cities, the median estimated home value for homes in foreclosure ranges from $7,099,000 in Phoenix to the lowest value of $138,736 in Phoenix. Foreclosure homes account for 0.00% of properties in Maricopa County, AZ with Phoenix containing 456 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 $364,775 in Litchfield Park to the lowest value of $262,500 in El Mirage. 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 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Phoenix has 451 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 $4,505,072 in Paradise Valley to the lowest value of $138,736 in Paradise Valley.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Maricopa County, AZ with Phoenix containing 99 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 $15,000,000 in Paradise Valley to the lowest value of $111,813 in Surprise.
    Sold Homes
    The median value for recently sold homes ranges from $25,280,084 in Paradise Valley to the lowest price of $23,255 in Paradise Valley. There are 39 cities within Maricopa County, AZ. Phoenix has 12142 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.50% of properties in Maricopa County, AZ.

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      Guide for Maricopa County, AZ

      Market Reports
      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      Market Reports
      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      Market Reports
      Chandler Real Estate Market: Overview & Trends, Mar 2024
      Market Reports
      Scottsdale Real Estate Peaks at $1.1M in 2023
      See More Articles
      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      Market Reports|posted 13 March 2024

      Glendale, AZ’s real estate market has seen considerable fluctuations in property value and sale prices. The significant peaks and troughs offer intriguing trends to potential buyers, sellers, and investors, while a comparative analysis with nearby cities like Phoenix, Peoria, and Sun City presents a diverse real estate landscape in this region of Arizona.

      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      Market Reports|posted 7 March 2024

      The Mesa, Arizona real estate market displays a variety of trends with property values fluctuating monthly.

      Chandler Real Estate Market: Overview & Trends, Mar 2024
      Market Reports|posted 5 March 2024

      Overview of the Chandler, Arizona real estate market – Mar 2024.

      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