Arizona Real Estate Market Trends & Home Values

Arizona Market Overview

There have been 217,636 properties sold in the Arizona real estate market trends. Median home values in the Arizona housing market are $393,888. The median residential home value for transactions over the last 12 months is $361,233. The State of Arizona currently has 909 properties in foreclosure, 13 bank owned properties, and 896 headed for auction.

Active Residential Inventory

5,997

Total Inventory

Recently Sold Properties

150,782

Total Sales (Last 6 Months)

Foreclosures ( 909 )

15.2%

Pre-foreclosures ( 0 )

Bank Owned ( 13 )

0.2%

Auctions ( 896 )

14.9%

For Sale ( 5,088 )

84.8%

Arizona Home Values

$393,888

There are currently 5,088 properties for sale in Arizona. The current home value ranges in price from $1,000 to $20,000,000. The total count of properties in the state is 2,330,777, and the percentage of properties for sale is 84.8%.

Arizona Real Estate Market Overview

Arizona Foreclosures Market Overview

Last 24 Hours

Search By County

County	Median Est. Value
Coconino County	$479,800 $264.50/sqft
Maricopa County	$389,200 $233.70/sqft
Yavapai County	$355,600 $255.00/sqft
Pinal County	$346,900 $183.50/sqft
Pima County	$273,500 $175.00/sqft
Mohave County	$265,150 $178.00/sqft
Navajo County	$258,700 $193.50/sqft
Yuma County	$243,400 $161.00/sqft
Gila County	$228,300 $147.00/sqft
Cochise County	$203,750 $130.00/sqft

There are 15 counties within Arizona; within these counties, the median estimated home value for homes in foreclosure ranges from $1,147,000 in Coconino County to the lowest value of $72,070 in Mohave County. Foreclosure homes account for 0.04% of properties in Arizona with Maricopa County containing 489 foreclosures, the highest number of foreclosure properties in a single county.