🏠 Buying a house in Arizona | 🏘️ Selling a house in Arizona | 🚚 Moving to Arizona
🏡 Home values in Arizona have fallen 4.76% over the past year, indicating a neutral market.
📈 Housing inventory (the total number of homes for sale) stands at 31,083. That's about 5.39 months of inventory, indicating a seller's market.
📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 97.90%, indicating a buyer's market.
How does Arizona compare to the national average?
Data point | Value | Rank | Compared to national avg |
Typical home value | $422,446[1] | #17 of 50 states | 12.4% higher |
Median listing price | $476,625[2] | #18 of 50 states | 7.5% higher |
Median sale price | $457,400[3] | #19 of 50 states | 4.6% higher |
30-year mortgage rate | 7.03%[4] | #34 of 50 states | 0.8% higher |
Median days on market | 67[5] | #38 of 50 states | 13.9% longer |
Looking to buy or sell in Arizona?
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Buying a house in the Arizona real estate market
Arizona has an affordability score of 5.9, meaning it takes 5.9 years of the median household income ($77,315) to afford Arizona's median home sale price ($457,400). Because of this, we rank Arizona as the 18th least affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to national avg |
Median sale price | $457,400[6] | #19 of 50 states | 4.6% higher |
30-year mortgage rate | 7.03%[7] | #34 of 50 states | 0.8% higher |
Median household income | $77,315[8] | #20 of 50 states | 0.4% higher |
Affordability ratio | 5.9 | #33 of 50 states | 6.1% higher |
Buyers agent commission | 2.60%[9] | #9 of 50 states | 5.4% lower |
Who pays for realtor commission in Arizona?
Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.
Who pays closing costs in Arizona?
Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.
Learn more about who pays closing costs in Arizona.
Resources for Arizona home buyers
Preparing to buy in Arizona
Arizona home buying costs
Selling a house in the Arizona real estate market
According to our detailed survey of Arizona real estate agents, listing agents (those representing the seller) charge an average commission in Arizona of 2.66%, which is the 6th lowest in the United States. Buyers' agents charge an average commission of 2.6%, which is the 9th lowest in the United States.
Data point | Value | Rank | Compared to national avg |
Median listing price | $476,625[10] | #18 of 50 states | 7.5% higher |
Median sale price | $457,400[11] | #19 of 50 states | 4.6% higher |
Median days on market | 67[12] | #38 of 50 states | 13.9% longer |
Buyer's agent commission | 2.60%[13] | #9 of 50 states | 5.4% lower |
Listing agent commission | 2.66%[14] | #6 of 50 states | 6.4% lower |
Resources for Arizona home sellers
Preparing to sell in Arizona
- Selling a House in Arizona: 8 Simple Steps
- Average Time to Sell a House in Arizona
- When Is the Best Time to Sell a House in Arizona?
- Top Real Estate Agents in Arizona
Arizona home selling costs and requirements
Moving to Arizona
According to our recent moving trends survey[15], Arizona is the 9th most desirable state to move to, with 14% of Americans indicating that they would choose to move there if money were no object. Likewise, 9% of survey respondents indicated that they would move to Phoenix among a choice of America's largest cities.
Here's how Arizona cities rank in a number of our research studies.
Study | Best Arizona city | Rank |
Best Pizza Cities[16] | Phoenix | 12th best |
Best Coffee Cities[17] | Phoenix | 39th best |
Best LGBTQ Cities[18] | Phoenix | 36th best |
Best Bike Cities[19] | Phoenix | 46th best |
Best Commuter Cities[20] | Phoenix | 40th best |
Where to shop for homes in Arizona
Frequently asked questions
As of October 10, 2025, the median days on market (DOM) in Arizona is 60. On average, it takes about 61 days to sell in Arizona.
Home values have fallen in Arizona over the past year. The current median home value is $426,164 and it's projected to rise by 0.55% in the next year.
As of October 10, 2025, sellers in Arizona are typically getting 98.89% of the list price for their homes.
Methodology
Information on market conditions is based on Zillow data as of August 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 10, 2025, unless specified otherwise.
We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. These data points are averages based on responses we’ve received from 31 agents in Arizona.