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Although the housing market is always subject to change, looking at the average price of homes in an area will give you a good idea what you can expect to pay. If you’re looking for a suburban home with a standard size lot there is a lot to choose from. If you’re looking for acreage there are plenty to pick from depending on the location you’re looking for. There is something for every need/want in the state. Pick your climate choice and you’re off and running! From sun everyday to perfect 4 seasons and a white Christmas too!
Phoenix
Phoenix has a 2023 population of 1,651,344. It is also the county seat of Maricopa County. Phoenix is currently growing at a rate of 0.82% annually and its population has increased by 2.48% since the most recent census, which recorded a population of 1,611,345 in 2020.
In October 2023, the median listing home price in Phoenix, AZ was $514.9K, trending up 14.4% year-over-year. The median listing home price per square foot was $304. The median home sold price was $440K.
Tucson
Tucson has a 2023 population of 546,019. It is also the county seat of Pima County. Tucson is currently growing at a rate of 0.26% annually and its population has increased by 0.77% since the most recent census, which recorded a population of 541,859 in 2020.
The median sale price of a home in Tucson was $325K last month, up 2.8% since last year. The median sale price per square foot in Tucson is $217
Flagstaff
Flagstaff has a 2023 population of 77,047. It is also the county seat of Coconino County. Flagstaff is currently growing at a rate of 0.04% annually and its population has increased by 0.11% since the most recent census, which recorded a population of 76,960 in 2020.
The median home sold price in Flagstaff was $760,000 in October 2023, down 2.5% from last year, and the median price per square foot was $385.
Yuma
Yuma is a city located in Yuma County Arizona. Yuma has a 2023 population of 99,246. It is also the county seat of Yuma County. Yuma is currently growing at a rate of 1.1% annually and its population has increased by 3.34% since the most recent census, which recorded a population of 96,034 in 2020.
The median listing home price in Yuma, AZ was $359.9K, trending up 10.7% year-over-year.
Prescott
Prescott is a city located in Yavapai County Arizona. Prescott has a 2023 population of 48,946. It is also the county seat of Yavapai County. Prescott is currently growing at a rate of 2.23% annually and its population has increased by 6.84% since the most recent census, which recorded a population of 45,811 in 2020.
The median listing home price in Prescott, AZ is $775K, trending up 3.7% year-over-year. The median listing home price per square foot was $347. The median home sold price was $600K.
Sedona
Sedona is a city located in Coconino County and Yavapai County Arizona. Sedona has a 2023 population of 9,896. Sedona is currently growing at a rate of 0.68% annually and its population has increased by 2.05% since the most recent census, which recorded a population of 9,697 in 2020.
In October 2023, the median listing home price in Sedona, AZ was $1.2M, trending up 15.5% year-over-year. The median listing home price per square foot was $506. The median home sold price was $870K.
Cottonwood
Cottonwood is a city located in Yavapai County Arizona. Cottonwood has a 2023 population of 12,924. Cottonwood is currently growing at a rate of 1.92% annually and its population has increased by 5.89% since the most recent census, which recorded a population of 12,205 in 2020.
The median listing home price in Cottonwood, Yavapai County, AZ was $484.5K, trending up 6.4% year-over-year.
Payson
Payson is a city located in Gila County Arizona. Payson has a 2023 population of 16,761. Payson is currently growing at a rate of 0.74% annually and its population has increased by 2.23% since the most recent census, which recorded a population of 16,395 in 2020.
The median home sold price in Payson was $477,666 in October 2023, up 1.8% from last year, and the median price per square foot was $283.
Kingman
Kingman is a city located in Mohave County Arizona. Kingman has a 2023 population of 35,812. It is also the county seat of Mohave County. Kingman is currently growing at a rate of 2.9% annually and its population has increased by 8.95% since the most recent census, which recorded a population of 32,869 in 2020.
The median listing home price in Kingman, AZ was $321K, trending up 7% year-over-year. The median listing home price per square foot was $200. The median home sold price was $281.5K.
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