Arizona Real Estate & Property Data

Arizona Real Estate Market Trends
Last Updated: March 19, 2024

Get access to Arizona real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 145,350 residential properties sold in the Arizona real estate market over the past 12 months. As of January 2024, the median home price in AZ on single-family homes is $420,000. The median single-family home value for properties over the last 12 months is $425,189. Currently, the State of Arizona has 505 properties in foreclosure and 21 REOs (real estate bank owned).

See how easy it is to locate target properties in AZ, build bespoke property reports, and create marketing lists from ATTOM’s Arizona real estate data.

Arizona Real Estate Market Trends
Total Residential Properties 2,460,437
Total Commercial Properties 119,268
Avg. Home Age (Single Family Home) 33 Years
Avg. Square Feet (Single Family Home) 1,989
Total 2024 Residential Sales (year-to-date) 8,860
% of Homes Seriously Underwater (Q1 2024) 1.09%
Total 2023 Residential Sales 136,490
% of Equity Rich Homes (Q1 2024) 41.84%
Effective 2023 Property Tax 0.41%
Total Foreclosure Filings (year-to-date) 505
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Arizona Real Estate Overview

There were 145,350 residential properties sold in the past year in Arizona. The median home value in Arizona is $425,189. There are a total of 2,460,437 residential properties in the AZ.

Median Sales Price i
$420,000
(Jan 2024)
+2.4%
year-over-year
y-o-y
  • January '24 Jan '24 $420,000
  • December '23 Dec '23 $419,900
  • November '23 Nov '23 $425,000
  • October '23 Oct '23 $430,000
  • September '23 Sep '23 $430,000
  • August '23 Aug '23 $432,000
  • July '23 Jul '23 $436,000
  • June '23 Jun '23 $440,000
  • May '23 May '23 $435,000
  • April '23 Apr '23 $425,000
  • March '23 Mar '23 $415,000
  • February '23 Feb '23 $415,000
Median Down Payment i
$60,475
(Jan 2024)
+5.7%
year-over-year
y-o-y
  • January '24 Jan '24 $60,475
  • December '23 Dec '23 $65,000
  • November '23 Nov '23 $70,200
  • October '23 Oct '23 $70,540
  • September '23 Sep '23 $69,999
  • August '23 Aug '23 $68,000
  • July '23 Jul '23 $65,586
  • June '23 Jun '23 $65,499
  • May '23 May '23 $63,000
  • April '23 Apr '23 $58,918
  • March '23 Mar '23 $60,000
  • February '23 Feb '23 $52,200
Number of Homes Sold i
8,860
(Jan 2024)
-1.4%
year-over-year
y-o-y
  • January '24 Jan '24 8,860
  • December '23 Dec '23 8,931
  • November '23 Nov '23 9,092
  • October '23 Oct '23 10,190
  • September '23 Sep '23 10,396
  • August '23 Aug '23 12,096
  • July '23 Jul '23 11,253
  • June '23 Jun '23 13,718
  • May '23 May '23 14,737
  • April '23 Apr '23 12,588
  • March '23 Mar '23 13,875
  • February '23 Feb '23 10,628
Number of Purchase Loans i
5,705
(Jan 2024)
-3.3%
year-over-year
y-o-y
  • January '24 Jan '24 5,705
  • December '23 Dec '23 6,331
  • November '23 Nov '23 5,544
  • October '23 Oct '23 6,642
  • September '23 Sep '23 7,039
  • August '23 Aug '23 8,252
  • July '23 Jul '23 7,941
  • June '23 Jun '23 9,579
  • May '23 May '23 10,196
  • April '23 Apr '23 8,519
  • March '23 Mar '23 9,902
  • February '23 Feb '23 7,336
Number of REFI Loans i
3,614
(Jan 2024)
+20.7%
year-over-year
y-o-y
  • January '24 Jan '24 3,614
  • December '23 Dec '23 3,350
  • November '23 Nov '23 3,314
  • October '23 Oct '23 3,829
  • September '23 Sep '23 3,601
  • August '23 Aug '23 4,431
  • July '23 Jul '23 3,544
  • June '23 Jun '23 3,769
  • May '23 May '23 3,615
  • April '23 Apr '23 2,977
  • March '23 Mar '23 3,611
  • February '23 Feb '23 2,891
Number of HELOC Loans i
1,960
(Jan 2024)
-8.8%
year-over-year
y-o-y
  • January '24 Jan '24 1,960
  • December '23 Dec '23 2,035
  • November '23 Nov '23 2,315
  • October '23 Oct '23 2,428
  • September '23 Sep '23 2,438
  • August '23 Aug '23 2,666
  • July '23 Jul '23 2,292
  • June '23 Jun '23 2,369
  • May '23 May '23 2,585
  • April '23 Apr '23 2,310
  • March '23 Mar '23 2,417
  • February '23 Feb '23 2,058

Arizona Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

Arizona Foreclosure Activity

There were a total of 505 Arizona properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 505 Arizona properties and repossessed 21 Arizona properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
505
(Jan 2024)
-12.9%
year-over-year
y-o-y
  • January '24 Jan '24 505
  • December '23 Dec '23 464
  • November '23 Nov '23 476
  • October '23 Oct '23 527
  • September '23 Sep '23 512
  • August '23 Aug '23 469
  • July '23 Jul '23 483
  • June '23 Jun '23 426
  • May '23 May '23 432
  • April '23 Apr '23 528
  • March '23 Mar '23 650
  • February '23 Feb '23 455
Foreclosure Starts i
505
(Jan 2024)
-12.9%
year-over-year
y-o-y
  • January '24 Jan '24 505
  • December '23 Dec '23 464
  • November '23 Nov '23 476
  • October '23 Oct '23 527
  • September '23 Sep '23 512
  • August '23 Aug '23 469
  • July '23 Jul '23 483
  • June '23 Jun '23 426
  • May '23 May '23 432
  • April '23 Apr '23 528
  • March '23 Mar '23 650
  • February '23 Feb '23 455
Completed Foreclosures (REOs) i
21
(Jan 2024)
-8.7%
year-over-year
y-o-y
  • January '24 Jan '24 21
  • December '23 Dec '23 21
  • November '23 Nov '23 8
  • October '23 Oct '23 6
  • September '23 Sep '23 22
  • August '23 Aug '23 18
  • July '23 Jul '23 22
  • June '23 Jun '23 18
  • May '23 May '23 24
  • April '23 Apr '23 12
  • March '23 Mar '23 28
  • February '23 Feb '23 11
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