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Paradise Valley, AZ

Full City Profile · Arizona · Maricopa County County

3.2 /5.0
B Good
12,621 Population 821/sq mi density
$236,250 Median Income $149,318 per capita
$2,000,001 Home Value $3,451,504 Zillow
$3,501 Median Rent 17.4% income on rent
73°F Avg Temperature 330 sunny days/yr
68 Violent Crime/100K 1,093 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$236,250 median income, 1.3% unemployment
D
Affordability
1.9 / 5.0
$2,000,001 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
A+
Education
5.0 / 5.0
72.9% bachelor's degree or higher

Housing Overview

Median Home Value
$2,000,001
609% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
95.1%
45% above US avg (65.4%)
Total Housing Units
5,810
Median year built: 1984

Home Value by Source

Census Median
$2,000,001
Zillow (ZHVI)
$3,451,504
Median Sale Price
$6,200,000
Median List Price
$5,495,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.1%
Owner-Occupied
4.9%
Renter-Occupied
95%
5%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent: $3,501/mo · Zillow rent: $1,891/mo

Market Indicators (Redfin)

Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
28
Price Drops
30.9%
of listings with price reduction
Price Per Sq Ft
$923
Active Inventory
233
homes for sale

Affordability & Housing Stock

Rent Burden
17.4%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
95.1%

Complete Housing Data

Home Values

Census Median Value$2,000,001
Zillow Home Value (ZHVI)$3,451,504
Median Sale Price$6,200,000
Median List Price$5,495,000
Price Per Sq Ft$923

Rent

Census Median Rent$3,501
Zillow Rent (ZORI)$1,891
FMR Studio$1,053
FMR 1-Bedroom$1,151
FMR 2-Bedroom$1,419
FMR 3-Bedroom$1,889
FMR 4-Bedroom$2,158

Market

Days on Market38
Sale-to-List Ratio1.0%
Price Drops30.9%
Homes Sold28
Active Inventory233
Price Per Sq Ft$923

Ownership & Stock

Owner-Occupied95.1%
Renter-Occupied4.9%
Homeownership Rate95.1%
Total Housing Units5,810
Median Year Built1984
Rent Burden17.4%