Highest Home Value in Arizona

Top 94 cities ranked by highest home value

Highest Home Value - Arizona

1 Paradise Valley $2,000,001
2 Cave Creek $791,900
3 Scottsdale $709,900
4 Sedona $708,400
5 Williamson $703,000
6 Citrus Park $659,700
8 Catalina Foothills $604,100
9 New River $603,700
10 Queen Creek $576,600
11 Fountain Hills $575,200
12 Tanque Verde $573,000
13 Doney Park $549,500
14 Litchfield Park $547,700
15 Prescott $528,500
16 Gilbert $518,600
17 Anthem $516,200
18 Flagstaff $503,400
19 Rincon Valley $498,900
20 Saddlebrooke $471,700
21 Chandler $469,800
22 Gold Canyon $469,600
23 Tucson Mountains $457,300
24 Wickenburg $449,400
25 Goodyear $441,900
26 Oro Valley $440,400
27 Peoria $429,400
28 Sun Lakes $425,500
29 Tempe $421,900
30 Lake Havasu City $411,500
31 Surprise $396,000
32 Buckeye $384,100
33 Phoenix $381,900
34 Marana $380,100
35 Prescott Valley $376,300
36 Vail $367,500
37 San Tan Valley $365,900
38 Mesa $364,300
39 Corona de Tucson $352,500
40 Chino Valley $352,100
41 Sun City West $350,500
42 Avondale $348,700
43 Glendale $347,000
44 Payson $343,200
45 Sahuarita $341,800
46 Maricopa $338,600
47 Verde Village $329,300
48 Florence $322,600
49 Casas Adobes $311,100
50 Tolleson $287,000
51 Camp Verde $286,700
52 Youngtown $282,900
53 El Mirage $282,000
54 Valencia West $276,000
55 Show Low $275,000
56 Fort Mohave $274,600
57 Thatcher $274,400
58 Catalina $267,800
59 Green Valley $264,300
61 Sun City $259,800
62 Casa Grande $258,200
63 Page $252,300
64 Snowflake $248,000
65 Eloy $243,600
66 Kingman $242,700
67 Tucson $242,200
68 Sierra Vista $239,000
69 Guadalupe $233,500
70 Drexel Heights $233,300
71 Arizona City $219,400
72 Globe $214,800
73 Rio Rico $212,600
74 Yuma $209,100
75 Somerton $206,100
76 Coolidge $203,100
77 San Luis $197,400
78 Bullhead City $196,900
79 Apache Junction $196,700
80 Safford $191,600
81 Tucson Estates $190,200
82 Picture Rocks $181,200
83 Fortuna Foothills $175,500
84 Nogales $172,800
85 Avra Valley $156,200
86 Golden Valley $153,000
87 Three Points $147,900
88 Benson $145,700
89 Winslow $143,200
90 Douglas $138,200
91 New Kingman-Butler $100,500
92 Tuba City $66,700
93 Flowing Wells $51,800
94 Kayenta $37,900

The most expensive housing markets in Arizona reflect areas of high demand, limited supply, and strong local economies. Paradise Valley leads with a median home value of $2,000,001. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Paradise Valley costs $2,000,001 - 5.7x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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