Gila County, Arizona Housing Market

In Gila County, Arizona, the median home value is $269,400, with a median monthly rent of $1,030. This places Gila County at #784 nationally out of 3134 counties by median home value, and #7 within Arizona.

Median Home Value $269,400
Median Rent $1,030/mo
Owner Occupancy 77.5%
Price/Rent Ratio 21.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Gila County fell -0.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,055
jobs (private sector)
  • Avg weekly wage: $1,106
  • Establishments: 1,024
  • BLS QCEW, 2025
🏗️

Housing Supply

153
new units authorized (2025)
  • Single-family: 153
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1246
net migration (filers, 2021-2022)
  • Inflow: 20,492 (avg $67,407)
  • Outflow: 19,246 (avg $65,029)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Gila County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 85501 285.5 +5.23% 2025
2 85544 299.7 -4.17% 2025
3 85541 274.9 -0.21% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Gila County Compares

MetricGila CountyArizona AverageU.S. Average
Median Home Value $269,400 $265,720 $227,706
Median Gross Rent $1,030 $1,073 $968
Owner Occupancy Rate 77.5% 70.7% 73.3%
Price/Rent Ratio 21.8 19.9 18.7

Market Analysis

The median home value in Gila County is 1.4% above the Arizona state average and 18.3% above the U.S. national average. The median rent of $1,030/month is 4.0% below the state average.

With a price-to-rent ratio of 21.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Gila County has an owner-occupancy rate of 77.5%, compared to 70.7% in Arizona and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Warren County Iowa $269,600 $973
DeSoto County Mississippi $269,600 $1,451
Westmoreland County Virginia $269,600 $1,018
Brown County Indiana $269,100 $895
Erath County Texas $269,100 $1,146

Other Counties in Arizona

CountyMedian Home ValueMedian RentOwner Occ.
Mohave County $281,000 $1,091 74.1%
Santa Cruz County $233,000 $829 69.3%
Pima County $319,700 $1,212 65.2%
Cochise County $218,300 $995 71.0%
Yuma County $217,800 $993 71.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).