Graham County, Arizona Housing Market

In Graham County, Arizona, the median home value is $212,000, with a median monthly rent of $935. This places Graham County at #1277 nationally out of 3134 counties by median home value, and #11 within Arizona.

Median Home Value $212,000
Median Rent $935/mo
Owner Occupancy 73.1%
Price/Rent Ratio 18.9

📈 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 Graham County rose +8.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

8,158
jobs (private sector)
  • Avg weekly wage: $1,124
  • Establishments: 549
  • BLS QCEW, 2025
🏗️

Housing Supply

225
new units authorized (2025)
  • Single-family: 193
  • Multi-family: 32
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+538
net migration (filers, 2021-2022)
  • Inflow: 11,280 (avg $63,983)
  • Outflow: 10,742 (avg $64,197)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Graham County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 85546 312.5 +13.29% 2025
2 85552 288.5 +8.26% 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 Graham County Compares

MetricGraham CountyArizona AverageU.S. Average
Median Home Value $212,000 $265,720 $227,706
Median Gross Rent $935 $1,073 $968
Owner Occupancy Rate 73.1% 70.7% 73.3%
Price/Rent Ratio 18.9 19.9 18.7

Market Analysis

The median home value in Graham County is 20.2% below the Arizona state average and 6.9% below the U.S. national average. The median rent of $935/month is 12.9% below the state average.

With a price-to-rent ratio of 18.9, the buy-vs-rent decision in Graham County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Graham County has an owner-occupancy rate of 73.1%, compared to 70.7% in Arizona and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Morgan County Alabama $212,000 $864
Essex County New York $211,900 $934
Clinton County Ohio $211,900 $910
St. James Parish Louisiana $211,800 $903
Harrison County Mississippi $212,200 $1,115

Other Counties in Arizona

CountyMedian Home ValueMedian RentOwner Occ.
Yuma County $217,800 $993 71.0%
Cochise County $218,300 $995 71.0%
Navajo County $201,500 $858 73.2%
Santa Cruz County $233,000 $829 69.3%
Greenlee County $158,600 $648 53.0%

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).