Greenlee County, Arizona Housing Market
In Greenlee County, Arizona, the median home value is $158,600, with a median monthly rent of $648. This places Greenlee County at #2051 nationally out of 3134 counties by median home value, and #13 within Arizona.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,904
- Establishments: 84
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,976 (avg $73,481)
- Outflow: 2,789 (avg $74,468)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Greenlee County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Greenlee County →How Greenlee County Compares
| Metric | Greenlee County | Arizona Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $158,600 | $265,720 | $227,706 |
| Median Gross Rent | $648 | $1,073 | $968 |
| Owner Occupancy Rate | 53.0% | 70.7% | 73.3% |
| Price/Rent Ratio | 20.4 | 19.9 | 18.7 |
Market Analysis
The median home value in Greenlee County is 40.3% below the Arizona state average and 30.3% below the U.S. national average. The median rent of $648/month is 39.6% below the state average.
With a price-to-rent ratio of 20.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Greenlee County has an owner-occupancy rate of 53.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Montmorency County | Michigan | $158,600 | $686 |
| Marinette County | Wisconsin | $158,600 | $795 |
| Tallapoosa County | Alabama | $158,500 | $765 |
| Peoria County | Illinois | $158,500 | $993 |
| Orange County | Indiana | $158,700 | $855 |
Other Counties in Arizona
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| La Paz County | $135,800 | $802 | 72.1% |
| Navajo County | $201,500 | $858 | 73.2% |
| Graham County | $212,000 | $935 | 73.1% |
| Yuma County | $217,800 | $993 | 71.0% |
| Cochise County | $218,300 | $995 | 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).