Maricopa County, Arizona Housing Market
In Maricopa County, Arizona, the median home value is $452,800, with a median monthly rent of $1,708. This places Maricopa County at #188 nationally out of 3134 counties by median home value, and #1 within Arizona.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,467
- Establishments: 141,071
- BLS QCEW, 2025
Housing Supply
- Single-family: 17,244
- Multi-family: 14,407
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,779,361 (avg $103,316)
- Outflow: 1,754,158 (avg $102,908)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Maricopa County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 85379 | 304.4 | — | 2025 |
| 2 | 85295 | 317.3 | -1.83% | 2025 |
| 3 | 85248 | 296.1 | -12.09% | 2025 |
| 4 | 85266 | 280.5 | -3.49% | 2025 |
| 5 | 85321 | 194.6 | — | 2025 |
| 6 | 85374 | 283.6 | -0.11% | 2025 |
| 7 | 85323 | 486.6 | +13.12% | 2025 |
| 8 | 85258 | 348.2 | -5.37% | 2025 |
| 9 | 85396 | 275.1 | -11.18% | 2025 |
| 10 | 85263 | 220.7 | -4.07% | 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.
📝 Editor's Insight
None
How Maricopa County Compares
| Metric | Maricopa County | Arizona Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $452,800 | $265,720 | $227,706 |
| Median Gross Rent | $1,708 | $1,073 | $968 |
| Owner Occupancy Rate | 65.2% | 70.7% | 73.3% |
| Price/Rent Ratio | 22.1 | 19.9 | 18.7 |
Market Analysis
The median home value in Maricopa County is 70.4% above the Arizona state average and 98.9% above the U.S. national average. The median rent of $1,708/month is 59.2% above the state average.
With a price-to-rent ratio of 22.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Maricopa County has an owner-occupancy rate of 65.2%, 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 |
|---|---|---|---|
| Carson City | Nevada | $453,000 | $1,248 |
| Carver County | Minnesota | $453,600 | $1,514 |
| Cumberland County | Maine | $451,200 | $1,589 |
| Bristol County | Massachusetts | $451,200 | $1,245 |
| Polk County | Oregon | $454,700 | $1,299 |
Other Counties in Arizona
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Coconino County | $448,000 | $1,473 | 59.7% |
| Yavapai County | $425,200 | $1,351 | 75.1% |
| Pinal County | $349,000 | $1,537 | 81.7% |
| Pima County | $319,700 | $1,212 | 65.2% |
| Mohave County | $281,000 | $1,091 | 74.1% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).