Pinal County, Arizona Housing Market

In Pinal County, Arizona, the median home value is $349,000, with a median monthly rent of $1,537. This places Pinal County at #421 nationally out of 3134 counties by median home value, and #4 within Arizona.

Median Home Value $349,000
Median Rent $1,537/mo
Owner Occupancy 81.7%
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 Pinal County rose +1.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

58,658
jobs (private sector)
  • Avg weekly wage: $1,135
  • Establishments: 5,235
  • BLS QCEW, 2025
🏗️

Housing Supply

8,048
new units authorized (2025)
  • Single-family: 6,511
  • Multi-family: 1,537
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+15386
net migration (filers, 2021-2022)
  • Inflow: 169,201 (avg $67,779)
  • Outflow: 153,815 (avg $66,419)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 9 active ZIP codes in Pinal County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 85623 281.4 -8.89% 2025
2 85631 299.8 -0.54% 2025
3 85118 305.0 +5.61% 2025
4 85140 387.6 +2.92% 2025
5 85194 294.7 +4.44% 2025
6 85119 322.6 +3.05% 2025
7 85123 275.9 -4.66% 2025
8 85128 304.0 +1.27% 2025
9 85122 286.0 -0.70% 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 Pinal County Compares

MetricPinal CountyArizona AverageU.S. Average
Median Home Value $349,000 $265,720 $227,706
Median Gross Rent $1,537 $1,073 $968
Owner Occupancy Rate 81.7% 70.7% 73.3%
Price/Rent Ratio 18.9 19.9 18.7

Market Analysis

The median home value in Pinal County is 31.3% above the Arizona state average and 53.3% above the U.S. national average. The median rent of $1,537/month is 43.2% above the state average.

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

Pinal County has an owner-occupancy rate of 81.7%, 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
Inyo County California $348,700 $1,189
Baltimore County Maryland $349,300 $1,627
Laramie County Wyoming $348,700 $1,160
Saratoga County New York $348,600 $1,394
Warren County Ohio $349,400 $1,361

Other Counties in Arizona

CountyMedian Home ValueMedian RentOwner Occ.
Pima County $319,700 $1,212 65.2%
Mohave County $281,000 $1,091 74.1%
Yavapai County $425,200 $1,351 75.1%
Gila County $269,400 $1,030 77.5%
Coconino County $448,000 $1,473 59.7%

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).