Santa Cruz County, Arizona Housing Market
In Santa Cruz County, Arizona, the median home value is $233,000, with a median monthly rent of $829. This places Santa Cruz County at #1044 nationally out of 3134 counties by median home value, and #8 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: $971
- Establishments: 1,166
- BLS QCEW, 2025
Housing Supply
- Single-family: 353
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 20,152 (avg $56,837)
- Outflow: 19,325 (avg $55,574)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Santa Cruz County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 85621 | 217.9 | -4.24% | 2025 |
| 2 | 85648 | 230.5 | +0.85% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Santa Cruz County Compares
| Metric | Santa Cruz County | Arizona Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $233,000 | $265,720 | $227,706 |
| Median Gross Rent | $829 | $1,073 | $968 |
| Owner Occupancy Rate | 69.3% | 70.7% | 73.3% |
| Price/Rent Ratio | 23.4 | 19.9 | 18.7 |
Market Analysis
The median home value in Santa Cruz County is 12.3% below the Arizona state average and 2.3% above the U.S. national average. The median rent of $829/month is 22.7% below the state average.
With a price-to-rent ratio of 23.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Santa Cruz County has an owner-occupancy rate of 69.3%, 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 |
|---|---|---|---|
| Marion County | Iowa | $233,000 | $884 |
| Roane County | Tennessee | $232,900 | $785 |
| Bartholomew County | Indiana | $232,800 | $1,127 |
| Lincoln County | New Mexico | $233,200 | $956 |
| Page County | Virginia | $233,200 | $879 |
Other Counties in Arizona
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cochise County | $218,300 | $995 | 71.0% |
| Yuma County | $217,800 | $993 | 71.0% |
| Graham County | $212,000 | $935 | 73.1% |
| Navajo County | $201,500 | $858 | 73.2% |
| Gila County | $269,400 | $1,030 | 77.5% |
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).