Cities with the most expensive homes in Arizona

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $366,913 in September, 1.0% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of October 15, the sits at 7.4%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in Arizona using data from . Cities are ranked by the Zillow Home Values Index for all homes as of September 2026. The charts in this story were created automatically using .

Metros with the most cities in the top 30 in Arizona
#1. Phoenix-Mesa-Chandler, AZ: 16
#2. Flagstaff, AZ: 5
#3. Prescott Valley-Prescott, AZ: 3
#4. Nogales, AZ: 2
#4. Tucson, AZ: 2
#6. Show Low, AZ: 1

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#30. Tubac

- Typical home value: $502,184
- 1-year price change: -0.6%
- 5-year price change: +13.8%
- Metro area: Nogales, AZ

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#29. Wickenburg

- Typical home value: $504,740
- 1-year price change: -0.8%
- 5-year price change: +12.7%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#28. Waddell

- Typical home value: $512,046
- 1-year price change: -0.8%
- 5-year price change: +10.7%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#27. Chandler

- Typical home value: $512,981
- 1-year price change: -1.2%
- 5-year price change: +6.7%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#26. Litchfield Park

- Typical home value: $515,165
- 1-year price change: +0.1%
- 5-year price change: +9.0%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#25. Oracle

- Typical home value: $516,408
- 1-year price change: +1.2%
- 5-year price change: +12.2%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#24. Cornville

- Typical home value: $517,408
- 1-year price change: -0.7%
- 5-year price change: +11.0%
- Metro area: Prescott Valley-Prescott, AZ

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#23. Bellemont

- Typical home value: $530,617
- 1-year price change: +1.2%
- 5-year price change: +19.5%
- Metro area: Flagstaff, AZ

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#22. Greer

- Typical home value: $539,480
- 1-year price change: -1.4%
- 5-year price change: data not available
- Metro area: not in a metro area

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#21. Forest Lakes

- Typical home value: $542,635
- 1-year price change: +0.2%
- 5-year price change: +23.8%
- Metro area: Flagstaff, AZ

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#20. Elgin

- Typical home value: $544,567
- 1-year price change: +3.1%
- 5-year price change: +18.3%
- Metro area: Nogales, AZ

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#19. Pinetop

- Typical home value: $545,701
- 1-year price change: +0.2%
- 5-year price change: +20.5%
- Metro area: Show Low, AZ

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#18. Anthem

- Typical home value: $557,701
- 1-year price change: -0.9%
- 5-year price change: +8.9%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#17. Sonoita

- Typical home value: $558,748
- 1-year price change: -0.2%
- 5-year price change: +15.7%
- Metro area: Tucson, AZ

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#16. Gilbert

- Typical home value: $565,459
- 1-year price change: -0.2%
- 5-year price change: +9.0%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#15. Munds Park

- Typical home value: $582,258
- 1-year price change: -0.6%
- 5-year price change: +17.6%
- Metro area: Flagstaff, AZ

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#14. Prescott

- Typical home value: $592,855
- 1-year price change: -0.3%
- 5-year price change: +11.7%
- Metro area: Prescott Valley-Prescott, AZ

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#13. Tortolita

- Typical home value: $606,018
- 1-year price change: +0.8%
- 5-year price change: +17.4%
- Metro area: Tucson, AZ

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#12. Parks

- Typical home value: $613,823
- 1-year price change: +0.1%
- 5-year price change: +21.2%
- Metro area: Flagstaff, AZ

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#11. Queen Creek

- Typical home value: $629,797
- 1-year price change: +0.2%
- 5-year price change: +11.1%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#10. Flagstaff

- Typical home value: $650,175
- 1-year price change: +0.2%
- 5-year price change: +23.9%
- Metro area: Flagstaff, AZ

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#9. Fountain Hills

- Typical home value: $658,829
- 1-year price change: +1.3%
- 5-year price change: +15.1%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#8. New River

- Typical home value: $758,272
- 1-year price change: +1.8%
- 5-year price change: +19.0%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#7. Rio Verde

- Typical home value: $825,559
- 1-year price change: +1.8%
- 5-year price change: +18.8%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#6. Scottsdale

- Typical home value: $851,746
- 1-year price change: +3.4%
- 5-year price change: +20.8%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#5. Sedona

- Typical home value: $891,380
- 1-year price change: +0.7%
- 5-year price change: +17.5%
- Metro area: Prescott Valley-Prescott, AZ

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#4. Fort McDowell

- Typical home value: $1,024,586
- 1-year price change: +6.6%
- 5-year price change: +20.7%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#3. Cave Creek

- Typical home value: $1,043,772
- 1-year price change: +2.5%
- 5-year price change: +25.4%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#2. Carefree

- Typical home value: $1,269,791
- 1-year price change: +2.5%
- 5-year price change: +24.3%
- Metro area: Phoenix-Mesa-Chandler, AZ

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#1. Paradise Valley

- Typical home value: $3,592,515
- 1-year price change: +12.0%
- 5-year price change: +61.7%
- Metro area: Phoenix-Mesa-Chandler, AZ

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