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 $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.
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 February 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. Tucson, AZ: 3
#3. Prescott Valley-Prescott, AZ: 3
#5. Nogales, AZ: 1
#5. Show Low, AZ: 1
#30. Oro Valley
- Typical home value: $500,735
- 1-year price change: -1.0%
- 5-year price change: +30.9%
- Metro area: Tucson, AZ
#29. Waddell
- Typical home value: $514,096
- 1-year price change: -0.7%
- 5-year price change: +35.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#28. Wickenburg
- Typical home value: $516,099
- 1-year price change: -0.3%
- 5-year price change: +32.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
#27. Chandler
- Typical home value: $521,806
- 1-year price change: -2.4%
- 5-year price change: +27.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#26. Cornville
- Typical home value: $522,114
- 1-year price change: -1.7%
- 5-year price change: +29.9%
- Metro area: Prescott Valley-Prescott, AZ
#25. Greer
- Typical home value: $523,362
- 1-year price change: -5.5%
- 5-year price change: data not available
- Metro area: not in a metro area
#24. Oracle
- Typical home value: $525,895
- 1-year price change: +1.2%
- 5-year price change: +33.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#23. Litchfield Park
- Typical home value: $528,339
- 1-year price change: +0.2%
- 5-year price change: +32.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
#22. Bellemont
- Typical home value: $530,034
- 1-year price change: +0.8%
- 5-year price change: +39.9%
- Metro area: Flagstaff, AZ
#21. Pinetop
- Typical home value: $537,100
- 1-year price change: +2.1%
- 5-year price change: +46.2%
- Metro area: Show Low, AZ
#20. Elgin
- Typical home value: $541,116
- 1-year price change: +1.6%
- 5-year price change: +29.7%
- Metro area: Nogales, AZ
#19. Forest Lakes
- Typical home value: $541,584
- 1-year price change: +2.4%
- 5-year price change: +52.9%
- Metro area: Flagstaff, AZ
#18. Anthem
- Typical home value: $563,523
- 1-year price change: -2.0%
- 5-year price change: +35.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#17. Sonoita
- Typical home value: $563,669
- 1-year price change: +0.5%
- 5-year price change: +30.2%
- Metro area: Tucson, AZ
#16. Gilbert
- Typical home value: $570,461
- 1-year price change: -1.6%
- 5-year price change: +31.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#15. Munds Park
- Typical home value: $574,194
- 1-year price change: -1.4%
- 5-year price change: +46.8%
- Metro area: Flagstaff, AZ
#14. Prescott
- Typical home value: $599,196
- 1-year price change: -0.5%
- 5-year price change: +30.5%
- Metro area: Prescott Valley-Prescott, AZ
#13. Parks
- Typical home value: $612,308
- 1-year price change: +0.5%
- 5-year price change: +44.3%
- Metro area: Flagstaff, AZ
#12. Tortolita
- Typical home value: $612,892
- 1-year price change: +3.0%
- 5-year price change: +36.5%
- Metro area: Tucson, AZ
#11. Queen Creek
- Typical home value: $631,155
- 1-year price change: -0.7%
- 5-year price change: +34.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#10. Flagstaff
- Typical home value: $650,799
- 1-year price change: +0.5%
- 5-year price change: +45.9%
- Metro area: Flagstaff, AZ
#9. Fountain Hills
- Typical home value: $661,581
- 1-year price change: +1.1%
- 5-year price change: +36.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#8. New River
- Typical home value: $756,586
- 1-year price change: +1.5%
- 5-year price change: +41.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
#7. Rio Verde
- Typical home value: $838,545
- 1-year price change: +2.3%
- 5-year price change: +42.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#6. Scottsdale
- Typical home value: $848,565
- 1-year price change: +1.3%
- 5-year price change: +42.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
#5. Sedona
- Typical home value: $901,982
- 1-year price change: -1.9%
- 5-year price change: +42.4%
- Metro area: Prescott Valley-Prescott, AZ
#4. Fort McDowell
- Typical home value: $1,017,504
- 1-year price change: +5.3%
- 5-year price change: +37.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#3. Cave Creek
- Typical home value: $1,043,054
- 1-year price change: +1.5%
- 5-year price change: +50.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
#2. Carefree
- Typical home value: $1,289,851
- 1-year price change: +3.0%
- 5-year price change: +49.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#1. Paradise Valley
- Typical home value: $3,451,504
- 1-year price change: +13.5%
- 5-year price change: +90.8%
- Metro area: Phoenix-Mesa-Chandler, AZ