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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.
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 June 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: 6
#3. Prescott Valley-Prescott, AZ: 3
#4. Tucson, AZ: 2
#5. Nogales, AZ: 1
#5. Show Low, AZ: 1
#30. Wickenburg
- Typical home value: $514,367
- 1-year price change: -1.0%
- 5-year price change: +21.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#29. Waddell
- Typical home value: $514,613
- 1-year price change: -0.7%
- 5-year price change: +19.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#28. Litchfield Park
- Typical home value: $519,678
- 1-year price change: +0.2%
- 5-year price change: +17.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#27. Happy Jack
- Typical home value: $519,957
- 1-year price change: -0.9%
- 5-year price change: +34.9%
- Metro area: Flagstaff, AZ
#26. Oracle
- Typical home value: $521,227
- 1-year price change: +1.4%
- 5-year price change: +20.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#25. Chandler
- Typical home value: $521,563
- 1-year price change: -1.8%
- 5-year price change: +14.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
#24. Cornville
- Typical home value: $526,341
- 1-year price change: -1.9%
- 5-year price change: +18.1%
- Metro area: Prescott Valley-Prescott, AZ
#23. Bellemont
- Typical home value: $536,999
- 1-year price change: -0.8%
- 5-year price change: +26.0%
- Metro area: Flagstaff, AZ
#22. Greer
- Typical home value: $548,202
- 1-year price change: -5.3%
- 5-year price change: data not available
- Metro area: not in a metro area
#21. Pinetop
- Typical home value: $555,207
- 1-year price change: +0.5%
- 5-year price change: +27.3%
- Metro area: Show Low, AZ
#20. Forest Lakes
- Typical home value: $559,170
- 1-year price change: +0.2%
- 5-year price change: +34.5%
- Metro area: Flagstaff, AZ
#19. Elgin
- Typical home value: $559,930
- 1-year price change: +3.4%
- 5-year price change: +22.1%
- Metro area: Nogales, AZ
#18. Anthem
- Typical home value: $567,028
- 1-year price change: -1.5%
- 5-year price change: +19.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#17. Gilbert
- Typical home value: $572,453
- 1-year price change: -0.8%
- 5-year price change: +17.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#16. Sonoita
- Typical home value: $587,796
- 1-year price change: +1.2%
- 5-year price change: +20.6%
- Metro area: Tucson, AZ
#15. Munds Park
- Typical home value: $596,592
- 1-year price change: -2.6%
- 5-year price change: +25.3%
- Metro area: Flagstaff, AZ
#14. Prescott
- Typical home value: $606,760
- 1-year price change: -0.7%
- 5-year price change: +18.3%
- Metro area: Prescott Valley-Prescott, AZ
#13. Tortolita
- Typical home value: $624,682
- 1-year price change: +1.5%
- 5-year price change: +25.8%
- Metro area: Tucson, AZ
#12. Queen Creek
- Typical home value: $630,828
- 1-year price change: -0.3%
- 5-year price change: +19.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#11. Parks
- Typical home value: $636,988
- 1-year price change: -1.8%
- 5-year price change: +28.7%
- Metro area: Flagstaff, AZ
#10. Flagstaff
- Typical home value: $665,540
- 1-year price change: -0.5%
- 5-year price change: +30.1%
- Metro area: Flagstaff, AZ
#9. Fountain Hills
- Typical home value: $668,009
- 1-year price change: +0.8%
- 5-year price change: +22.4%
- Metro area: Phoenix-Mesa-Chandler, AZ
#8. New River
- Typical home value: $767,945
- 1-year price change: +1.0%
- 5-year price change: +26.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
#7. Rio Verde
- Typical home value: $830,954
- 1-year price change: +1.5%
- 5-year price change: +27.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
#6. Scottsdale
- Typical home value: $858,275
- 1-year price change: +1.8%
- 5-year price change: +27.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
#5. Sedona
- Typical home value: $911,179
- 1-year price change: -1.4%
- 5-year price change: +26.0%
- Metro area: Prescott Valley-Prescott, AZ
#4. Fort McDowell
- Typical home value: $1,039,821
- 1-year price change: +5.6%
- 5-year price change: +26.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#3. Cave Creek
- Typical home value: $1,057,746
- 1-year price change: +1.1%
- 5-year price change: +33.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#2. Carefree
- Typical home value: $1,294,349
- 1-year price change: +1.9%
- 5-year price change: +33.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
#1. Paradise Valley
- Typical home value: $3,581,537
- 1-year price change: +11.2%
- 5-year price change: +72.5%
- Metro area: Phoenix-Mesa-Chandler, AZ