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 $366,712 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 14, the sits at 6.36%.
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 April 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. Happy Jack
- Typical home value: $506,236
- 1-year price change: -0.6%
- 5-year price change: +43.6%
- Metro area: Flagstaff, AZ
#29. Wickenburg
- Typical home value: $516,630
- 1-year price change: -0.8%
- 5-year price change: +27.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#28. Waddell
- Typical home value: $518,792
- 1-year price change: -0.6%
- 5-year price change: +28.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
#27. Cornville
- Typical home value: $521,420
- 1-year price change: -1.9%
- 5-year price change: +25.0%
- Metro area: Prescott Valley-Prescott, AZ
#26. Chandler
- Typical home value: $524,013
- 1-year price change: -1.9%
- 5-year price change: +22.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
#25. Greer
- Typical home value: $524,973
- 1-year price change: -5.6%
- 5-year price change: data not available
- Metro area: not in a metro area
#24. Oracle
- Typical home value: $525,332
- 1-year price change: +1.4%
- 5-year price change: +28.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#23. Litchfield Park
- Typical home value: $526,988
- 1-year price change: +0.3%
- 5-year price change: +25.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#22. Bellemont
- Typical home value: $530,047
- 1-year price change: -0.6%
- 5-year price change: +33.0%
- Metro area: Flagstaff, AZ
#21. Pinetop
- Typical home value: $545,485
- 1-year price change: +1.4%
- 5-year price change: +36.8%
- Metro area: Show Low, AZ
#20. Elgin
- Typical home value: $552,705
- 1-year price change: +3.8%
- 5-year price change: +26.9%
- Metro area: Nogales, AZ
#19. Forest Lakes
- Typical home value: $554,831
- 1-year price change: +1.0%
- 5-year price change: +43.8%
- Metro area: Flagstaff, AZ
#18. Anthem
- Typical home value: $568,785
- 1-year price change: -1.7%
- 5-year price change: +28.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#17. Gilbert
- Typical home value: $574,098
- 1-year price change: -1.0%
- 5-year price change: +25.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#16. Sonoita
- Typical home value: $575,387
- 1-year price change: +1.8%
- 5-year price change: +25.9%
- Metro area: Tucson, AZ
#15. Munds Park
- Typical home value: $588,500
- 1-year price change: -3.0%
- 5-year price change: +35.3%
- Metro area: Flagstaff, AZ
#14. Prescott
- Typical home value: $603,256
- 1-year price change: -0.5%
- 5-year price change: +25.1%
- Metro area: Prescott Valley-Prescott, AZ
#13. Tortolita
- Typical home value: $623,140
- 1-year price change: +2.8%
- 5-year price change: +32.6%
- Metro area: Tucson, AZ
#12. Parks
- Typical home value: $625,598
- 1-year price change: -1.3%
- 5-year price change: +36.3%
- Metro area: Flagstaff, AZ
#11. Queen Creek
- Typical home value: $635,865
- 1-year price change: -0.4%
- 5-year price change: +28.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#10. Flagstaff
- Typical home value: $660,972
- 1-year price change: -0.2%
- 5-year price change: +38.4%
- Metro area: Flagstaff, AZ
#9. Fountain Hills
- Typical home value: $668,911
- 1-year price change: +1.1%
- 5-year price change: +30.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#8. New River
- Typical home value: $767,379
- 1-year price change: +1.6%
- 5-year price change: +34.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
#7. Rio Verde
- Typical home value: $842,725
- 1-year price change: +2.2%
- 5-year price change: +36.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#6. Scottsdale
- Typical home value: $858,307
- 1-year price change: +1.8%
- 5-year price change: +36.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#5. Sedona
- Typical home value: $906,178
- 1-year price change: -1.2%
- 5-year price change: +35.1%
- Metro area: Prescott Valley-Prescott, AZ
#4. Fort McDowell
- Typical home value: $1,041,918
- 1-year price change: +6.1%
- 5-year price change: +31.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
#3. Cave Creek
- Typical home value: $1,055,340
- 1-year price change: +1.5%
- 5-year price change: +43.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#2. Carefree
- Typical home value: $1,299,603
- 1-year price change: +2.9%
- 5-year price change: +43.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
#1. Paradise Valley
- Typical home value: $3,503,410
- 1-year price change: +12.9%
- 5-year price change: +84.1%
- Metro area: Phoenix-Mesa-Chandler, AZ