Log in

Cities with the fastest-growing home prices in the Phoenix metro area

Stacker compiled a list of cities with the fastest growing home prices in the Phoenix-Mesa-Chandler, AZ metro using data from Zillow.

Posted

FOTOGRIN // Shutterstock

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $358,761 in November, 2.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the most expensive homes in the Phoenix-Mesa-Chandler, AZ metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

You may also like: Most common restaurant cuisines in Phoenix

#30. Florence, AZ

Stacker

- 1-year price change: +$476 (+0.1%)
- 5-year price change: +$124,489 (+56.5%)
- Typical home value: $344,936 (#34 most expensive city in metro)

#29. Gila Bend, AZ

Stacker

- 1-year price change: +$659 (+0.3%)
- 5-year price change: +$60,307 (+44.3%)
- Typical home value: $196,570 (#42 most expensive city in metro)

#28. San Tan Valley, AZ

Stacker

- 1-year price change: +$1,392 (+0.3%)
- 5-year price change: +$155,308 (+61.9%)
- Typical home value: $406,168 (#26 most expensive city in metro)

#27. Peoria, AZ

Stacker

- 1-year price change: +$1,483 (+0.3%)
- 5-year price change: +$178,589 (+57.2%)
- Typical home value: $490,846 (#17 most expensive city in metro)

#26. Phoenix, AZ

Stacker

- 1-year price change: +$2,053 (+0.5%)
- 5-year price change: +$155,972 (+60.2%)
- Typical home value: $414,977 (#23 most expensive city in metro)

You may also like: See how Phoenix ranks in commuting

#25. Youngtown, AZ

Stacker

- 1-year price change: +$2,346 (+0.8%)
- 5-year price change: +$121,165 (+65.6%)
- Typical home value: $305,884 (#37 most expensive city in metro)

#24. San Manuel, AZ

Stacker

- 1-year price change: +$2,465 (+1.6%)
- 5-year price change: +$63,696 (+66.3%)
- Typical home value: $159,710 (#44 most expensive city in metro)

#23. Eloy, AZ

Stacker

- 1-year price change: +$2,799 (+1.1%)
- 5-year price change: +$101,217 (+62.0%)
- Typical home value: $264,368 (#41 most expensive city in metro)

#22. El Mirage, AZ

Stacker

- 1-year price change: +$2,915 (+0.8%)
- 5-year price change: +$142,239 (+66.7%)
- Typical home value: $355,450 (#33 most expensive city in metro)

#21. Glendale, AZ

Stacker

- 1-year price change: +$3,519 (+0.9%)
- 5-year price change: +$156,143 (+61.2%)
- Typical home value: $411,100 (#24 most expensive city in metro)

You may also like: Best places for 8 popular indoor activities in Phoenix

#20. Tempe, AZ

Stacker

- 1-year price change: +$3,616 (+0.8%)
- 5-year price change: +$170,555 (+55.1%)
- Typical home value: $480,318 (#19 most expensive city in metro)

#19. Mesa, AZ

Stacker

- 1-year price change: +$3,797 (+0.9%)
- 5-year price change: +$160,528 (+57.7%)
- Typical home value: $438,978 (#21 most expensive city in metro)

#18. Oracle, AZ

Stacker

- 1-year price change: +$5,291 (+1.0%)
- 5-year price change: +$184,021 (+56.0%)
- Typical home value: $512,489 (#16 most expensive city in metro)

#17. Waddell, AZ

Stacker

- 1-year price change: +$5,446 (+1.0%)
- 5-year price change: +$208,235 (+61.6%)
- Typical home value: $546,320 (#12 most expensive city in metro)

#16. Chandler, AZ

Stacker

- 1-year price change: +$6,244 (+1.2%)
- 5-year price change: +$188,933 (+55.4%)
- Typical home value: $529,748 (#15 most expensive city in metro)

You may also like: Highest-rated fine dining restaurants in Phoenix by diners

#15. Apache Junction, AZ

Stacker

- 1-year price change: +$6,738 (+1.8%)
- 5-year price change: +$143,381 (+61.7%)
- Typical home value: $375,938 (#31 most expensive city in metro)

#14. Tolleson, AZ

Stacker

- 1-year price change: +$8,044 (+2.1%)
- 5-year price change: +$166,502 (+71.6%)
- Typical home value: $398,907 (#28 most expensive city in metro)

#13. Superior, AZ

Stacker

- 1-year price change: +$9,412 (+5.5%)
- 5-year price change: +$66,388 (+58.8%)
- Typical home value: $179,376 (#43 most expensive city in metro)

#12. Scottsdale, AZ

Stacker

- 1-year price change: +$9,615 (+1.2%)
- 5-year price change: +$324,444 (+64.5%)
- Typical home value: $827,351 (#5 most expensive city in metro)

#11. Queen Creek, AZ

Stacker

- 1-year price change: +$10,315 (+1.6%)
- 5-year price change: +$250,623 (+64.7%)
- Typical home value: $638,238 (#9 most expensive city in metro)

You may also like: Best suburbs in Phoenix

#10. Gilbert, AZ

Stacker

- 1-year price change: +$10,328 (+1.8%)
- 5-year price change: +$218,275 (+61.0%)
- Typical home value: $576,388 (#11 most expensive city in metro)

#9. Miami, AZ

Stacker

- 1-year price change: +$10,391 (+7.8%)
- 5-year price change: +$14,974 (+11.7%)
- Typical home value: $143,101 (#46 most expensive city in metro)

#8. Fountain Hills, AZ

Stacker

- 1-year price change: +$10,988 (+1.7%)
- 5-year price change: +$235,366 (+55.4%)
- Typical home value: $660,385 (#8 most expensive city in metro)

#7. Anthem, AZ

Stacker

- 1-year price change: +$11,589 (+2.0%)
- 5-year price change: +$230,407 (+66.2%)
- Typical home value: $578,355 (#10 most expensive city in metro)

#6. Tonopah, AZ

Stacker

- 1-year price change: +$12,823 (+3.3%)
- 5-year price change: +$164,837 (+71.3%)
- Typical home value: $396,081 (#29 most expensive city in metro)

You may also like: Highest-rated seafood restaurants in Phoenix by diners

#5. New River, AZ

Stacker

- 1-year price change: +$22,450 (+3.1%)
- 5-year price change: +$296,017 (+64.3%)
- Typical home value: $756,681 (#7 most expensive city in metro)

#4. Fort McDowell, AZ

Stacker

- 1-year price change: +$24,459 (+2.5%)
- 5-year price change: +$355,191 (+53.4%)
- Typical home value: $1,020,212 (#4 most expensive city in metro)

#3. Carefree, AZ

Stacker

- 1-year price change: +$36,356 (+3.0%)
- 5-year price change: +$518,128 (+70.0%)
- Typical home value: $1,258,361 (#2 most expensive city in metro)

#2. Cave Creek, AZ

Stacker

- 1-year price change: +$41,135 (+4.1%)
- 5-year price change: +$441,929 (+73.4%)
- Typical home value: $1,043,815 (#3 most expensive city in metro)

#1. Paradise Valley, AZ

Stacker

- 1-year price change: +$288,352 (+10.3%)
- 5-year price change: +$1,500,716 (+95.1%)
- Typical home value: $3,079,294 (#1 most expensive city in metro)

You may also like: How gas prices have changed in Phoenix in the last week

Share with others