While homes are getting more affordable in the greater Phoenix metropolitan area, the opposite is true in Scottsdale.
More families are finding homes in their price range, as the Greater Phoenix housing affordability index increased from 71 to 77 in February, and the number of homes in inventory rose 8.3%. This means that 77% of households with an income equal to the region’s median can afford the median-priced home, according to home sales data from Phoenix REALTORS.
Scottsdale saw an even more substantial rise in inventory in February 2026 compared to February 2025. It rose 16.7% to 5.6 months; however, the median price of a home increased 5.6% to $1.233 million.
