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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.
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 December 2025. 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: 2
#6. Show Low, AZ: 1
#30. Tubac
- Typical home value: $497,704
- 1-year price change: -2.2%
- 5-year price change: +36.3%
- Metro area: Nogales, AZ
#29. Oro Valley
- Typical home value: $499,615
- 1-year price change: -1.8%
- 5-year price change: +34.0%
- Metro area: Tucson, AZ
#28. Waddell
- Typical home value: $513,094
- 1-year price change: -1.1%
- 5-year price change: +40.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#27. Cornville
- Typical home value: $516,199
- 1-year price change: -1.3%
- 5-year price change: +33.7%
- Metro area: Prescott Valley-Prescott, AZ
#26. Wickenburg
- Typical home value: $516,293
- 1-year price change: -0.2%
- 5-year price change: +35.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
#25. Chandler
- Typical home value: $517,058
- 1-year price change: -3.2%
- 5-year price change: +31.4%
- Metro area: Phoenix-Mesa-Chandler, AZ
#24. Oracle
- Typical home value: $519,234
- 1-year price change: +0.4%
- 5-year price change: +37.2%
- Metro area: Phoenix-Mesa-Chandler, AZ
#23. Bellemont
- Typical home value: $519,353
- 1-year price change: +2.1%
- 5-year price change: +46.1%
- Metro area: Flagstaff, AZ
#22. Litchfield Park
- Typical home value: $520,894
- 1-year price change: -0.6%
- 5-year price change: +35.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
#21. Elgin
- Typical home value: $536,319
- 1-year price change: +0.1%
- 5-year price change: +32.8%
- Metro area: Nogales, AZ
#20. Pinetop
- Typical home value: $536,335
- 1-year price change: +2.0%
- 5-year price change: +55.6%
- Metro area: Show Low, AZ
#19. Forest Lakes
- Typical home value: $540,334
- 1-year price change: +2.8%
- 5-year price change: +58.5%
- Metro area: Flagstaff, AZ
#18. Anthem
- Typical home value: $561,197
- 1-year price change: -2.8%
- 5-year price change: +40.6%
- Metro area: Phoenix-Mesa-Chandler, AZ
#17. Sonoita
- Typical home value: $565,287
- 1-year price change: -0.2%
- 5-year price change: +35.5%
- Metro area: Tucson, AZ
#16. Gilbert
- Typical home value: $565,937
- 1-year price change: -2.4%
- 5-year price change: +36.4%
- Metro area: Phoenix-Mesa-Chandler, AZ
#15. Munds Park
- Typical home value: $580,228
- 1-year price change: -0.1%
- 5-year price change: +54.8%
- Metro area: Flagstaff, AZ
#14. Prescott
- Typical home value: $594,576
- 1-year price change: -0.8%
- 5-year price change: +34.6%
- Metro area: Prescott Valley-Prescott, AZ
#13. Parks
- Typical home value: $608,796
- 1-year price change: +1.7%
- 5-year price change: +49.9%
- Metro area: Flagstaff, AZ
#12. Tortolita
- Typical home value: $619,584
- 1-year price change: +2.2%
- 5-year price change: +40.1%
- Metro area: Tucson, AZ
#11. Queen Creek
- Typical home value: $628,265
- 1-year price change: -1.6%
- 5-year price change: +39.8%
- Metro area: Phoenix-Mesa-Chandler, AZ
#10. Flagstaff
- Typical home value: $646,275
- 1-year price change: +1.2%
- 5-year price change: +51.3%
- Metro area: Flagstaff, AZ
#9. Fountain Hills
- Typical home value: $655,551
- 1-year price change: +0.3%
- 5-year price change: +38.5%
- Metro area: Phoenix-Mesa-Chandler, AZ
#8. New River
- Typical home value: $748,927
- 1-year price change: +0.3%
- 5-year price change: +45.1%
- Metro area: Phoenix-Mesa-Chandler, AZ
#7. Rio Verde
- Typical home value: $823,831
- 1-year price change: +1.5%
- 5-year price change: +44.0%
- Metro area: Phoenix-Mesa-Chandler, AZ
#6. Scottsdale
- Typical home value: $832,749
- 1-year price change: +0.0%
- 5-year price change: +44.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
#5. Sedona
- Typical home value: $885,795
- 1-year price change: -3.1%
- 5-year price change: +47.7%
- Metro area: Prescott Valley-Prescott, AZ
#4. Fort McDowell
- Typical home value: $1,020,160
- 1-year price change: +2.9%
- 5-year price change: +38.9%
- Metro area: Phoenix-Mesa-Chandler, AZ
#3. Cave Creek
- Typical home value: $1,030,180
- 1-year price change: +0.2%
- 5-year price change: +53.7%
- Metro area: Phoenix-Mesa-Chandler, AZ
#2. Carefree
- Typical home value: $1,273,204
- 1-year price change: +1.4%
- 5-year price change: +53.3%
- Metro area: Phoenix-Mesa-Chandler, AZ
#1. Paradise Valley
- Typical home value: $3,313,469
- 1-year price change: +11.0%
- 5-year price change: +92.7%
- Metro area: Phoenix-Mesa-Chandler, AZ