Arizona Affordability
How affordable is Arizona real estate?
Public Record + Census ACS
Median Home Price
$613.5K
Median Household Income
$74,568
Affordability Index
8.23
vs National Avg
+20.7%
Cities in Arizona by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Kingman | $219.5K | 2.94 |
| 2 | Bullhead City | $259.3K | 3.48 |
| 3 | Apache Junction | $269.7K | 3.62 |
| 4 | Casa Grande | $271.6K | 3.64 |
| 5 | Yuma | $284.9K | 3.82 |
| 6 | Sun City | $286.9K | 3.85 |
| 7 | Sierra Vista | $310.4K | 4.16 |
| 8 | Maricopa | $368K | 4.94 |
| 9 | Vail | $419.9K | 5.63 |
| 10 | Tempe | $424.7K | 5.70 |
| 11 | Tucson | $437.8K | 5.87 |
| 12 | Mesa | $438.2K | 5.88 |
| 13 | Glendale | $452.5K | 6.07 |
| 14 | Goodyear | $469K | 6.29 |
| 15 | Prescott Valley | $485K | 6.50 |
| 16 | San Tan Valley | $499.4K | 6.70 |
| 17 | Surprise | $516.4K | 6.93 |
| 18 | Peoria | $546.7K | 7.33 |
| 19 | Marana | $603.4K | 8.09 |
| 20 | Chandler | $608.5K | 8.16 |
| 21 | Gold Canyon | $637.7K | 8.55 |
| 22 | Phoenix | $653.8K | 8.77 |
| 23 | Prescott | $680.4K | 9.12 |
| 24 | Lake Havasu City | $691.2K | 9.27 |
| 25 | Buckeye | $705.2K | 9.46 |
| 26 | Gilbert | $705.1K | 9.46 |
| 27 | Queen Creek | $983.9K | 13.19 |
| 28 | Sedona | $1.04M | 13.97 |
| 29 | Scottsdale | $1.66M | 22.25 |
| 30 | Flagstaff | $2.47M | 33.14 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.