Arcadia, Phoenix, AZ—85018
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Arcadia, Phoenix, AZ
As of Oct '25, the median home price in Arcadia, Phoenix, AZ is $946,000, with a year-over-year change of 0.1%. This indicates that home prices in Arcadia, Phoenix, AZ are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $946,000 | 0.1% |
| Single Family | $1,124,000 | 1.4% |
| Condos | $278,000 | -4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $247,000 | -6.1% |
2 Bed | $339,000 | -5.0% |
3 Bed | $857,000 | -1.0% |
4 Bed | $1,526,000 | 1.7% |
| 5 Bed | $2,745,000 | 3.2% |
% of Housing Stock
Rental Trends — Arcadia, Phoenix, AZ
As of July '25, Rentcast reports the average rent in Arcadia, Phoenix, AZ is $2,710, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Arcadia, Phoenix, AZ is studios: $931, 1-bedrooms: $1,410, 2-bedrooms: $2,130, 3-bedrooms: $3,650, 4-bedrooms: $6,330. The most common rental property sizes in Arcadia, Phoenix, AZ are 1-bedroom and 2-bedroom, accounting for 36.5% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,880 | $2,710 |
| Studio Rent | $930 | $931 |
| 1 Bed Rent | $1,250 | $1,410 |
| 2 Bed Rent | $1,780 | $2,130 |
| 3 Bed Rent | $3,140 | $3,650 |
| 4 Bed Rent | $6,000 | $6,330 |
% of Rental Stock
Property Listings — Arcadia, Phoenix, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Arcadia, Phoenix, AZ is 65. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,230,000 | 4.0% |
Listing Count | 300 | 42.0% |
| Listings as % of Homes | 1.0% | 42.0% |
Days on Market | 65 | 15.0% |
Demographics — Arcadia, Phoenix, AZ
As of the latest ACS Survey released in 2023, Arcadia, Phoenix, AZ has a population of 38,300, which has decreased by -1.5% over the past 5 years. Arcadia, Phoenix, AZ is a moderately popular place for families, as children make up 20.4% of the population. The area has a highly educated workforce, with 56.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,300 | -1.5% |
% Under 18 | 20.4% | -2.9% |
% Seniors | 15.6% | 12.2% |
% WFH | 20.7% | 168.8% |
% w/ College Degree | 56.8% | 17.6% |
As of the latest ACS Survey released in 2023, Arcadia, Phoenix, AZ is a predominantly white area, with 65.5% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Arcadia, Phoenix, AZ is hispanic, making up 20.4% of the population. Foreign-born residents account for 10.6% of the population in Arcadia, Phoenix, AZ, and this percentage has decreased by 1.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.5% | -5.8% |
% Black | 4.2% | 27.3% |
% Hispanic | 20.4% | 1.5% |
% Asian | 3.3% | -8.3% |
% Foreign Born | 10.6% | -1.9% |
Mortgage and Risk — Arcadia, Phoenix, AZ
According to HUD data as of 2023, there were 704 mortgage originations in Arcadia, Phoenix, AZ, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Arcadia, Phoenix, AZ. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 704 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Arcadia, Phoenix, AZ
As of 2024, the percent of homes in Arcadia, Phoenix, AZ under the Section 8 program is 7.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Arcadia, Phoenix, AZ, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 575 |
Total Units Section 8 | 561 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 92.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,250 | $1,710 |
| 2 Bedroom | $210 | $1,780 | $1,990 |
| 3 Bedroom | -$460 | $3,140 | $2,680 |
| 4 Bedroom | -$3,010 | $6,000 | $2,990 |
Affordability — Arcadia, Phoenix, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.3 |
| Median Home Price | $946,000 |
| Median Household Income | $87,600 |