Ahwatukee Foothills, Phoenix, AZ—85048
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ahwatukee Foothills, Phoenix, AZ
As of Oct '25, the median home price in Ahwatukee Foothills, Phoenix, AZ is $578,000, with a year-over-year change of -2.0%. This indicates that home prices in Ahwatukee Foothills, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $578,000 | -2.0% |
| Single Family | $600,000 | -1.6% |
| Condos | $280,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $223,000 | -8.6% |
2 Bed | $317,000 | -5.9% |
3 Bed | $492,000 | -3.3% |
4 Bed | $660,000 | -1.2% |
| 5 Bed | $803,000 | -0.7% |
% of Housing Stock
Rental Trends — Ahwatukee Foothills, Phoenix, AZ
As of July '25, Rentcast reports the average rent in Ahwatukee Foothills, Phoenix, AZ is $2,520, with a year-over-year rent change of 11.0%. Per bedroom, the median rent as of July '25 in Ahwatukee Foothills, Phoenix, AZ is studios: $1,540, 1-bedrooms: $1,480, 2-bedrooms: $2,230, 3-bedrooms: $2,660, 4-bedrooms: $3,330. The most common rental property sizes in Ahwatukee Foothills, Phoenix, AZ are 2-bedroom and 1-bedroom, accounting for 36.0% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,380 | $2,520 |
| Studio Rent | $1,540 | $1,540 |
| 1 Bed Rent | $1,350 | $1,480 |
| 2 Bed Rent | $2,050 | $2,230 |
| 3 Bed Rent | $2,400 | $2,660 |
| 4 Bed Rent | $3,400 | $3,330 |
% of Rental Stock
Property Listings — Ahwatukee Foothills, Phoenix, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Ahwatukee Foothills, Phoenix, AZ is 64. This is a increase of 16.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $606,000 | -5.0% |
Listing Count | 115 | 3.0% |
| Listings as % of Homes | 0.7% | 3.0% |
Days on Market | 64 | 16.0% |
Demographics — Ahwatukee Foothills, Phoenix, AZ
As of the latest ACS Survey released in 2023, Ahwatukee Foothills, Phoenix, AZ has a population of 34,100, which has decreased by -3.2% over the past 5 years. Ahwatukee Foothills, Phoenix, AZ is a moderately popular place for families, as children make up 22.9% of the population. The area has a highly educated workforce, with 61.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,100 | -3.2% |
% Under 18 | 22.9% | -7.3% |
% Seniors | 14.6% | 49.0% |
% WFH | 23.2% | 201.3% |
% w/ College Degree | 61.6% | 15.8% |
As of the latest ACS Survey released in 2023, Ahwatukee Foothills, Phoenix, AZ is a predominantly white area, with 63.1% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Ahwatukee Foothills, Phoenix, AZ is hispanic, making up 15.0% of the population. Foreign-born residents account for 13.8% of the population in Ahwatukee Foothills, Phoenix, AZ, and this percentage has increased by 42.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.1% | -7.6% |
% Black | 5.0% | -23.1% |
% Hispanic | 15.0% | 11.9% |
% Asian | 10.0% | 66.7% |
% Foreign Born | 13.8% | 42.3% |
Mortgage and Risk — Ahwatukee Foothills, Phoenix, AZ
According to HUD data as of 2023, there were 265 mortgage originations in Ahwatukee Foothills, Phoenix, AZ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Ahwatukee Foothills, Phoenix, AZ. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 265 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Ahwatukee Foothills, Phoenix, AZ
As of 2024, the percent of homes in Ahwatukee Foothills, Phoenix, AZ under the Section 8 program is 1.5%. 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. In Ahwatukee Foothills, Phoenix, AZ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $780 | $1,350 | $2,130 |
| 2 Bedroom | $420 | $2,050 | $2,470 |
| 3 Bedroom | $920 | $2,400 | $3,320 |
| 4 Bedroom | $320 | $3,400 | $3,720 |
Affordability — Ahwatukee Foothills, Phoenix, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $578,000 |
| Median Household Income | $123,000 |