Stetson Hills, Phoenix, AZ—85083
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stetson Hills, Phoenix, AZ
As of Oct '25, the median home price in Stetson Hills, Phoenix, AZ is $620,000, with a year-over-year change of -2.1%. This indicates that home prices in Stetson Hills, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $620,000 | -2.1% |
| Single Family | $621,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $371,000 | -4.4% |
3 Bed | $505,000 | -3.3% |
4 Bed | $643,000 | -2.0% |
| 5 Bed | $751,000 | -0.9% |
% of Housing Stock
Rental Trends — Stetson Hills, Phoenix, AZ
As of July '25, Rentcast reports the average rent in Stetson Hills, Phoenix, AZ is $2,760, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Stetson Hills, Phoenix, AZ is 1-bedrooms: $1,600, 2-bedrooms: $2,020, 3-bedrooms: $2,340, 4-bedrooms: $2,990. The most common rental property sizes in Stetson Hills, Phoenix, AZ are 3-bedroom and 4-bedroom, accounting for 56.1% and 38.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,600 |
| 2 Bed Rent | $2,000 | $2,020 |
| 3 Bed Rent | $2,200 | $2,340 |
| 4 Bed Rent | $2,750 | $2,990 |
% of Rental Stock
Property Listings — Stetson Hills, Phoenix, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Stetson Hills, Phoenix, AZ is 69. This is a increase of 12.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $697,000 | -2.0% |
Listing Count | 87 | 18.0% |
| Listings as % of Homes | 0.7% | 18.0% |
Days on Market | 69 | 12.0% |
Demographics — Stetson Hills, Phoenix, AZ
As of the latest ACS Survey released in 2023, Stetson Hills, Phoenix, AZ has a population of 21,200, which has increased by 8.3% over the past 5 years. Stetson Hills, Phoenix, AZ is a popular place for families, as children make up 28.5% of the population. The area has a highly educated workforce, with 51.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,200 | 8.3% |
% Under 18 | 28.5% | -4.4% |
% Seniors | 12.9% | 20.6% |
% WFH | 27.0% | 178.4% |
% w/ College Degree | 51.8% | 6.1% |
As of the latest ACS Survey released in 2023, Stetson Hills, Phoenix, AZ is a predominantly white area, with 74.1% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Stetson Hills, Phoenix, AZ is asian, making up 10.0% of the population. Foreign-born residents account for 14.2% of the population in Stetson Hills, Phoenix, AZ, and this percentage has increased by 17.4% 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 | 74.1% | -1.2% |
% Black | 1.9% | -17.4% |
% Hispanic | 9.9% | 15.1% |
% Asian | 10.0% | -8.3% |
% Foreign Born | 14.2% | 17.4% |
Mortgage and Risk — Stetson Hills, Phoenix, AZ
According to HUD data as of 2023, there were 440 mortgage originations in Stetson Hills, Phoenix, AZ, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Stetson Hills, Phoenix, AZ. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 440 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Stetson Hills, Phoenix, AZ
As of 2024, the percent of homes in Stetson Hills, Phoenix, AZ under the Section 8 program is 1.2%. 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. In Stetson Hills, 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 | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $780 | $1,600 | $2,380 |
| 2 Bedroom | $770 | $2,000 | $2,770 |
| 3 Bedroom | $1,530 | $2,200 | $3,730 |
| 4 Bedroom | $1,420 | $2,750 | $4,170 |
Affordability — Stetson Hills, Phoenix, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $620,000 |
| Median Household Income | $157,000 |