Gold Canyon, AZ—85118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gold Canyon, AZ
As of Oct '25, the median home price in Gold Canyon, AZ is $487,000, with a year-over-year change of -1.4%. This indicates that home prices in Gold Canyon, AZ are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $487,000 | -1.4% |
| Single Family | $489,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $434,000 | -2.3% |
3 Bed | $487,000 | -1.2% |
4 Bed | $628,000 | -0.3% |
| 5 Bed | $870,000 | 1.9% |
% of Housing Stock
Rental Trends — Gold Canyon, AZ
As of July '25, Rentcast reports the average rent in Gold Canyon, AZ is $3,080, with a year-over-year rent change of 11.2%. Per bedroom, the median rent as of July '25 in Gold Canyon, AZ is 2-bedrooms: $2,690, 3-bedrooms: $2,960, 4-bedrooms: $3,430. The most common rental property sizes in Gold Canyon, AZ are 3-bedroom and 1-bedroom, accounting for 44.6% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,690 |
| 3 Bed Rent | $2,800 | $2,960 |
| 4 Bed Rent | $2,600 | $3,430 |
% of Rental Stock
Property Listings — Gold Canyon, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Gold Canyon, AZ is 49. This is a increase of 20.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $555,000 | 6.0% |
Listing Count | 215 | 13.0% |
| Listings as % of Homes | 2.1% | 13.0% |
Days on Market | 49 | 20.0% |
Demographics — Gold Canyon, AZ
As of the latest ACS Survey released in 2023, Gold Canyon, AZ has a population of 14,000, which has increased by 8.1% over the past 5 years. Gold Canyon, AZ is a less popular place for families, as children make up 6.7% of the population. The area has a moderately educated workforce, with 38.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | 8.1% |
% Under 18 | 6.7% | 13.6% |
% Seniors | 52.1% | -0.4% |
% WFH | 23.3% | 111.8% |
% w/ College Degree | 38.4% | 3.8% |
As of the latest ACS Survey released in 2023, Gold Canyon, AZ is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Gold Canyon, AZ is hispanic, making up 8.1% of the population. Foreign-born residents account for 5.1% of the population in Gold Canyon, AZ, and this percentage has decreased by 26.1% 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 | 86.2% | -4.9% |
% Black | 0.7% | -30.0% |
% Hispanic | 8.1% | 68.8% |
% Asian | 0.7% | -56.2% |
% Foreign Born | 5.1% | -26.1% |
Mortgage and Risk — Gold Canyon, AZ
According to HUD data as of 2023, there were 564 mortgage originations in Gold Canyon, AZ, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Gold Canyon, AZ. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 564 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Gold Canyon, AZ
Gold Canyon, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,510 |
| 2 Bedroom | -$250 | $2,000 | $1,750 |
| 3 Bedroom | -$450 | $2,800 | $2,350 |
| 4 Bedroom | $30 | $2,600 | $2,630 |
Affordability — Gold Canyon, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $487,000 |
| Median Household Income | $82,900 |