Arizona City, AZ—85123
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Arizona City, AZ
As of Oct '25, the median home price in Arizona City, AZ is $248,000, with a year-over-year change of -5.1%. This indicates that home prices in Arizona City, 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 | $248,000 | -5.1% |
| Single Family | $249,000 | -5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $199,000 | -6.6% |
3 Bed | $251,000 | -5.3% |
4 Bed | $265,000 | -4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Arizona City, AZ
As of July '25, Rentcast reports the average rent in Arizona City, AZ is $1,420, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Arizona City, AZ is 1-bedrooms: $895, 2-bedrooms: $1,050, 3-bedrooms: $1,520, 4-bedrooms: $1,760. The most common rental property sizes in Arizona City, AZ are 2-bedroom and 3-bedroom, accounting for 49.2% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $895 |
| 2 Bed Rent | $1,000 | $1,050 |
| 3 Bed Rent | $1,500 | $1,520 |
| 4 Bed Rent | $1,600 | $1,760 |
% of Rental Stock
Property Listings — Arizona City, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Arizona City, AZ is 66. This is a increase of 25.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | -3.0% |
Listing Count | 194 | 22.0% |
| Listings as % of Homes | 2.2% | 22.0% |
Days on Market | 66 | 25.0% |
Demographics — Arizona City, AZ
As of the latest ACS Survey released in 2023, Arizona City, AZ has a population of 8,830, which has decreased by -25.5% over the past 5 years. Arizona City, AZ is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 11.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,830 | -25.5% |
% Under 18 | 19.5% | -24.1% |
% Seniors | 27.3% | 35.8% |
% WFH | 7.8% | 143.8% |
% w/ College Degree | 11.5% | -13.5% |
As of the latest ACS Survey released in 2023, Arizona City, AZ is a predominantly white area, with 59.9% of the population identifying as white. The white population has grown by 22.0% in the last 5 years. The second most common race or ethnicity in Arizona City, AZ is hispanic, making up 32.2% of the population. Foreign-born residents account for 8.1% of the population in Arizona City, AZ, and this percentage has increased by 12.5% 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 | 59.9% | 22.0% |
% Black | 3.4% | 41.7% |
% Hispanic | 32.2% | -21.7% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 8.1% | 12.5% |
Mortgage and Risk — Arizona City, AZ
According to HUD data as of 2023, there were 509 mortgage originations in Arizona City, AZ, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 61.0% above 90% LTV (very high). This implies large mortgage risk in Arizona City, AZ. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 509 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Arizona City, AZ
As of 2024, the percent of homes in Arizona City, AZ under the Section 8 program is 8.2%. 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 Arizona City, 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 | 56 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $545 | $895 | $1,440 |
| 2 Bedroom | $690 | $1,000 | $1,690 |
| 3 Bedroom | $790 | $1,500 | $2,290 |
| 4 Bedroom | $1,010 | $1,600 | $2,610 |
Affordability — Arizona City, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $248,000 |
| Median Household Income | $60,600 |