Queen Creek, AZ 85142 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Queen Creek, AZ—85142

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$574,000

2.1% YoY Growth

Household Income

$125,000

48.5% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

$2,600

5.4% YoY Growth

1-Bed Rent

$1,540

8.4% YoY Growth

2-Bed Rent

$1,790

12.1% YoY Growth

3-Bed Rent

$2,350

4.0% YoY Growth

Home Price Trends — Queen Creek, AZ

As of Dec '25, the median home price in Queen Creek, AZ is $574,000, with a year-over-year change of -2.1%. This indicates that home prices in Queen Creek, AZ are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$574,000	-2.1%
Single Family	$574,000	-2.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Queen Creek, AZ

As of July '25, Rentcast reports the average rent in Queen Creek, AZ is $2,940, with a year-over-year rent change of 5.4%. Per bedroom, the median rent as of July '25 in Queen Creek, AZ is 1-bedrooms: $1,530, 2-bedrooms: $1,740, 3-bedrooms: $2,600, 4-bedrooms: $3,470. The most common rental property sizes in Queen Creek, AZ are 3-bedroom and 4-bedroom, accounting for 34.9% and 22.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,600	$2,940
Studio Rent	N/A	N/A
1 Bed Rent	$1,540	$1,530
2 Bed Rent	$1,790	$1,740
3 Bed Rent	$2,350	$2,600
4 Bed Rent	$2,850	$3,470

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% of Rental Stock

Studio

1.0%

1 Bedroom

4.7%

2 Bedrooms

15.9%

3 Bedrooms

34.9%

4 Bedrooms

22.2%

5+ Bedrooms

21.3%

Property Listings — Queen Creek, AZ

As of Dec '25, Realtor.com reports that the median days on market for a home in Queen Creek, AZ is 71. This is a increase of 7.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$744,000	6.0%
Listing Count	346	-5.0%
Listings as % of Homes	2.1%	-5.0%
Days on Market	76	10.0%

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Demographics — Queen Creek, AZ

As of the latest ACS Survey released in 2023, Queen Creek, AZ has a population of 87,200, which has increased by 32.4% over the past 5 years. Queen Creek, AZ is a popular place for families, as children make up 28.7% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	87,200	32.4%
% Under 18	28.7%	-15.3%
% Seniors	10.7%	13.8%
% WFH	20.0%	104.1%
% w/ College Degree	37.9%	19.6%

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As of the latest ACS Survey released in 2023, Queen Creek, AZ is a predominantly white area, with 65.9% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Queen Creek, AZ is hispanic, making up 21.6% of the population. Foreign-born residents account for 7.5% of the population in Queen Creek, AZ, and this percentage has increased by 13.6% 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	65.9%	-6.9%
% Black	3.9%	34.5%
% Hispanic	21.6%	4.3%
% Asian	2.9%	26.1%
% Foreign Born	7.5%	13.6%

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Mortgage and Risk — Queen Creek, AZ

According to HUD data as of 2023, there were 2764 mortgage originations in Queen Creek, AZ, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Queen Creek, AZ. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	2,764
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Queen Creek, AZ

As of 2024, the percent of homes in Queen Creek, AZ under the Section 8 program is 0.1%. 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 Queen Creek, 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	6
Total Units Section 8	6
% Rentals under Section 8	0.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$720	$1,540	$2,260
2 Bedroom	$840	$1,790	$2,630
3 Bedroom	$1,190	$2,350	$3,540
4 Bedroom	$1,110	$2,850	$3,960

Queen Creek, AZ—85142

Key Metrics at a Glance

Home Price Trends — Queen Creek, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Queen Creek, AZ

% of Rental Stock

Property Listings — Queen Creek, AZ

Demographics — Queen Creek, AZ

Race and Ethnicity

Mortgage and Risk — Queen Creek, AZ

Mortgages

Rentals and Section 8 — Queen Creek, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — Queen Creek, AZ

Home Price to Income Ratio

Queen Creek, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Gilbert, AZ

Gilbert, AZ

Sacaton

Mesa, AZ

Gilbert, AZ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$574,000
Median Household Income	$125,000

Queen Creek, AZ—85142

Key Metrics at a Glance

Home Price Trends — Queen Creek, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Queen Creek, AZ

% of Rental Stock

Property Listings — Queen Creek, AZ

Demographics — Queen Creek, AZ

Race and Ethnicity

Mortgage and Risk — Queen Creek, AZ

Mortgages

Rentals and Section 8 — Queen Creek, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — Queen Creek, AZ

Home Price to Income Ratio

Queen Creek, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Gilbert, AZ

Gilbert, AZ

Sacaton

Mesa, AZ

Gilbert, AZ

Frequently Asked Questions

What is the average home price in Queen Creek, AZ 85142?

How have home prices in Queen Creek, AZ 85142 changed over the past year?

What is the home price projection for Queen Creek, AZ 85142?

What are the demographics of Queen Creek, AZ 85142?

How long does it take homes to sell in Queen Creek, AZ 85142?

What is the average rent price in Queen Creek, AZ 85142?