Casa Grande, AZ—85194
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Casa Grande, AZ
As of Oct '25, the median home price in Casa Grande, AZ is $360,000, with a year-over-year change of -3.0%. This indicates that home prices in Casa Grande, AZ are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $360,000 | -3.0% |
| Single Family | $360,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $319,000 | -4.5% |
3 Bed | $351,000 | -2.5% |
4 Bed | $387,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Casa Grande, AZ
As of July '25, Rentcast reports the average rent in Casa Grande, AZ is $2,060, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Casa Grande, AZ is 2-bedrooms: $1,250, 3-bedrooms: $2,050, 4-bedrooms: $2,170. The most common rental property sizes in Casa Grande, AZ are 2-bedroom and 3-bedroom, accounting for 39.3% and 39.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $1,800 | $2,050 |
| 4 Bed Rent | $2,100 | $2,170 |
% of Rental Stock
Property Listings — Casa Grande, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Casa Grande, AZ is 59. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | -2.0% |
Listing Count | 114 | 8.0% |
| Listings as % of Homes | 2.7% | 8.0% |
Days on Market | 59 | -2.0% |
Demographics — Casa Grande, AZ
As of the latest ACS Survey released in 2023, Casa Grande, AZ has a population of 7,970, which has increased by 6.6% over the past 5 years. Casa Grande, AZ is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,970 | 6.6% |
% Under 18 | 16.8% | -8.7% |
% Seniors | 39.4% | 6.5% |
% WFH | 16.9% | 225.0% |
% w/ College Degree | 27.8% | 28.1% |
As of the latest ACS Survey released in 2023, Casa Grande, AZ is a predominantly white area, with 65.6% of the population identifying as white. The white population has grown by 9.2% in the last 5 years. The second most common race or ethnicity in Casa Grande, AZ is hispanic, making up 27.4% of the population. Foreign-born residents account for 12.5% of the population in Casa Grande, AZ, and this percentage has increased by 15.7% 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 | 65.6% | 9.2% |
% Black | 0.4% | -42.9% |
% Hispanic | 27.4% | -7.1% |
% Asian | 2.3% | 21.1% |
% Foreign Born | 12.5% | 15.7% |
Mortgage and Risk — Casa Grande, AZ
According to HUD data as of 2023, there were 346 mortgage originations in Casa Grande, AZ, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Casa Grande, AZ. Investor activity is low, as 0.0% 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 | 346 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Casa Grande, AZ
Casa Grande, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,470 |
| 2 Bedroom | $460 | $1,250 | $1,710 |
| 3 Bedroom | $500 | $1,800 | $2,300 |
| 4 Bedroom | $510 | $2,100 | $2,610 |
Affordability — Casa Grande, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $360,000 |
| Median Household Income | $79,900 |