Chandler, AZ—85226
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chandler, AZ
As of Oct '25, the median home price in Chandler, AZ is $497,000, with a year-over-year change of -3.5%. This indicates that home prices in Chandler, 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 | $497,000 | -3.5% |
| Single Family | $506,000 | -3.4% |
| Condos | $299,000 | -3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $360,000 | -3.7% |
3 Bed | $466,000 | -3.9% |
4 Bed | $604,000 | -2.6% |
| 5 Bed | $735,000 | -1.1% |
% of Housing Stock
Rental Trends — Chandler, AZ
As of July '25, Rentcast reports the average rent in Chandler, AZ is $2,310, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Chandler, AZ is studios: $932, 1-bedrooms: $1,380, 2-bedrooms: $2,010, 3-bedrooms: $2,460, 4-bedrooms: $3,100. The most common rental property sizes in Chandler, AZ are 2-bedroom and 1-bedroom, accounting for 38.2% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,310 |
| Studio Rent | $895 | $932 |
| 1 Bed Rent | $1,360 | $1,380 |
| 2 Bed Rent | $1,900 | $2,010 |
| 3 Bed Rent | $2,300 | $2,460 |
| 4 Bed Rent | $2,840 | $3,100 |
% of Rental Stock
Property Listings — Chandler, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Chandler, AZ is 47. This is a increase of 34.0% 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 | $532,000 | -1.0% |
Listing Count | 91 | 17.0% |
| Listings as % of Homes | 0.4% | 17.0% |
Days on Market | 47 | 34.0% |
Demographics — Chandler, AZ
As of the latest ACS Survey released in 2023, Chandler, AZ has a population of 41,000, which has increased by 5.4% over the past 5 years. Chandler, AZ is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,000 | 5.4% |
% Under 18 | 21.6% | -10.4% |
% Seniors | 12.2% | 47.0% |
% WFH | 22.3% | 328.8% |
% w/ College Degree | 50.0% | 2.9% |
As of the latest ACS Survey released in 2023, Chandler, AZ is a predominantly white area, with 60.7% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Chandler, AZ is hispanic, making up 17.2% of the population. Foreign-born residents account for 13.6% of the population in Chandler, AZ, and this percentage has decreased by 8.7% 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 | 60.7% | -1.9% |
% Black | 4.4% | -12.0% |
% Hispanic | 17.2% | -6.0% |
% Asian | 10.3% | 4.0% |
% Foreign Born | 13.6% | -8.7% |
Mortgage and Risk — Chandler, AZ
According to HUD data as of 2023, there were 509 mortgage originations in Chandler, AZ, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Chandler, AZ. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 509 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Chandler, AZ
As of 2024, the percent of homes in Chandler, AZ under the Section 8 program is 0.5%. 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 Chandler, 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 | 42 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $700 | $1,360 | $2,060 |
| 2 Bedroom | $490 | $1,900 | $2,390 |
| 3 Bedroom | $920 | $2,300 | $3,220 |
| 4 Bedroom | $760 | $2,840 | $3,600 |
Affordability — Chandler, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $497,000 |
| Median Household Income | $104,000 |