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Chandler, AZ—85249

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$669,000
1.6% YoY Growth
Household Income
$151,000
40.7% YoY Growth
Days on Market
77
23.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$3,000
1.6% YoY Growth
1-Bed Rent
$1,500
17.3% YoY Growth
2-Bed Rent
$2,450
4.1% YoY Growth
3-Bed Rent
$2,700
16.0% YoY Growth

Other Zip Codes in Chandler, AZ

8522485286852258522685248
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Chandler, AZ

As of Dec '25, the median home price in Chandler, AZ is $669,000, with a year-over-year change of -1.6%. This indicates that home prices in Chandler, 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 TypeMedian Home ValueYoY % Change
All Homes
$669,000-1.6%
Single Family $670,000-1.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $385,000-4.2%
    3 Bed
    $550,000-2.7%
    4 Bed
    $716,000-1.0%
    5 Bed $892,667-0.5%
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    % of Housing Stock

    1 Bedroom
    0.8%
    2 Bedrooms
    18.5%
    3 Bedrooms
    24.6%
    4 Bedrooms
    35.7%
    5+ Bedrooms
    20.3%

    Rental Trends — Chandler, AZ

    As of July '25, Rentcast reports the average rent in Chandler, AZ is $3,070, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Chandler, AZ is 1-bedrooms: $1,390, 2-bedrooms: $2,580, 3-bedrooms: $3,040, 4-bedrooms: $3,220. The most common rental property sizes in Chandler, AZ are 3-bedroom and 4-bedroom, accounting for 45.2% and 20.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,000$3,070
    Studio Rent N/AN/A
    1 Bed Rent $1,500$1,390
    2 Bed Rent $2,450$2,580
    3 Bed Rent $2,700$3,040
    4 Bed Rent $3,000$3,220
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    % of Rental Stock

    1 Bedroom
    5.3%
    2 Bedrooms
    18.1%
    3 Bedrooms
    45.2%
    4 Bedrooms
    20.5%
    5+ Bedrooms
    10.8%

    Property Listings — Chandler, AZ

    As of Dec '25, Realtor.com reports that the median days on market for a home in Chandler, AZ is 59. This is a increase of 17.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $670,000-11.0%
    Listing Count
    20627.0%
    Listings as % of Homes1.0%27.0%
    Days on Market
    7723.0%
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    Demographics — Chandler, AZ

    As of the latest ACS Survey released in 2023, Chandler, AZ has a population of 48,000, which has increased by 23.0% over the past 5 years. Chandler, AZ is a popular place for families, as children make up 26.3% of the population. The area has a highly educated workforce, with 55.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    48,00023.0%
    % Under 18
    26.3%-9.0%
    % Seniors
    17.1%3.6%
    % WFH
    27.8%139.7%
    % w/ College Degree
    55.6%14.9%
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    As of the latest ACS Survey released in 2023, Chandler, AZ is a predominantly white area, with 66.4% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Chandler, AZ is hispanic, making up 12.4% of the population. Foreign-born residents account for 12.8% of the population in Chandler, AZ, and this percentage has increased by 21.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    66.4%-7.5%
    % Black
    3.3%-19.5%
    % Hispanic
    12.4%12.7%
    % Asian
    11.8%21.6%
    % Foreign Born
    12.8%21.9%
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    Mortgage and Risk — Chandler, AZ

    According to HUD data as of 2023, there were 1011 mortgage originations in Chandler, AZ, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Chandler, AZ. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    1,011
    % Conventional Loans
    91.0%
    % Government Loans
    9.0%
    % Investor Loans
    1.0%
    % Second Loans
    2.0%
    % Cash Out Refinance
    14.0%
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    Rentals and Section 8 — Chandler, AZ

    As of 2024, the percent of homes in Chandler, AZ under the Section 8 program is 1.0%. 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
    21
    Total Units Section 8
    21
    % Rentals under Section 8
    1.0%
    % Occupied Section 8
    97.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$1,020$1,500$2,520
    2 Bedroom$480$2,450$2,930
    3 Bedroom$1,240$2,700$3,940
    4 Bedroom$1,410$3,000$4,410

    Affordability — Chandler, AZ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.4
    Median Home Price$669,000
    Median Household Income$151,000

    Chandler, AZ — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Chandler, AZ

    85286

    Chandler, AZ

    85248

    Gilbert, AZ

    85298

    Gilbert, AZ

    85297

    Chandler, AZ

    85225

    Frequently Asked Questions