Chandler, AZ—85249
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 $673,000, 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 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $673,000 | -1.6% |
| Single Family | $674,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $388,000 | -4.2% |
3 Bed | $554,000 | -2.8% |
4 Bed | $719,000 | -1.1% |
| 5 Bed | $895,000 | -0.6% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,070 |
| Studio Rent | N/A | N/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 |
% 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 54. This is a increase of 26.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $728,000 | -9.0% |
Listing Count | 252 | 37.0% |
| Listings as % of Homes | 1.0% | 37.0% |
Days on Market | 54 | 26.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,000 | 23.0% |
% Under 18 | 26.3% | -9.0% |
% Seniors | 17.1% | 3.6% |
% WFH | 27.8% | 139.7% |
% w/ College Degree | 55.6% | 14.9% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $673,000 |
| Median Household Income | $151,000 |