Scottsdale, AZ—85250
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scottsdale, AZ
As of Oct '25, the median home price in Scottsdale, AZ is $601,000, with a year-over-year change of -1.7%. This indicates that home prices in Scottsdale, 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 | $601,000 | -1.7% |
| Single Family | $659,000 | -1.8% |
| Condos | $389,000 | -3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $258,000 | -5.5% |
2 Bed | $472,000 | -2.9% |
3 Bed | $668,000 | -2.1% |
4 Bed | $830,000 | -2.0% |
| 5 Bed | $1,478,000 | 1.9% |
% of Housing Stock
Rental Trends — Scottsdale, AZ
As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $3,170, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is 1-bedrooms: $1,490, 2-bedrooms: $2,750, 3-bedrooms: $3,850, 4-bedrooms: $4,530. The most common rental property sizes in Scottsdale, AZ are 2-bedroom and 1-bedroom, accounting for 45.8% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $3,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,440 | $1,490 |
| 2 Bed Rent | $2,500 | $2,750 |
| 3 Bed Rent | $3,200 | $3,850 |
| 4 Bed Rent | $4,000 | $4,530 |
% of Rental Stock
Property Listings — Scottsdale, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Scottsdale, AZ is 50. This is a increase of 30.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $715,000 | -4.0% |
Listing Count | 158 | 12.0% |
| Listings as % of Homes | 1.1% | 12.0% |
Days on Market | 50 | 30.0% |
Demographics — Scottsdale, AZ
As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 14,900, which has decreased by -16.0% over the past 5 years. Scottsdale, AZ is a less popular place for families, as children make up 10.4% of the population. The area has a highly educated workforce, with 57.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,900 | -16.0% |
% Under 18 | 10.4% | -26.8% |
% Seniors | 27.6% | 16.9% |
% WFH | 23.2% | 209.3% |
% w/ College Degree | 57.8% | 8.4% |
As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 78.5% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is hispanic, making up 7.9% of the population. Foreign-born residents account for 10.0% of the population in Scottsdale, AZ, and this percentage has increased by 51.5% 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 | 78.5% | -7.3% |
% Black | 1.5% | 87.5% |
% Hispanic | 7.9% | -16.8% |
% Asian | 5.0% | 150.0% |
% Foreign Born | 10.0% | 51.5% |
Mortgage and Risk — Scottsdale, AZ
According to HUD data as of 2023, there were 439 mortgage originations in Scottsdale, AZ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Scottsdale, AZ. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 439 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 4.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Scottsdale, AZ
As of 2024, the percent of homes in Scottsdale, AZ under the Section 8 program is 1.1%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Scottsdale, AZ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 18 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,440 | $1,970 |
| 2 Bedroom | -$210 | $2,500 | $2,290 |
| 3 Bedroom | -$120 | $3,200 | $3,080 |
| 4 Bedroom | -$550 | $4,000 | $3,450 |
Affordability — Scottsdale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $601,000 |
| Median Household Income | $89,100 |