Scottsdale, AZ—85258
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 $835,000, with a year-over-year change of -0.2%. This indicates that home prices in Scottsdale, AZ are flat. 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 | $835,000 | -0.2% |
| Single Family | $994,000 | 0.2% |
| Condos | $367,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $265,000 | -6.7% |
2 Bed | $503,000 | -2.7% |
3 Bed | $932,000 | -0.4% |
4 Bed | $1,352,000 | 1.4% |
| 5 Bed | $1,810,000 | 1.3% |
% of Housing Stock
Rental Trends — Scottsdale, AZ
As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $4,220, with a year-over-year rent change of 6.6%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is studios: $1,880, 1-bedrooms: $2,190, 2-bedrooms: $3,870, 3-bedrooms: $5,220, 4-bedrooms: $5,740. The most common rental property sizes in Scottsdale, AZ are 2-bedroom and 1-bedroom, accounting for 48.6% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,850 | $4,220 |
| Studio Rent | $1,600 | $1,880 |
| 1 Bed Rent | $2,000 | $2,190 |
| 2 Bed Rent | $3,500 | $3,870 |
| 3 Bed Rent | $4,900 | $5,220 |
| 4 Bed Rent | $5,500 | $5,740 |
% 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 49. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $986,000 | 13.0% |
Listing Count | 237 | 12.0% |
| Listings as % of Homes | 1.3% | 12.0% |
Days on Market | 49 | -1.0% |
Demographics — Scottsdale, AZ
As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 25,500, which has increased by 1.5% over the past 5 years. Scottsdale, AZ is a less popular place for families, as children make up 14.7% of the population. The area has a highly educated workforce, with 63.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,500 | 1.5% |
% Under 18 | 14.7% | 8.1% |
% Seniors | 34.3% | 6.2% |
% WFH | 33.3% | 112.1% |
% w/ College Degree | 63.4% | 2.4% |
As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is hispanic, making up 6.2% of the population. Foreign-born residents account for 12.9% of the population in Scottsdale, AZ, and this percentage has decreased by 6.5% 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 | 84.6% | -0.5% |
% Black | 2.7% | 107.7% |
% Hispanic | 6.2% | 3.3% |
% Asian | 3.7% | -26.0% |
% Foreign Born | 12.9% | -6.5% |
Mortgage and Risk — Scottsdale, AZ
According to HUD data as of 2023, there were 404 mortgage originations in Scottsdale, AZ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Scottsdale, AZ. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 404 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Scottsdale, AZ
As of 2024, the percent of homes in Scottsdale, AZ under the Section 8 program is 0.1%. 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 | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $2,000 | $2,260 |
| 2 Bedroom | -$880 | $3,500 | $2,620 |
| 3 Bedroom | -$1,370 | $4,900 | $3,530 |
| 4 Bedroom | -$1,560 | $5,500 | $3,940 |
Affordability — Scottsdale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $835,000 |
| Median Household Income | $105,000 |