Scottsdale, AZ—85259
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 $1,101,000, with a year-over-year change of 0.1%. This indicates that home prices in Scottsdale, AZ are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,101,000 | 0.1% |
| Single Family | $1,164,000 | 0.3% |
| Condos | $467,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $514,000 | -4.3% |
3 Bed | $839,000 | -1.3% |
4 Bed | $1,321,000 | 0.8% |
| 5 Bed | $1,951,000 | 1.3% |
% of Housing Stock
Rental Trends — Scottsdale, AZ
As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $4,010, with a year-over-year rent change of 17.9%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is 1-bedrooms: $1,370, 2-bedrooms: $2,760, 3-bedrooms: $3,830, 4-bedrooms: $4,860. The most common rental property sizes in Scottsdale, AZ are 2-bedroom and 1-bedroom, accounting for 41.8% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,650 | $4,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,370 |
| 2 Bed Rent | $2,300 | $2,760 |
| 3 Bed Rent | $3,510 | $3,830 |
| 4 Bed Rent | $3,900 | $4,860 |
% 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 59. This is a increase of 11.0% 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 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 | $1,460,000 | 3.0% |
Listing Count | 150 | 12.0% |
| Listings as % of Homes | 1.2% | 12.0% |
Days on Market | 59 | 11.0% |
Demographics — Scottsdale, AZ
As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 22,200, which has decreased by -4.2% over the past 5 years. Scottsdale, AZ is a moderately popular place for families, as children make up 16.7% of the population. The area has a highly educated workforce, with 68.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,200 | -4.2% |
% Under 18 | 16.7% | -13.5% |
% Seniors | 26.8% | 35.4% |
% WFH | 32.6% | 156.7% |
% w/ College Degree | 68.6% | 11.0% |
As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 72.6% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is asian, making up 10.9% of the population. Foreign-born residents account for 16.7% of the population in Scottsdale, AZ, and this percentage has increased by 12.1% 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 | 72.6% | -9.9% |
% Black | 2.1% | 16.7% |
% Hispanic | 7.6% | 7.0% |
% Asian | 10.9% | 31.3% |
% Foreign Born | 16.7% | 12.1% |
Mortgage and Risk — Scottsdale, AZ
According to HUD data as of 2023, there were 99 mortgage originations in Scottsdale, AZ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Scottsdale, AZ. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Scottsdale, AZ
As of 2024, the percent of homes in Scottsdale, AZ under the Section 8 program is 2.8%. 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 | 83 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,400 | $1,860 |
| 2 Bedroom | -$140 | $2,300 | $2,160 |
| 3 Bedroom | -$600 | $3,510 | $2,910 |
| 4 Bedroom | -$650 | $3,900 | $3,250 |
Affordability — Scottsdale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $1,101,000 |
| Median Household Income | $146,000 |