Scottsdale, AZ—85260
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 $706,000, with a year-over-year change of -2.5%. This indicates that home prices in Scottsdale, AZ are decreasing. 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 | $706,000 | -2.5% |
| Single Family | $856,000 | -1.9% |
| Condos | $368,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $254,000 | -7.0% |
2 Bed | $409,000 | -5.5% |
3 Bed | $698,000 | -2.5% |
4 Bed | $1,070,000 | -0.4% |
| 5 Bed | $1,877,000 | 3.0% |
% of Housing Stock
Rental Trends — Scottsdale, AZ
As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $3,690, with a year-over-year rent change of 24.7%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is studios: $1,550, 1-bedrooms: $1,790, 2-bedrooms: $3,170, 3-bedrooms: $4,060, 4-bedrooms: $5,440. The most common rental property sizes in Scottsdale, AZ are 2-bedroom and 1-bedroom, accounting for 49.4% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,690 |
| Studio Rent | $1,550 | $1,550 |
| 1 Bed Rent | $1,540 | $1,790 |
| 2 Bed Rent | $2,600 | $3,170 |
| 3 Bed Rent | $3,500 | $4,060 |
| 4 Bed Rent | $4,900 | $5,440 |
% 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 57. This is a increase of 14.0% 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 | $782,000 | -4.0% |
Listing Count | 213 | 25.0% |
| Listings as % of Homes | 0.8% | 25.0% |
Days on Market | 57 | 14.0% |
Demographics — Scottsdale, AZ
As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 39,800, which has increased by 2.3% over the past 5 years. Scottsdale, AZ is a moderately popular place for families, as children make up 17.4% of the population. The area has a highly educated workforce, with 58.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,800 | 2.3% |
% Under 18 | 17.4% | -8.4% |
% Seniors | 21.0% | -3.2% |
% WFH | 28.7% | 124.2% |
% w/ College Degree | 58.6% | -0.3% |
As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 76.6% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is hispanic, making up 9.1% of the population. Foreign-born residents account for 12.8% of the population in Scottsdale, AZ, and this percentage has decreased by 9.9% 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 | 76.6% | -7.4% |
% Black | 1.7% | -19.0% |
% Hispanic | 9.1% | 33.8% |
% Asian | 8.6% | 30.3% |
% Foreign Born | 12.8% | -9.9% |
Mortgage and Risk — Scottsdale, AZ
According to HUD data as of 2023, there were 125 mortgage originations in Scottsdale, AZ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Scottsdale, AZ. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 125 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Scottsdale, AZ
As of 2024, the percent of homes in Scottsdale, AZ under the Section 8 program is 0.3%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Scottsdale, AZ, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $770 | $1,540 | $2,310 |
| 2 Bedroom | $80 | $2,600 | $2,680 |
| 3 Bedroom | $110 | $3,500 | $3,610 |
| 4 Bedroom | -$870 | $4,900 | $4,030 |
Affordability — Scottsdale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $706,000 |
| Median Household Income | $104,000 |