Scottsdale, AZ—85262
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 $1,502,000, with a year-over-year change of 1.6%. This indicates that home prices in Scottsdale, AZ are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,502,000 | 1.6% |
| Single Family | $1,529,000 | 1.7% |
| Condos | $854,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $765,000 | -0.5% |
3 Bed | $1,262,000 | 1.5% |
4 Bed | $1,795,000 | 1.9% |
| 5 Bed | $2,341,000 | 2.7% |
% of Housing Stock
Rental Trends — Scottsdale, AZ
As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $5,940, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is 2-bedrooms: $5,590, 3-bedrooms: $5,990, 4-bedrooms: $6,190. The most common rental property sizes in Scottsdale, AZ are 3-bedroom and 2-bedroom, accounting for 62.4% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,800 | $5,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $5,500 | $5,590 |
| 3 Bed Rent | $5,500 | $5,990 |
| 4 Bed Rent | $5,950 | $6,190 |
% 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 73. This is a increase of 2.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,310,000 | 13.0% |
Listing Count | 331 | 1.0% |
| Listings as % of Homes | 3.8% | 1.0% |
Days on Market | 73 | 2.0% |
Demographics — Scottsdale, AZ
As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 13,900, which has increased by 20.6% over the past 5 years. Scottsdale, AZ is a less popular place for families, as children make up 8.3% of the population. The area has a highly educated workforce, with 60.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | 20.6% |
% Under 18 | 8.3% | -15.3% |
% Seniors | 39.6% | 6.7% |
% WFH | 33.8% | 95.4% |
% w/ College Degree | 60.3% | -4.6% |
As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 88.9% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is hispanic, making up 6.0% of the population. Foreign-born residents account for 9.1% of the population in Scottsdale, AZ, and this percentage has decreased by 10.8% 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 | 88.9% | 1.0% |
% Black | 1.0% | -71.4% |
% Hispanic | 6.0% | 122.2% |
% Asian | 0.8% | -80.5% |
% Foreign Born | 9.1% | -10.8% |
Mortgage and Risk — Scottsdale, AZ
According to HUD data as of 2023, there were 364 mortgage originations in Scottsdale, AZ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Scottsdale, AZ. Investor activity is low, as 1.0% 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 | 364 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Scottsdale, AZ
Scottsdale, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,520 |
| 2 Bedroom | -$2,570 | $5,500 | $2,930 |
| 3 Bedroom | -$1,560 | $5,500 | $3,940 |
| 4 Bedroom | -$1,540 | $5,950 | $4,410 |
Affordability — Scottsdale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $1,502,000 |
| Median Household Income | $174,000 |