Fountain Hills, AZ85268

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$661,000
0.2% YoY Growth
Median Household Income
$105,000
29.1% 5-Year Growth
Days on Market
54
14.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
$2,600
0.3% YoY Growth
1-Bed Rent
$2,200
4.3% YoY Growth
2-Bed Rent
$2,200
4.2% YoY Growth
3-Bed Rent
$3,100
0.8% YoY Growth

Property Listings — Fountain Hills, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Fountain Hills, AZ is 54. 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$756,000-13.0%
Listing Count
30737.0%
Listings as % of Homes1.6%37.0%
Days on Market
5414.0%
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Demographics — Fountain Hills, AZ

As of the latest ACS Survey released in 2023, Fountain Hills, AZ has a population of 23,900, which has decreased by -3.7% over the past 5 years. Fountain Hills, AZ is a less popular place for families, as children make up 12.0% of the population. The area has a highly educated workforce, with 49.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
23,900-3.7%
% Under 18
12.0%-1.6%
% Seniors
39.6%8.5%
% WFH
28.0%120.5%
% w/ College Degree
49.5%-0.8%
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As of the latest ACS Survey released in 2023, Fountain Hills, AZ is a predominantly white area, with 88.1% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Fountain Hills, AZ is hispanic, making up 3.7% of the population. Foreign-born residents account for 7.5% of the population in Fountain Hills, AZ, and this percentage has decreased by 14.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
88.1%-4.2%
% Black
2.6%1,200.0%
% Hispanic
3.7%-17.8%
% Asian
1.9%-26.9%
% Foreign Born
7.5%-14.8%
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Mortgage and Risk — Fountain Hills, AZ

According to HUD data as of 2023, there were 284 mortgage originations in Fountain Hills, AZ, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Fountain Hills, AZ. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
284
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
2.0%
% Second Loans
10.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Fountain Hills, AZ

As of 2024, the percent of homes in Fountain Hills, 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fountain Hills, AZ, because HUD payments exceed market rent, while 1-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 SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$250$2,200$1,950
2 Bedroom$70$2,200$2,270
3 Bedroom-$50$3,100$3,050
4 Bedroom-$380$3,800$3,420

Affordability — Fountain Hills, AZ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.1
Median Home Price$661,000
Median Household Income$105,000

Fountain Hills, AZ — ZIP Code Boundary Map

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Frequently Asked Questions