Chandler, AZ—85286
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chandler, AZ
As of Oct '25, the median home price in Chandler, AZ is $610,000, with a year-over-year change of -3.2%. This indicates that home prices in Chandler, AZ are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $610,000 | -3.2% |
| Single Family | $612,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $378,000 | -3.6% |
3 Bed | $513,000 | -3.6% |
4 Bed | $649,000 | -3.0% |
| 5 Bed | $805,000 | -2.1% |
% of Housing Stock
Rental Trends — Chandler, AZ
As of July '25, Rentcast reports the average rent in Chandler, AZ is $2,760, with a year-over-year rent change of 12.2%. Per bedroom, the median rent as of July '25 in Chandler, AZ is 1-bedrooms: $1,470, 2-bedrooms: $2,040, 3-bedrooms: $2,470, 4-bedrooms: $2,990. The most common rental property sizes in Chandler, AZ are 2-bedroom and 3-bedroom, accounting for 39.2% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,470 |
| 2 Bed Rent | $1,950 | $2,040 |
| 3 Bed Rent | $2,400 | $2,470 |
| 4 Bed Rent | $2,900 | $2,990 |
% of Rental Stock
Property Listings — Chandler, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Chandler, AZ is 57. This is a increase of 22.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $610,000 | -9.0% |
Listing Count | 163 | 32.0% |
| Listings as % of Homes | 0.7% | 32.0% |
Days on Market | 57 | 22.0% |
Demographics — Chandler, AZ
As of the latest ACS Survey released in 2023, Chandler, AZ has a population of 49,900, which has increased by 16.0% over the past 5 years. Chandler, AZ is a popular place for families, as children make up 25.4% of the population. The area has a highly educated workforce, with 54.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,900 | 16.0% |
% Under 18 | 25.4% | -14.8% |
% Seniors | 11.1% | 37.0% |
% WFH | 25.7% | 179.3% |
% w/ College Degree | 54.7% | 1.1% |
As of the latest ACS Survey released in 2023, Chandler, AZ is a predominantly white area, with 52.7% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Chandler, AZ is hispanic, making up 18.8% of the population. Foreign-born residents account for 19.1% of the population in Chandler, AZ, and this percentage has increased by 10.4% 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 | 52.7% | -10.4% |
% Black | 5.5% | 3.8% |
% Hispanic | 18.8% | 5.0% |
% Asian | 16.2% | 0.6% |
% Foreign Born | 19.1% | 10.4% |
Mortgage and Risk — Chandler, AZ
According to HUD data as of 2023, there were 760 mortgage originations in Chandler, AZ, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Chandler, AZ. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 760 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Chandler, AZ
As of 2024, the percent of homes in Chandler, AZ under the Section 8 program is 0.6%. 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. In Chandler, AZ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $800 | $1,500 | $2,300 |
| 2 Bedroom | $720 | $1,950 | $2,670 |
| 3 Bedroom | $1,190 | $2,400 | $3,590 |
| 4 Bedroom | $1,120 | $2,900 | $4,020 |
Affordability — Chandler, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $610,000 |
| Median Household Income | $119,000 |