Glendale, AZ—85301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glendale, AZ
As of Oct '25, the median home price in Glendale, AZ is $309,000, with a year-over-year change of -4.5%. This indicates that home prices in Glendale, 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 | $309,000 | -4.5% |
| Single Family | $320,000 | -4.5% |
| Condos | $183,000 | -3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $161,000 | -10.6% |
2 Bed | $221,000 | -5.6% |
3 Bed | $321,000 | -4.2% |
4 Bed | $368,000 | -4.2% |
| 5 Bed | $402,000 | -3.8% |
% of Housing Stock
Rental Trends — Glendale, AZ
As of July '25, Rentcast reports the average rent in Glendale, AZ is $1,440, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Glendale, AZ is studios: $869, 1-bedrooms: $977, 2-bedrooms: $1,440, 3-bedrooms: $1,820, 4-bedrooms: $2,370. The most common rental property sizes in Glendale, AZ are 2-bedroom and 1-bedroom, accounting for 39.2% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,440 |
| Studio Rent | $805 | $869 |
| 1 Bed Rent | $995 | $977 |
| 2 Bed Rent | $1,400 | $1,440 |
| 3 Bed Rent | $1,800 | $1,820 |
| 4 Bed Rent | $2,060 | $2,370 |
% of Rental Stock
Property Listings — Glendale, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Glendale, AZ is 62. 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | -4.0% |
Listing Count | 127 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 62 | 11.0% |
Demographics — Glendale, AZ
As of the latest ACS Survey released in 2023, Glendale, AZ has a population of 67,000, which has decreased by -1.9% over the past 5 years. Glendale, AZ is a popular place for families, as children make up 31.4% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 67,000 | -1.9% |
% Under 18 | 31.4% | -2.2% |
% Seniors | 9.4% | 11.9% |
% WFH | 6.5% | 124.1% |
% w/ College Degree | 11.0% | 31.0% |
As of the latest ACS Survey released in 2023, Glendale, AZ is a predominantly hispanic area, with 63.4% of the population identifying as hispanic. The hispanic population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Glendale, AZ is white, making up 22.4% of the population. Foreign-born residents account for 25.7% of the population in Glendale, AZ, and this percentage has decreased by 5.5% 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 | 22.4% | -7.1% |
% Black | 8.9% | -9.2% |
% Hispanic | 63.4% | 3.3% |
% Asian | 1.6% | -15.8% |
% Foreign Born | 25.7% | -5.5% |
Mortgage and Risk — Glendale, AZ
According to HUD data as of 2023, there were 472 mortgage originations in Glendale, AZ, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Glendale, 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 | 472 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Glendale, AZ
As of 2024, the percent of homes in Glendale, AZ under the Section 8 program is 6.4%. 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 Glendale, 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 | 1,287 |
Total Units Section 8 | 877 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 94.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $445 | $995 | $1,440 |
| 2 Bedroom | $290 | $1,400 | $1,690 |
| 3 Bedroom | $490 | $1,800 | $2,290 |
| 4 Bedroom | $550 | $2,060 | $2,610 |
Affordability — Glendale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $309,000 |
| Median Household Income | $47,400 |