Glendale, AZ—85303
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 $372,000, with a year-over-year change of -3.8%. This indicates that home prices in Glendale, 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 | $372,000 | -3.8% |
| Single Family | $373,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $296,000 | -4.2% |
3 Bed | $363,000 | -3.7% |
4 Bed | $406,000 | -3.6% |
| 5 Bed | $490,000 | -2.8% |
% of Housing Stock
Rental Trends — Glendale, AZ
As of July '25, Rentcast reports the average rent in Glendale, AZ is $1,920, with a year-over-year rent change of -9.9%. Per bedroom, the median rent as of July '25 in Glendale, AZ is studios: $1,000, 1-bedrooms: $1,030, 2-bedrooms: $1,160, 3-bedrooms: $2,030, 4-bedrooms: $2,190. The most common rental property sizes in Glendale, AZ are 3-bedroom and 2-bedroom, accounting for 42.8% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,920 |
| Studio Rent | $900 | $1,000 |
| 1 Bed Rent | $899 | $1,030 |
| 2 Bed Rent | $1,100 | $1,160 |
| 3 Bed Rent | $1,950 | $2,030 |
| 4 Bed Rent | $2,240 | $2,190 |
% 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 59. This is a increase of 16.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $417,000 | -4.0% |
Listing Count | 77 | -17.0% |
| Listings as % of Homes | 0.4% | -17.0% |
Days on Market | 59 | 16.0% |
Demographics — Glendale, AZ
As of the latest ACS Survey released in 2023, Glendale, AZ has a population of 34,800, which has increased by 4.2% over the past 5 years. Glendale, AZ is a popular place for families, as children make up 30.4% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,800 | 4.2% |
% Under 18 | 30.4% | 1.7% |
% Seniors | 7.6% | -3.8% |
% WFH | 13.2% | 407.7% |
% w/ College Degree | 13.6% | 0.7% |
As of the latest ACS Survey released in 2023, Glendale, AZ is a predominantly hispanic area, with 58.9% of the population identifying as hispanic. The hispanic population has grown by 10.9% in the last 5 years. The second most common race or ethnicity in Glendale, AZ is white, making up 22.7% of the population. Foreign-born residents account for 19.7% of the population in Glendale, AZ, and this percentage has decreased by 12.1% 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 | 22.7% | -15.6% |
% Black | 9.1% | -3.2% |
% Hispanic | 58.9% | 10.9% |
% Asian | 5.0% | -21.9% |
% Foreign Born | 19.7% | -12.1% |
Mortgage and Risk — Glendale, AZ
According to HUD data as of 2023, there were 379 mortgage originations in Glendale, AZ, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Glendale, AZ. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 379 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Glendale, AZ
As of 2024, the percent of homes in Glendale, AZ under the Section 8 program is 5.1%. 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. 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 | 191 |
Total Units Section 8 | 191 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $741 | $899 | $1,640 |
| 2 Bedroom | $800 | $1,100 | $1,900 |
| 3 Bedroom | $610 | $1,950 | $2,560 |
| 4 Bedroom | $620 | $2,240 | $2,860 |
Affordability — Glendale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $372,000 |
| Median Household Income | $75,100 |