Glendale, AZ—85305
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 $458,000, with a year-over-year change of -3.2%. This indicates that home prices in Glendale, AZ are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $458,000 | -3.2% |
| Single Family | $460,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $319,000 | -7.3% |
3 Bed | $421,000 | -3.7% |
4 Bed | $496,000 | -3.3% |
| 5 Bed | $610,000 | -2.7% |
% of Housing Stock
Rental Trends — Glendale, AZ
As of July '25, Rentcast reports the average rent in Glendale, AZ is $2,470, with a year-over-year rent change of -10.8%. Per bedroom, the median rent as of July '25 in Glendale, AZ is 1-bedrooms: $1,410, 2-bedrooms: $1,890, 3-bedrooms: $2,380, 4-bedrooms: $3,050. The most common rental property sizes in Glendale, AZ are 2-bedroom and 1-bedroom, accounting for 43.7% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,410 |
| 2 Bed Rent | $1,800 | $1,890 |
| 3 Bed Rent | $2,300 | $2,380 |
| 4 Bed Rent | $2,550 | $3,050 |
% 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 71. This is a increase of 37.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $556,000 | 10.0% |
Listing Count | 51 | 1.0% |
| Listings as % of Homes | 0.8% | 1.0% |
Days on Market | 71 | 37.0% |
Demographics — Glendale, AZ
As of the latest ACS Survey released in 2023, Glendale, AZ has a population of 16,500, which has increased by 29.1% over the past 5 years. Glendale, AZ is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,500 | 29.1% |
% Under 18 | 23.1% | 3.6% |
% Seniors | 9.3% | 25.7% |
% WFH | 12.3% | 232.4% |
% w/ College Degree | 25.7% | -7.9% |
As of the latest ACS Survey released in 2023, Glendale, AZ is a predominantly hispanic area, with 46.9% of the population identifying as hispanic. The hispanic population has grown by 46.6% in the last 5 years. The second most common race or ethnicity in Glendale, AZ is white, making up 31.3% of the population. Foreign-born residents account for 18.7% of the population in Glendale, AZ, and this percentage has increased by 28.1% 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 | 31.3% | -33.4% |
% Black | 10.0% | 14.9% |
% Hispanic | 46.9% | 46.6% |
% Asian | 6.7% | -15.2% |
% Foreign Born | 18.7% | 28.1% |
Mortgage and Risk — Glendale, AZ
According to HUD data as of 2023, there were 486 mortgage originations in Glendale, AZ, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Glendale, AZ. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 486 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Glendale, AZ
As of 2024, the percent of homes in Glendale, AZ under the Section 8 program is 1.1%. 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 | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,400 | $1,930 |
| 2 Bedroom | $440 | $1,800 | $2,240 |
| 3 Bedroom | $710 | $2,300 | $3,010 |
| 4 Bedroom | $820 | $2,550 | $3,370 |
Affordability — Glendale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $458,000 |
| Median Household Income | $99,600 |