Glendale, AZ—85306
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 $399,000, with a year-over-year change of -5.1%. 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 | $399,000 | -5.1% |
| Single Family | $403,000 | -5.2% |
| Condos | $239,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $270,000 | -7.2% |
3 Bed | $390,000 | -4.6% |
4 Bed | $454,000 | -4.8% |
| 5 Bed | $608,000 | -2.6% |
% of Housing Stock
Rental Trends — Glendale, AZ
As of July '25, Rentcast reports the average rent in Glendale, AZ is $2,050, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Glendale, AZ is 1-bedrooms: $1,180, 2-bedrooms: $1,730, 3-bedrooms: $2,110, 4-bedrooms: $2,370. The most common rental property sizes in Glendale, AZ are 2-bedroom and 3-bedroom, accounting for 31.7% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,180 | $1,180 |
| 2 Bed Rent | $1,600 | $1,730 |
| 3 Bed Rent | $1,950 | $2,110 |
| 4 Bed Rent | $2,300 | $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 46. This is a increase of 31.0% 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 49.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $393,000 | -10.0% |
Listing Count | 65 | 29.0% |
| Listings as % of Homes | 0.7% | 29.0% |
Days on Market | 46 | 31.0% |
Demographics — Glendale, AZ
As of the latest ACS Survey released in 2023, Glendale, AZ has a population of 24,700, which has decreased by -2.0% over the past 5 years. Glendale, AZ is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,700 | -2.0% |
% Under 18 | 19.8% | -3.4% |
% Seniors | 16.5% | 13.8% |
% WFH | 14.9% | 175.9% |
% w/ College Degree | 24.4% | 11.4% |
As of the latest ACS Survey released in 2023, Glendale, AZ is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Glendale, AZ is hispanic, making up 21.2% of the population. Foreign-born residents account for 9.6% of the population in Glendale, AZ, and this percentage has increased by 35.2% 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 | 68.1% | -6.1% |
% Black | 2.7% | -12.9% |
% Hispanic | 21.2% | 18.4% |
% Asian | 2.6% | 23.8% |
% Foreign Born | 9.6% | 35.2% |
Mortgage and Risk — Glendale, AZ
According to HUD data as of 2023, there were 396 mortgage originations in Glendale, AZ, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Glendale, AZ. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 396 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Glendale, AZ
As of 2024, the percent of homes in Glendale, AZ under the Section 8 program is 4.8%. 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 | 166 |
Total Units Section 8 | 147 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $1,180 | $1,650 |
| 2 Bedroom | $320 | $1,600 | $1,920 |
| 3 Bedroom | $630 | $1,950 | $2,580 |
| 4 Bedroom | $590 | $2,300 | $2,890 |
Affordability — Glendale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $399,000 |
| Median Household Income | $82,100 |