El Mirage, AZ 85335 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

El Mirage, AZ—85335

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$343,000

2.4% YoY Growth

Household Income

$74,800

36.8% YoY Growth

Days on Market

27.0% Longer YoY

Home Price Forecast

-1.7%

Median Rent

$1,850

3.1% YoY Growth

1-Bed Rent

$1,420

43.8% YoY Growth

2-Bed Rent

$1,250

2.7% YoY Growth

3-Bed Rent

$1,800

9.1% YoY Growth

Home Price Trends — El Mirage, AZ

As of May '26, the median home price in El Mirage, AZ is $343,000, with a year-over-year change of -2.4%. This indicates that home prices in El Mirage, AZ are decreasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$343,000	-2.4%
Single Family	$343,000	-2.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — El Mirage, AZ

As of July '25, Rentcast reports the average rent in El Mirage, AZ is $1,990, with a year-over-year rent change of 3.1%. Per bedroom, the median rent as of July '25 in El Mirage, AZ is 1-bedrooms: $1,510, 2-bedrooms: $1,420, 3-bedrooms: $2,030, 4-bedrooms: $2,180. The most common rental property sizes in El Mirage, AZ are 3-bedroom and 4-bedroom, accounting for 57.0% and 24.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,850	$1,990
Studio Rent	N/A	N/A
1 Bed Rent	$1,420	$1,510
2 Bed Rent	$1,250	$1,420
3 Bed Rent	$1,800	$2,030
4 Bed Rent	$2,080	$2,180

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% of Rental Stock

Studio

4.1%

1 Bedroom

3.8%

2 Bedrooms

9.2%

3 Bedrooms

57.0%

4 Bedrooms

24.1%

5+ Bedrooms

1.9%

Property Listings — El Mirage, AZ

As of May '26, Realtor.com reports that the median days on market for a home in El Mirage, AZ is 54. This is a increase of 27.0% 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	$365,000	-2.0%
Listing Count	91	1.0%
Listings as % of Homes	0.6%	1.0%
Days on Market	54	27.0%

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Demographics — El Mirage, AZ

As of the latest ACS Survey released in 2023, El Mirage, AZ has a population of 35,800, which has increased by 2.3% over the past 5 years. El Mirage, AZ is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	35,800	2.3%
% Under 18	27.9%	-12.8%
% Seniors	10.1%	26.2%
% WFH	13.4%	306.1%
% w/ College Degree	14.9%	-2.6%

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As of the latest ACS Survey released in 2023, El Mirage, AZ is a predominantly hispanic area, with 49.9% of the population identifying as hispanic. The hispanic population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in El Mirage, AZ is white, making up 34.9% of the population. Foreign-born residents account for 14.9% of the population in El Mirage, AZ, and this percentage has increased by 12.9% 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	34.9%	-12.5%
% Black	7.0%	-24.7%
% Hispanic	49.9%	7.5%
% Asian	0.9%	-52.6%
% Foreign Born	14.9%	12.9%

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Mortgage and Risk — El Mirage, AZ

According to HUD data as of 2023, there were 311 mortgage originations in El Mirage, AZ, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in El Mirage, AZ. Investor activity is low, as 9.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	311
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	9.0%
% Second Loans	1.0%
% Cash Out Refinance	21.0%

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Rentals and Section 8 — El Mirage, AZ

As of 2024, the percent of homes in El Mirage, 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 El Mirage, 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	171
Total Units Section 8	131
% Rentals under Section 8	4.8%
% Occupied Section 8	81.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$1,420	$1,620
2 Bedroom	$630	$1,250	$1,880
3 Bedroom	$730	$1,800	$2,530
4 Bedroom	$750	$2,080	$2,830

El Mirage, AZ—85335

Key Metrics at a Glance

Home Price Trends — El Mirage, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — El Mirage, AZ

% of Rental Stock

Property Listings — El Mirage, AZ

Demographics — El Mirage, AZ

Race and Ethnicity

Mortgage and Risk — El Mirage, AZ

Mortgages

Rentals and Section 8 — El Mirage, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — El Mirage, AZ

Home Price to Income Ratio

El Mirage, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Youngtown, AZ

Surprise, AZ

Sun City, AZ

Surprise, AZ

Glendale, AZ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$343,000
Median Household Income	$74,800

El Mirage, AZ—85335

Key Metrics at a Glance

Home Price Trends — El Mirage, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — El Mirage, AZ

% of Rental Stock

Property Listings — El Mirage, AZ

Demographics — El Mirage, AZ

Race and Ethnicity

Mortgage and Risk — El Mirage, AZ

Mortgages

Rentals and Section 8 — El Mirage, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — El Mirage, AZ

Home Price to Income Ratio

El Mirage, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Youngtown, AZ

Surprise, AZ

Sun City, AZ

Surprise, AZ

Glendale, AZ

Frequently Asked Questions

What is the average home price in El Mirage, AZ 85335?

How have home prices in El Mirage, AZ 85335 changed over the past year?

What is the home price projection for El Mirage, AZ 85335?

What are the demographics of El Mirage, AZ 85335?

How long does it take homes to sell in El Mirage, AZ 85335?

What is the average rent price in El Mirage, AZ 85335?