Pinetop, AZ—85929
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Pinetop, AZ
Home Price Trends — Pinetop, AZ
As of Oct '25, the median home price in Pinetop, AZ is $410,000, with a year-over-year change of 0.8%. This indicates that home prices in Pinetop, AZ are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $410,000 | 0.8% |
| Single Family | $411,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $327,000 | 0.3% |
3 Bed | $438,000 | 1.4% |
4 Bed | $547,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pinetop, AZ
As of July '25, Rentcast reports the average rent in Pinetop, AZ is $1,930, with a year-over-year rent change of -22.2%. Per bedroom, the median rent as of July '25 in Pinetop, AZ is 1-bedrooms: $1,180, 2-bedrooms: $1,920, 3-bedrooms: $2,310. The most common rental property sizes in Pinetop, AZ are 2-bedroom and 3-bedroom, accounting for 39.8% and 36.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,180 |
| 2 Bed Rent | $1,600 | $1,920 |
| 3 Bed Rent | $2,300 | $2,310 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pinetop, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Pinetop, AZ is 72. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $526,000 | -2.0% |
Listing Count | 129 | 34.0% |
| Listings as % of Homes | 0.7% | 34.0% |
Days on Market | 72 | -20.0% |
Demographics — Pinetop, AZ
As of the latest ACS Survey released in 2023, Pinetop, AZ has a population of 7,280, which has decreased by -1.7% over the past 5 years. Pinetop, AZ is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,280 | -1.7% |
% Under 18 | 17.0% | -14.6% |
% Seniors | 30.9% | 5.8% |
% WFH | 9.0% | 63.6% |
% w/ College Degree | 23.5% | 0.4% |
As of the latest ACS Survey released in 2023, Pinetop, AZ is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Pinetop, AZ is hispanic, making up 12.9% of the population. Foreign-born residents account for 5.0% of the population in Pinetop, AZ, and this percentage has increased by 31.6% 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 | 75.5% | -0.9% |
% Black | 0.9% | 350.0% |
% Hispanic | 12.9% | -25.4% |
% Asian | 1.1% | 120.0% |
% Foreign Born | 5.0% | 31.6% |
Mortgage and Risk — Pinetop, AZ
According to HUD data as of 2023, there were 160 mortgage originations in Pinetop, AZ, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Pinetop, AZ. Investor activity is low, as 3.0% 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 | 160 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 21.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Pinetop, AZ
Pinetop, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,200 | $1,230 |
| 2 Bedroom | $10 | $1,600 | $1,610 |
| 3 Bedroom | -$310 | $2,300 | $1,990 |
| 4 Bedroom | N/A | N/A | $2,130 |
Affordability — Pinetop, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $410,000 |
| Median Household Income | $56,800 |