Anthem, AZ—85086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Anthem, AZ
As of Nov '25, the median home price in Anthem, AZ is $615,000, with a year-over-year change of -2.8%. This indicates that home prices in Anthem, AZ are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $615,000 | -2.8% |
| Single Family | $618,000 | -2.7% |
| Condos | $330,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $449,000 | -4.9% |
3 Bed | $526,000 | -3.8% |
4 Bed | $676,000 | -2.0% |
| 5 Bed | $767,637 | -2.1% |
% of Housing Stock
Rental Trends — Anthem, AZ
As of July '25, Rentcast reports the average rent in Anthem, AZ is $3,090, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Anthem, AZ is 1-bedrooms: $1,420, 2-bedrooms: $2,970, 3-bedrooms: $2,920, 4-bedrooms: $3,370. The most common rental property sizes in Anthem, AZ are 4-bedroom and 3-bedroom, accounting for 38.5% and 21.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $3,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,420 | $1,420 |
| 2 Bed Rent | $2,700 | $2,970 |
| 3 Bed Rent | $2,400 | $2,920 |
| 4 Bed Rent | $2,780 | $3,370 |
% of Rental Stock
Property Listings — Anthem, AZ
As of Nov '25, Realtor.com reports that the median days on market for a home in Anthem, AZ is 66. This is a increase of 20.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $735,000 | -3.0% |
Listing Count | 305 | 6.0% |
| Listings as % of Homes | 1.0% | 6.0% |
Days on Market | 66 | 20.0% |
Demographics — Anthem, AZ
As of the latest ACS Survey released in 2023, Anthem, AZ has a population of 43,400, which has increased by 2.6% over the past 5 years. Anthem, AZ is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 42.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,400 | 2.6% |
% Under 18 | 23.3% | -1.3% |
% Seniors | 18.0% | 7.8% |
% WFH | 27.8% | 126.0% |
% w/ College Degree | 42.2% | 1.9% |
As of the latest ACS Survey released in 2023, Anthem, AZ is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Anthem, AZ is hispanic, making up 10.5% of the population. Foreign-born residents account for 5.8% of the population in Anthem, AZ, and this percentage has decreased by 1.7% 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 | 81.4% | -2.0% |
% Black | 1.9% | 26.7% |
% Hispanic | 10.5% | -0.9% |
% Asian | 2.5% | 13.6% |
% Foreign Born | 5.8% | -1.7% |
Mortgage and Risk — Anthem, AZ
According to HUD data as of 2023, there were 1015 mortgage originations in Anthem, AZ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Anthem, AZ. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,015 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Anthem, AZ
As of 2024, the percent of homes in Anthem, AZ under the Section 8 program is 1.9%. 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 Anthem, 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 | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $960 | $1,420 | $2,380 |
| 2 Bedroom | $70 | $2,700 | $2,770 |
| 3 Bedroom | $1,330 | $2,400 | $3,730 |
| 4 Bedroom | $1,390 | $2,780 | $4,170 |
Affordability — Anthem, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $615,000 |
| Median Household Income | $119,000 |