Casa Grande, AZ—85193
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Casa Grande, AZ
As of Oct '25, the median home price in Casa Grande, AZ is $345,000, with a year-over-year change of -0.4%. This indicates that home prices in Casa Grande, AZ are flat. 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 | $345,000 | -0.4% |
| Single Family | $346,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $300,000 | -0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Casa Grande, AZ
As of July '25, Rentcast reports the average rent in Casa Grande, AZ is $1,770, with a year-over-year rent change of 1.7%. Per bedroom, the median rent as of July '25 in Casa Grande, AZ is 1-bedrooms: $1,500, 2-bedrooms: $1,500, 3-bedrooms: $1,980. The most common rental property sizes in Casa Grande, AZ are 3-bedroom and 4-bedroom, accounting for 44.6% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,770 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,850 | $1,980 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Casa Grande, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Casa Grande, AZ is 106. This is a increase of 53.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $565,000 | 41.0% |
Listing Count | 13 | 132.0% |
| Listings as % of Homes | 0.4% | 132.0% |
Days on Market | 106 | 53.0% |
Demographics — Casa Grande, AZ
As of the latest ACS Survey released in 2023, Casa Grande, AZ has a population of 4,900, which has decreased by -3.5% over the past 5 years. Casa Grande, AZ is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 5.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,900 | -3.5% |
% Under 18 | 22.7% | -2.2% |
% Seniors | 15.4% | 0.7% |
% WFH | 2.9% | -40.8% |
% w/ College Degree | 5.9% | 59.5% |
As of the latest ACS Survey released in 2023, Casa Grande, AZ is a predominantly hispanic area, with 52.2% of the population identifying as hispanic. The hispanic population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Casa Grande, AZ is white, making up 35.2% of the population. Foreign-born residents account for 18.6% of the population in Casa Grande, AZ, and this percentage has decreased by 35.0% 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 | 35.2% | 13.5% |
% Black | 1.1% | 22.2% |
% Hispanic | 52.2% | 2.2% |
% Asian | 0.6% | -62.5% |
% Foreign Born | 18.6% | -35.0% |
Mortgage and Risk — Casa Grande, AZ
According to HUD data as of 2023, there were 84 mortgage originations in Casa Grande, AZ, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Casa Grande, AZ. Investor activity is low, as 2.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 84 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Casa Grande, AZ
Casa Grande, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | -$60 | $1,500 | $1,440 |
| 2 Bedroom | $190 | $1,500 | $1,690 |
| 3 Bedroom | $440 | $1,850 | $2,290 |
| 4 Bedroom | N/A | N/A | $2,610 |
Affordability — Casa Grande, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $345,000 |
| Median Household Income | $61,900 |