Chandler, AZ—85225
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chandler, AZ
As of Oct '25, the median home price in Chandler, AZ is $445,000, with a year-over-year change of -4.2%. This indicates that home prices in Chandler, AZ are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $445,000 | -4.2% |
| Single Family | $453,000 | -4.4% |
| Condos | $290,000 | -1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $302,000 | -4.7% |
3 Bed | $448,000 | -4.3% |
4 Bed | $539,000 | -3.9% |
| 5 Bed | $676,000 | -3.3% |
% of Housing Stock
Rental Trends — Chandler, AZ
As of July '25, Rentcast reports the average rent in Chandler, AZ is $2,180, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Chandler, AZ is studios: $1,280, 1-bedrooms: $1,460, 2-bedrooms: $1,870, 3-bedrooms: $2,380, 4-bedrooms: $2,820. The most common rental property sizes in Chandler, AZ are 2-bedroom and 3-bedroom, accounting for 37.4% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,180 |
| Studio Rent | $1,090 | $1,280 |
| 1 Bed Rent | $1,400 | $1,460 |
| 2 Bed Rent | $1,780 | $1,870 |
| 3 Bed Rent | $2,300 | $2,380 |
| 4 Bed Rent | $2,700 | $2,820 |
% of Rental Stock
Property Listings — Chandler, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Chandler, AZ is 58. This is a increase of 45.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $471,000 | -4.0% |
Listing Count | 192 | 43.0% |
| Listings as % of Homes | 0.4% | 43.0% |
Days on Market | 58 | 45.0% |
Demographics — Chandler, AZ
As of the latest ACS Survey released in 2023, Chandler, AZ has a population of 73,300, which has increased by 4.6% over the past 5 years. Chandler, AZ is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 73,300 | 4.6% |
% Under 18 | 22.9% | -6.5% |
% Seniors | 11.1% | 18.1% |
% WFH | 18.4% | 283.3% |
% w/ College Degree | 32.9% | 6.8% |
As of the latest ACS Survey released in 2023, Chandler, AZ is a predominantly white area, with 47.8% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Chandler, AZ is hispanic, making up 33.6% of the population. Foreign-born residents account for 15.7% of the population in Chandler, AZ, and this percentage has decreased by 12.3% 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 | 47.8% | -3.4% |
% Black | 6.8% | -2.9% |
% Hispanic | 33.6% | 2.4% |
% Asian | 6.1% | -3.2% |
% Foreign Born | 15.7% | -12.3% |
Mortgage and Risk — Chandler, AZ
According to HUD data as of 2023, there were 968 mortgage originations in Chandler, AZ, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Chandler, AZ. Investor activity is low, as 3.0% 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 | 968 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Chandler, AZ
As of 2024, the percent of homes in Chandler, AZ under the Section 8 program is 4.0%. 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 Chandler, 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 | 664 |
Total Units Section 8 | 398 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 96.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,400 | $1,720 |
| 2 Bedroom | $220 | $1,780 | $2,000 |
| 3 Bedroom | $390 | $2,300 | $2,690 |
| 4 Bedroom | $310 | $2,700 | $3,010 |
Affordability — Chandler, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $445,000 |
| Median Household Income | $86,000 |