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Scottsdale, AZ—85254

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$906,000
4.0% YoY Growth
Household Income
$121,000
32.0% YoY Growth
Days on Market
56
6.0% Longer YoY
Home Price Forecast
-1.0%
Median Rent
$3,900
10.5% YoY Growth
1-Bed Rent
$1,860
4.4% YoY Growth
2-Bed Rent
$2,300
6.2% YoY Growth
3-Bed Rent
$3,800
1.6% YoY Growth

Other Zip Codes in Scottsdale, AZ

852508526285257852588525585260852598525185266
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Scottsdale, AZ

As of May '26, the median home price in Scottsdale, AZ is $906,000, with a year-over-year change of 4.0%. This indicates that home prices in Scottsdale, AZ are increasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$906,0004.0%
Single Family $930,0004.4%
Condos $387,000-1.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • $294,000
    -1.7%
    2 Bed
    $431,000-0.5%
    3 Bed
    $768,0002.5%
    4 Bed
    $1,030,0003.9%
    5 Bed $1,353,4884.5%
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    9.4%
    2 Bedrooms
    20.5%
    3 Bedrooms
    27.6%
    4 Bedrooms
    34.8%
    5+ Bedrooms
    6.7%

    Rental Trends — Scottsdale, AZ

    As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $4,100, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is studios: $1,840, 1-bedrooms: $2,190, 2-bedrooms: $3,240, 3-bedrooms: $4,190, 4-bedrooms: $5,490. The most common rental property sizes in Scottsdale, AZ are 2-bedroom and 1-bedroom, accounting for 47.0% and 29.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,900$4,100
    Studio Rent $1,720$1,840
    1 Bed Rent $1,860$2,190
    2 Bed Rent $2,300$3,240
    3 Bed Rent $3,800$4,190
    4 Bed Rent $5,250$5,490
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    % of Rental Stock

    Studio
    3.2%
    1 Bedroom
    29.5%
    2 Bedrooms
    47.0%
    3 Bedrooms
    12.1%
    4 Bedrooms
    7.6%
    5+ Bedrooms
    0.6%

    Property Listings — Scottsdale, AZ

    As of May '26, Realtor.com reports that the median days on market for a home in Scottsdale, AZ is 56. This is a increase of 6.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $998,000-2.0%
    Listing Count
    39220.0%
    Listings as % of Homes1.3%20.0%
    Days on Market
    566.0%
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    Demographics — Scottsdale, AZ

    As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 46,700, which has remained stable by 0.7% over the past 5 years. Scottsdale, AZ is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 60.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    46,7000.7%
    % Under 18
    20.1%-8.2%
    % Seniors
    21.3%12.7%
    % WFH
    27.8%155.0%
    % w/ College Degree
    60.3%11.3%
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    As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 76.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is asian, making up 9.4% of the population. Foreign-born residents account for 14.5% of the population in Scottsdale, AZ, and this percentage has increased by 7.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    76.4%-3.7%
    % Black
    0.6%-53.8%
    % Hispanic
    8.6%30.3%
    % Asian
    9.4%-4.1%
    % Foreign Born
    14.5%7.4%
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    Mortgage and Risk — Scottsdale, AZ

    According to HUD data as of 2023, there were 1166 mortgage originations in Scottsdale, AZ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Scottsdale, AZ. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    1,166
    % Conventional Loans
    96.0%
    % Government Loans
    4.0%
    % Investor Loans
    3.0%
    % Second Loans
    5.0%
    % Cash Out Refinance
    10.0%
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    Rentals and Section 8 — Scottsdale, AZ

    As of 2024, the percent of homes in Scottsdale, AZ under the Section 8 program is 0.0%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Scottsdale, AZ, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    7
    Total Units Section 8
    2
    % Rentals under Section 8
    0.0%
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$320$1,860$2,180
    2 Bedroom$230$2,300$2,530
    3 Bedroom-$400$3,800$3,400
    4 Bedroom-$1,440$5,250$3,810

    Affordability — Scottsdale, AZ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.7
    Median Home Price$906,000
    Median Household Income$121,000

    Scottsdale, AZ — ZIP Code Boundary Map

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    Frequently Asked Questions