Scottsdale, AZ—85266
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scottsdale, AZ
As of Oct '25, the median home price in Scottsdale, AZ is $1,264,000, with a year-over-year change of 0.5%. This indicates that home prices in Scottsdale, 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 | $1,264,000 | 0.5% |
| Single Family | $1,269,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $841,000 | -0.2% |
3 Bed | $1,182,000 | 0.5% |
4 Bed | $1,558,000 | 0.8% |
| 5 Bed | $1,869,000 | 1.1% |
% of Housing Stock
Rental Trends — Scottsdale, AZ
As of July '25, Rentcast reports the average rent in Scottsdale, AZ is $6,120, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Scottsdale, AZ is 1-bedrooms: $3,500, 2-bedrooms: $5,580, 3-bedrooms: $6,300, 4-bedrooms: $6,850. The most common rental property sizes in Scottsdale, AZ are 3-bedroom and 2-bedroom, accounting for 41.2% and 35.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,000 | $6,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,500 | $3,500 |
| 2 Bed Rent | $5,500 | $5,580 |
| 3 Bed Rent | $6,000 | $6,300 |
| 4 Bed Rent | $6,900 | $6,850 |
% of Rental Stock
Property Listings — Scottsdale, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Scottsdale, AZ is 57. This is a increase of 24.0% 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 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 | $1,800,000 | 8.0% |
Listing Count | 154 | 10.0% |
| Listings as % of Homes | 1.8% | 10.0% |
Days on Market | 57 | 24.0% |
Demographics — Scottsdale, AZ
As of the latest ACS Survey released in 2023, Scottsdale, AZ has a population of 12,500, which has decreased by -3.3% over the past 5 years. Scottsdale, AZ is a less popular place for families, as children make up 11.6% of the population. The area has a highly educated workforce, with 67.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,500 | -3.3% |
% Under 18 | 11.6% | -15.9% |
% Seniors | 44.5% | 22.3% |
% WFH | 31.3% | 39.1% |
% w/ College Degree | 67.3% | 6.5% |
As of the latest ACS Survey released in 2023, Scottsdale, AZ is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Scottsdale, AZ is asian, making up 6.3% of the population. Foreign-born residents account for 11.5% of the population in Scottsdale, AZ, and this percentage has decreased by 0.9% 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 | 85.9% | -5.1% |
% Black | 1.0% | 25.0% |
% Hispanic | 2.6% | -3.7% |
% Asian | 6.3% | 50.0% |
% Foreign Born | 11.5% | -0.9% |
Mortgage and Risk — Scottsdale, AZ
According to HUD data as of 2023, there were 65 mortgage originations in Scottsdale, AZ, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Scottsdale, AZ. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Scottsdale, AZ
Scottsdale, 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 | -$980 | $3,500 | $2,520 |
| 2 Bedroom | -$2,570 | $5,500 | $2,930 |
| 3 Bedroom | -$2,060 | $6,000 | $3,940 |
| 4 Bedroom | -$2,490 | $6,900 | $4,410 |
Affordability — Scottsdale, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $1,264,000 |
| Median Household Income | $157,000 |