Vail, AZ—85641
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vail, AZ
As of Nov '25, the median home price in Vail, AZ is $407,000, with a year-over-year change of -2.5%. This indicates that home prices in Vail, AZ are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $407,000 | -2.5% |
| Single Family | $407,000 | -2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $352,000 | -3.3% |
3 Bed | $371,000 | -2.9% |
4 Bed | $423,000 | -2.5% |
| 5 Bed | $463,386 | -2.8% |
% of Housing Stock
Rental Trends — Vail, AZ
As of July '25, Rentcast reports the average rent in Vail, AZ is $2,120, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Vail, AZ is 2-bedrooms: $1,650, 3-bedrooms: $1,940, 4-bedrooms: $2,200. The most common rental property sizes in Vail, AZ are 3-bedroom and 4-bedroom, accounting for 44.3% and 41.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,650 |
| 3 Bed Rent | $1,860 | $1,940 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Vail, AZ
As of Nov '25, Realtor.com reports that the median days on market for a home in Vail, AZ is 65. This is a increase of 25.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $420,000 | -3.0% |
Listing Count | 335 | 8.0% |
| Listings as % of Homes | 1.6% | 8.0% |
Days on Market | 65 | 25.0% |
Demographics — Vail, AZ
As of the latest ACS Survey released in 2023, Vail, AZ has a population of 31,700, which has increased by 19.8% over the past 5 years. Vail, AZ is a popular place for families, as children make up 26.2% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 19.8% |
% Under 18 | 26.2% | -8.1% |
% Seniors | 15.7% | 23.6% |
% WFH | 20.1% | 318.8% |
% w/ College Degree | 45.9% | 20.5% |
As of the latest ACS Survey released in 2023, Vail, AZ is a predominantly white area, with 67.0% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Vail, AZ is hispanic, making up 18.8% of the population. Foreign-born residents account for 5.6% of the population in Vail, AZ, and this percentage has increased by 12.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.0% | -7.8% |
% Black | 4.9% | 75.0% |
% Hispanic | 18.8% | -5.1% |
% Asian | 2.7% | 35.0% |
% Foreign Born | 5.6% | 12.0% |
Mortgage and Risk — Vail, AZ
According to HUD data as of 2023, there were 168 mortgage originations in Vail, AZ, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Vail, AZ. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 168 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Vail, AZ
Vail, 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 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,580 |
| 2 Bedroom | $560 | $1,500 | $2,060 |
| 3 Bedroom | $1,030 | $1,860 | $2,890 |
| 4 Bedroom | $1,150 | $2,200 | $3,350 |
Affordability — Vail, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $407,000 |
| Median Household Income | $122,000 |