Pinetop, AZ—85935
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Pinetop, AZ
Home Price Trends — Pinetop, AZ
As of Oct '25, the median home price in Pinetop, AZ is $540,000, with a year-over-year change of 1.8%. This indicates that home prices in Pinetop, AZ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $540,000 | 1.8% |
| Single Family | $559,000 | 2.2% |
| Condos | $341,000 | 5.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $407,000 | -0.5% |
3 Bed | $526,000 | 1.7% |
4 Bed | $767,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pinetop, AZ
As of July '25, Rentcast reports the average rent in Pinetop, AZ is $2,030, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Pinetop, AZ is 1-bedrooms: $1,260, 2-bedrooms: $2,000, 3-bedrooms: $2,110, 4-bedrooms: $3,950. The most common rental property sizes in Pinetop, AZ are 1-bedroom and 2-bedroom, accounting for 42.6% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,260 |
| 2 Bed Rent | $1,900 | $2,000 |
| 3 Bed Rent | $1,900 | $2,110 |
| 4 Bed Rent | $3,950 | $3,950 |
% of Rental Stock
Property Listings — Pinetop, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Pinetop, AZ is 87. This is a increase of 59.0% 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 | $645,000 | -5.0% |
Listing Count | 141 | 24.0% |
| Listings as % of Homes | 0.8% | 24.0% |
Days on Market | 87 | 59.0% |
Demographics — Pinetop, AZ
As of the latest ACS Survey released in 2023, Pinetop, AZ has a population of 4,740, which has decreased by -1.8% over the past 5 years. Pinetop, AZ is a less popular place for families, as children make up 14.8% of the population. The area has a highly educated workforce, with 46.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,740 | -1.8% |
% Under 18 | 14.8% | -34.8% |
% Seniors | 36.3% | 22.2% |
% WFH | 8.0% | 77.8% |
% w/ College Degree | 46.2% | 25.5% |
As of the latest ACS Survey released in 2023, Pinetop, AZ is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Pinetop, AZ is hispanic, making up 4.7% of the population. Foreign-born residents account for 3.1% of the population in Pinetop, AZ, and this percentage has decreased by 48.3% 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 | 74.9% | -0.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.7% | -64.4% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 3.1% | -48.3% |
Mortgage and Risk — Pinetop, AZ
According to HUD data as of 2023, there were 172 mortgage originations in Pinetop, AZ, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Pinetop, AZ. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 172 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 4.0% |
% Second Loans | 48.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Pinetop, AZ
Pinetop, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | -$150 | $1,100 | $950 |
| 2 Bedroom | -$660 | $1,900 | $1,240 |
| 3 Bedroom | -$370 | $1,900 | $1,530 |
| 4 Bedroom | -$2,310 | $3,950 | $1,640 |
Affordability — Pinetop, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $540,000 |
| Median Household Income | $64,900 |