Home Values in Chandler, Arizona — 2026 Market Report
Updated March 2026 | Balanced Market | +4.4% YoY
The median home value in Chandler, Arizona is $465,000 as of March 2026, which is above the national median of $400,000. Home values in Chandler have increased by 4.4% over the past year and 24% over the last five years. With a population of 275,987 and a median household income of $82,245, the price-to-income ratio stands at 5.7x, making Chandler affordable for the average household.
Chandler Housing Market Conditions
| Metric | Chandler | National Avg |
|---|---|---|
| Median Home Value | $465,000 | $400,000 |
| YoY Appreciation | +4.4% | +3.8% |
| 5-Year Appreciation | +24% | +22.4% |
| Price per Sq Ft | $213 | $222 |
| Days on Market | 35 days | 45 days |
| Months of Supply | 4.5 | 3.5 |
| List-to-Sale Ratio | 99.9% | 98.5% |
| Monthly Homes Sold | 210 | — |
| Foreclosure Rate | 0.62% | 0.3% |
Home Value Trends in Chandler
A homeowner who purchased at the median price of $375,000 five years ago in Chandler would have gained approximately $90,000 in equity, representing a 24% return on investment. Over the past year alone, the typical homeowner gained $19,598 in home equity.
Affordability in Chandler, AZ
With a median household income of $82,245 and a median home price of $465,000, the price-to-income ratio in Chandler is 5.7x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,449 compared to estimated monthly ownership costs of $2,449 gives a rent-vs-buy ratio of 1.00. In Chandler, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Chandler
The effective property tax rate in Arizona is 0.62%. On a home valued at $465,000, the estimated annual property tax bill is $2,883, or approximately $240/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Chandler is 102.5 (100 = national average), indicating living costs are near the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Chandler, AZ?
The median home value in Chandler, Arizona is $465,000 as of March 2026. Home values have changed +4.4% over the past year, with a 5-year appreciation of 24%.
Is Chandler a buyer's or seller's market?
Chandler is currently a balanced market with 4.5 months of housing supply. Homes spend an average of 35 days on market, and the list-to-sale price ratio is 99.9%. Supply and demand are relatively balanced.
Are home values going up in Chandler?
Yes, home values in Chandler have increased by 4.4% over the past year. The 5-year appreciation rate is 24%, meaning a home worth $375,000 five years ago is now worth $465,000.
Is it better to rent or buy in Chandler?
The average monthly rent in Chandler is $2,449, while estimated monthly homeownership costs are approximately $2,449. The price-to-rent ratio is 15.8. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Chandler, Arizona is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.