Home Values in Glendale, Arizona — 2026 Market Report
Updated March 2026 | Seller's Market | +6.8% YoY
The median home value in Glendale, Arizona is $365,000 as of March 2026, which is near the national median of $400,000. Home values in Glendale have increased by 6.8% over the past year and 38.9% over the last five years. With a population of 248,325 and a median household income of $56,175, the price-to-income ratio stands at 6.5x, making Glendale affordable for the average household.
Glendale Housing Market Conditions
| Metric | Glendale | National Avg |
|---|---|---|
| Median Home Value | $365,000 | $400,000 |
| YoY Appreciation | +6.8% | +3.8% |
| 5-Year Appreciation | +38.9% | +22.4% |
| Price per Sq Ft | $168 | $222 |
| Days on Market | 33 days | 45 days |
| Months of Supply | 1.5 | 3.5 |
| List-to-Sale Ratio | 101.8% | 98.5% |
| Monthly Homes Sold | 144 | — |
| Foreclosure Rate | 0.1% | 0.3% |
Home Value Trends in Glendale
A homeowner who purchased at the median price of $262,779 five years ago in Glendale would have gained approximately $102,221 in equity, representing a 38.9% return on investment. Over the past year alone, the typical homeowner gained $23,240 in home equity.
Affordability in Glendale, AZ
With a median household income of $56,175 and a median home price of $365,000, the price-to-income ratio in Glendale is 6.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,443 compared to estimated monthly ownership costs of $1,923 gives a rent-vs-buy ratio of 0.79. In Glendale, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Glendale
The effective property tax rate in Arizona is 0.62%. On a home valued at $365,000, the estimated annual property tax bill is $2,263, or approximately $189/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Glendale is 97.5 (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 Glendale, AZ?
The median home value in Glendale, Arizona is $365,000 as of March 2026. Home values have changed +6.8% over the past year, with a 5-year appreciation of 38.9%.
Is Glendale a buyer's or seller's market?
Glendale is currently a seller's market with 1.5 months of housing supply. Homes spend an average of 33 days on market, and the list-to-sale price ratio is 101.8%. Low inventory gives sellers an advantage.
Are home values going up in Glendale?
Yes, home values in Glendale have increased by 6.8% over the past year. The 5-year appreciation rate is 38.9%, meaning a home worth $262,779 five years ago is now worth $365,000.
Is it better to rent or buy in Glendale?
The average monthly rent in Glendale is $2,443, while estimated monthly homeownership costs are approximately $1,923. The price-to-rent ratio is 12.5. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Glendale, 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.