Home Values in Scottsdale, Arizona — 2026 Market Report
Updated March 2026 | Balanced Market | +7.5% YoY
The median home value in Scottsdale, Arizona is $725,000 as of March 2026, which is above the national median of $400,000. Home values in Scottsdale have increased by 7.5% over the past year and 43.6% over the last five years. With a population of 241,361 and a median household income of $95,908, the price-to-income ratio stands at 7.6x, making Scottsdale affordable for the average household.
Scottsdale Housing Market Conditions
| Metric | Scottsdale | National Avg |
|---|---|---|
| Median Home Value | $725,000 | $400,000 |
| YoY Appreciation | +7.5% | +3.8% |
| 5-Year Appreciation | +43.6% | +22.4% |
| Price per Sq Ft | $337 | $222 |
| Days on Market | 30 days | 45 days |
| Months of Supply | 3.2 | 3.5 |
| List-to-Sale Ratio | 100.4% | 98.5% |
| Monthly Homes Sold | 130 | — |
| Foreclosure Rate | 0.39% | 0.3% |
Home Value Trends in Scottsdale
A homeowner who purchased at the median price of $504,875 five years ago in Scottsdale would have gained approximately $220,125 in equity, representing a 43.6% return on investment. Over the past year alone, the typical homeowner gained $50,581 in home equity.
Affordability in Scottsdale, AZ
With a median household income of $95,908 and a median home price of $725,000, the price-to-income ratio in Scottsdale is 7.6x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $5,165 compared to estimated monthly ownership costs of $3,819 gives a rent-vs-buy ratio of 0.74. In Scottsdale, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Scottsdale
The effective property tax rate in Arizona is 0.62%. On a home valued at $725,000, the estimated annual property tax bill is $4,495, or approximately $375/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Scottsdale is 115.5 (100 = national average), indicating living costs are above the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Scottsdale, AZ?
The median home value in Scottsdale, Arizona is $725,000 as of March 2026. Home values have changed +7.5% over the past year, with a 5-year appreciation of 43.6%.
Is Scottsdale a buyer's or seller's market?
Scottsdale is currently a balanced market with 3.2 months of housing supply. Homes spend an average of 30 days on market, and the list-to-sale price ratio is 100.4%. Supply and demand are relatively balanced.
Are home values going up in Scottsdale?
Yes, home values in Scottsdale have increased by 7.5% over the past year. The 5-year appreciation rate is 43.6%, meaning a home worth $504,875 five years ago is now worth $725,000.
Is it better to rent or buy in Scottsdale?
The average monthly rent in Scottsdale is $5,165, while estimated monthly homeownership costs are approximately $3,819. The price-to-rent ratio is 11.7. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Scottsdale, 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.