The typical home listed in Arizona is priced at $474,950, down 0.1% from a year ago. Homes are spending a median of 65 days on the market, indicating a slower market that favors buyers. Against a median household income of $79,964, the price-to-income ratio is about 5.9, a expensive level for local buyers.
| Metric | Value |
|---|---|
| Median Listing Price | $474,950 |
| YoY Price Change | -0.1% |
| Median Days on Market | 65 days |
| Active Listings | 29,650 |
| Median Household Income | $79,964 |
| Homeownership Rate | 67.4% |
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