When you search for homes for sale in Arizona, you’ll find a wide range of prices.
Depending on your home search, you could nab a cozy, quaint cabin for less than $50,000 or a lavish mansion with five bedrooms, six bathrooms, and a 12-car garage plus a pool for about $30 million.
Arizona Ranks in the Top 20 States for Home Value
The average home value compared to the rest of the country places Arizona in the top 20 places to live in the US for real estate value. When you buy a home in Arizona, it typically increases in value year over year. In 2023, Phoenix tops the list of cities in Arizona experiencing record home value increases.
To give you an idea of how rapidly homes increase in value in Arizona, in 2022, 247wallst.com ranked each state in home value, and Arizona came in at number 16 with a home value average of $376,369. That already reflected an increase of 30.7 percent from 2021 to 2022. According to Zillow, the state’s home value further increased, now at an average home value of $419,675, which reflects an increase of 5.8 percent in 2023.
When an existing home goes up for sale in Arizona, it typically takes about 41 days before it moves to the pending stage, meaning that a buyer made an offer and the seller accepted it. According to Zillow, that’s a little slower than the national average.
But, when they sell, Arizona houses sell for more money. That’s worth the wait.
Where in Arizona do houses cost the least?
Many towns and cities in the state of Arizona offer superb deals on homes. Our first three options offer a lower cost of living than the national cost. Besides housing, you’d also need to spend less on other necessities, such as groceries, health care, and clothing, in these locations.
In Winslow, AZ, famous for its mention in a Jackson Browne song, home prices range from $139,927 to $1.5 million. The more than a million dollar property comes with its own airport, which makes it a unique property and a steal at only $1.5 million. The other properties fall into the category of your typical single-family homes. Two-, three-, and four-bedroom homes, typically with two bathrooms, abound, costing the most expensive option $284,000.
Douglas, AZ, also offers fine homes for sale in Arizona, starting at just above $50,000 for a single-family home with a carport for an RV. Prices range up to the 350K mark with acreages available. This area of rural Arizona offers homes in town and on its outskirts, some replete with solar panels so the homeowner can enjoy free electricity.
The last of the small-town options we’ll cover, Safford, AZ, offers homes starting at $51,900 and ranging up to $755,000. Highway 191 runs right through this small community, and most of its homes dot the road, so you can easily travel to other locales when needed. West of Tucson and Mesa, it takes about two hours to travel by automobile to Tucson and three hours to reach Mesa.
If you yearn for city life, instead check out the great deals available in Yuma, Mesa, and Flowing Wells, a suburb of Tucson. Read our blog “Where are Houses the Cheapest in Arizona?” to learn more about these three cities and their affordable home buys.
What are Arizona’s elite communities?
Head to Scottsdale, AZ, to find the elite, gated communities that Arizona became known for around the US. Although most homes in this small city range from $1 to $2 million, you can find bargains for under $750,000. Typically, homes in Scottsdale offer larger square footage and mountain views.
Condos abound in Scottsdale and typically cost less than $300,000. Many options range from $150,000 to 250,000. Although a condo means still paying monthly maintenance fees, most of the condo developments in Scottsdale include a swimming pool and community center.
You can also nab fixer-uppers even in tony Scottsdale. Look at the neighborhoods near the municipal stadium for options that cost less than $275,000 for a single-family home. Once you renovate any of these homes, you add to their value, and in Scottsdale, a steal you nab today could become your top investment tomorrow.
Look to Litchfield Park, AZ, for affordable luxury. The gated community of Bel Fleur offers homes for sale for $775,000 and less. The million-dollar and-up homes line the fairways of the Wigwam Country Club, but Bel Fleur offers opulent options just across North Dysart Road that come in under the million-dollar mark.
South of Litchfield Park, technically in Goodyear, AZ, you can find spacious, well-appointed homes in safe, secure areas with many amenities in the community.
While less well-known than Litchfield Park, Goodyear also offers greenbelt communities and a golf course. The Eagle’s Nest Golf Club offers fairway view homes for about $750,000. Homes one street from the course sell for slightly less than $400,000.
Find Your Ideal Arizona Home Today
Whether you want an elite home in a gated community or a rural home near the Petrified Forest, you can find it using ITSSOLDAZ.
We love to help Arizonans buy and sell their homes. When you want to sell your home, we’re ready to help. We buy homes in all conditions, and we handle the renovation.
You don’t have to do anything except start looking for your new home wherever you plan to move. Let us know if you want to move to another town or city in Arizona.
We probably have homes there to offer. Get started by filling out the form on our website.