Arizona home prices and mortgage costs
Typical home value $416,733 · -1.0% in a year · property tax 0.44%
Arizona ranks 18th most expensive of 51 states and D.C. Home values changed -1.0% over the past year and +6.9% over five years. Buying the typical home with 20% down costs about $2,605 a month at 7.11%, which needs a household income of about $111,600.
Cost of the typical Arizona home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $83,347 | $333,387 | $2,243 | $0 | $362 | $2,605 | $111,600 |
| 10% down | $41,673 | $375,060 | $2,523 | $156 | $362 | $3,042 | $130,400 |
| 5% down | $20,837 | $395,897 | $2,663 | $165 | $362 | $3,190 | $136,700 |
| 3.5% down (FHA) | $14,586 | $409,185 | $2,753 | $184 | $362 | $3,299 | $141,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.44% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Check a specific budget: how much house you can afford in Arizona by salary · payment on a $400K home in Arizona
Home prices by county in Arizona
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Coconino County | $618,865 | +0.2% | 0.46% | $3,876 | $166,100 |
| Yavapai County | $496,923 | -0.0% | 0.41% | $3,093 | $132,600 |
| Maricopa County | $455,168 | -0.9% | 0.44% | $2,843 | $121,900 |
| Navajo County | $393,934 | +0.4% | 0.59% | $2,512 | $107,600 |
| Gila County | $385,173 | -0.2% | 0.51% | $2,431 | $104,200 |
| Pinal County | $359,830 | -2.2% | 0.47% | $2,257 | $96,700 |
| Mohave County | $349,812 | +2.0% | 0.44% | $2,186 | $93,700 |
| Pima County | $335,772 | -1.8% | 0.71% | $2,174 | $93,200 |
| Apache County | $319,753 | +1.1% | 0.9% | $2,120 | $90,900 |
| Graham County | $303,340 | +2.2% | 0.48% | $1,905 | $81,600 |
| Yuma County | $276,759 | +0.4% | 0.61% | $1,769 | $75,800 |
| Santa Cruz County | $273,922 | -0.4% | 0.61% | $1,750 | $75,000 |
| La Paz County | $261,246 | -1.1% | 0.64% | $1,677 | $71,900 |
| Cochise County | $260,551 | -0.4% | 0.6% | $1,663 | $71,300 |
| Greenlee County | $158,270 | -10.3% | 0.33% | $974 | $41,700 |
Metro areas in Arizona
Frequently asked questions
What is the average home price in Arizona?
The typical home in Arizona is worth $416,733 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Arizona?
About $111,600 a year to buy the typical $416,733 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Arizona?
The typical effective rate is 0.44% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).