Arizona, February 11, 2026
Arizona’s housing market continues to show strong growth, with cities like Sedona leading the way in home price appreciation. This growth, fueled by economic expansion and a desirable quality of life, highlights the state’s resilience and attractiveness for new residents and businesses. Overall, Arizona’s real estate landscape is vibrant, showcasing diverse cities with increasing home values. Understanding these trends is essential for potential buyers and investors looking to seize opportunities in this dynamic market.
Arizona’s Housing Market: A Look at Top Growth Cities
Arizona’s housing market demonstrates remarkable resilience and growth, driven by a spirit of entrepreneurial innovation and strategic private investment. As the state continues to attract new residents and businesses, its communities are experiencing dynamic shifts in real estate values. This report highlights the cities leading the charge in home price appreciation, reflecting robust economic fundamentals and a favorable environment for development.
The Grand Canyon State, with Phoenix AZ business at its core, consistently outpaces national trends in key economic indicators. This vitality is a testament to the collective efforts of Arizona AZ entrepreneurs and a supportive policy landscape that fosters economic expansion. Understanding where home prices are growing fastest offers valuable insights into the state’s most vibrant and opportunity-rich areas.
Top 10 Arizona Cities with the Fastest-Growing Home Prices
Analyzing recent market data reveals the Arizona cities that have seen the most significant year-over-year increases in home prices. This upward trend underscores the demand for housing across various regions of the state, fueled by ongoing economic growth and a desirable quality of life. The cities leading this growth are diverse in their character and geography, yet all share a common thread of increasing desirability among homebuyers.
The top cities, based on year-over-year home price growth, include:
- Sedona, AZ: 26.0%
- Catalina Foothills, AZ: 12.4%
- Chandler, AZ: 5.0%
- Florence, AZ: 5.0%
- Anthem, AZ: 4.8%
- Fort Mohave, AZ: 4.5%
- Green Valley, AZ: 4.5%
- Yuma, AZ: 4.2%
- Sun Lakes, AZ: 3.6%
- Casas Adobes, AZ: 2.3%
Sedona’s Remarkable Appreciation
Sedona, renowned for its picturesque landscapes and vibrant community, stands out with the highest year-over-year home price growth at 26.0%. This significant appreciation reflects strong demand, likely influenced by its unique appeal and limited land availability. In December 2025, the median sale price for homes in Sedona was $1.4 million, marking a 13.3% increase compared to the previous year. Homes in Sedona sold after an average of 64 days on the market in December 2025, an improvement from 97 days the year prior. This active market demonstrates sustained interest from both local and out-of-state buyers.
Growth Spanning Arizona’s Landscape
Beyond Sedona, other Arizona cities are experiencing substantial home price increases. Catalina Foothills, for example, saw a 12.4% rise in home prices, indicating strong demand in that area. Chandler, a key part of the Phoenix AZ business landscape, also posted a solid 5.0% increase. Florence and Anthem followed closely with 5.0% and 4.8% growth, respectively. These figures highlight a broad-based appreciation for real estate across different parts of the state, from urban centers to more suburban and scenic locales. Fort Mohave and Green Valley each recorded a 4.5% growth in home prices, while Yuma saw a 4.2% increase. Sun Lakes and Casas Adobes rounded out the top ten with 3.6% and 2.3% growth, respectively.
The Enduring Appeal of Metropolitan Phoenix
While the top-ranked cities showcase impressive individual gains, the broader Metropolitan Phoenix area continues to be a powerhouse of housing expansion and economic growth. Phoenix itself is recognized as one of the fastest-growing cities nationwide and ranks as the second-most active real estate development market in the U.S. over the past five decades. The city’s population surged to 1.65 million in 2023, representing a 9% increase over a decade. This consistent influx of residents fuels demand for housing and underpins the region’s robust real estate performance.
Suburbs like Queen Creek and Buckeye exemplify the dynamic expansion within the Phoenix metropolitan area. Queen Creek has transformed dramatically, with its local housing stock growing by 123% over the last decade to nearly 20,000 units in 2022. The town’s population simultaneously jumped by 128% from 2013, reaching over 64,000 residents. This rapid growth has led to home values doubling over the same period, accompanied by a 52% increase in incomes. In August 2025, Queen Creek’s annual home appreciation was estimated at 4-6%, reflecting continued, albeit more normalized, growth. Buckeye is also making strides towards becoming a significant urban center, experiencing an 81% population increase over the last decade to more than 95,000 people and a 72% expansion in housing inventory by 2022. Home prices in Buckeye have nearly tripled over the past decade.
Economic Foundations and Future Outlook
Arizona’s housing market strength is built upon solid economic foundations. Overall, home prices in Arizona were up 0.5% year-over-year in October 2025, with a median price of $447,000. This growth stands in contrast to national trends, where more than half of U.S. households saw home values decline in the past year. The state’s ability to foster an environment conducive to Arizona AZ entrepreneurs and attract private investment plays a crucial role in its sustained prosperity. With a median of 69 days on the market in October 2025, homes are selling at a steady pace, indicating a healthy market despite broader economic fluctuations. Initiatives supporting Phoenix small business and promoting sensible development continue to reinforce the state’s economic landscape, ensuring opportunities for homeowners and investors alike.
Conclusion
Arizona’s real estate market, particularly in high-growth areas, offers a compelling narrative of sustained development and increasing value. The state’s leading cities are not just seeing price appreciation; they represent thriving communities where entrepreneurial spirit and strategic growth policies converge. As economic growth continues to reshape the region, supporting local businesses and engaging with community-led development initiatives will be key to maintaining this positive momentum. This dynamic environment provides a fertile ground for both personal achievement through homeownership and continued prosperity for the entire state.
FAQ
What is the Arizona city with the fastest-growing home prices?
Sedona, AZ, leads Arizona with a 26.0% year-over-year home price growth.
What was the overall home price growth in Arizona in October 2025?
Home prices in Arizona were up 0.5% year-over-year in October 2025.
What was the median home price in Arizona in October 2025?
The median home price in Arizona in October 2025 was $447,000.
How quickly did Phoenix home prices double?
Phoenix home prices doubled in less than 7 years.
Which city leads Arizona’s housing expansion?
Queen Creek in the Phoenix metro area leads Arizona’s housing expansion.
What was Queen Creek’s population growth over the last decade?
Queen Creek’s population increased by 128% from 2013 to over 64,000 people by 2022.
How much did home prices in Buckeye nearly triple over?
Home prices in Buckeye nearly tripled over the last decade.
Key Housing Market Features in Arizona’s Growth Cities
| City | Home Price Growth (Year-over-Year) | Median Home Price (Latest Data) | Other Noteworthy Growth | Geographic Scope |
|---|---|---|---|---|
| Sedona | 26.0% | $1.4M (Dec 2025) | Homes sell in 64 days (Dec 2025) | State-level |
| Catalina Foothills | 12.4% | N/A | N/A | State-level |
| Chandler | 5.0% | Over $400,000 (average, as of Jan 2025) | 123% increase in home prices since 2005 | State-level |
| Florence | 5.0% | N/A | N/A | State-level |
| Anthem | 4.8% | N/A | N/A | State-level |
| Fort Mohave | 4.5% | N/A | N/A | State-level |
| Green Valley | 4.5% | N/A | N/A | State-level |
| Yuma | 4.2% | N/A | N/A | State-level |
| Sun Lakes | 3.6% | N/A | N/A | State-level |
| Casas Adobes | 2.3% | N/A | N/A | State-level |
| Queen Creek | Annual appreciation 4-6% (2025) | $756,946 (average sold price, 2025) | Housing stock grew 123% over last decade (to 2022); population grew 128% (from 2013 to 2022); home values doubled over last decade | State-level |
| Buckeye | Nearly tripled over last decade | $408,000 (average home value, 2025) | Population increased 81% over last decade (to 2022); housing inventory expanded 72% (to 2022) | State-level |
| Phoenix | Doubled in less than 7 years | Over $400,000 (average, as of Jan 2025) | 2nd most active real estate development market in U.S. over 50 years; population surged 9% in a decade (to 2023) | State-level |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
