Housing · New River

New River, AZ housing market

The typical New River home is worth about $757,000, up 1.5% in a year, 81% above the Arizona typical home. Homes typically sell in 125 days, below asking.

Home values, sales, trends and how New River compares with the towns next door — updated as new data is published.

The market right now

New River at a glance

Typical home value
$757K
▲ 1.5% in a year · Zillow
Median sale price
$725K
May 2026 · Redfin
Days on market
125
Arizona: 62 days
Sale-to-list
96.5%
Homes sell below asking
Homes sold
21
in May · 148 for sale
Market temperature

A buyer's market

Buyer's marketBalancedSeller's market

More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.

Ten-year trend

Typical home value, 2016–2026

New RiverArizona
$200K$300K$400K$500K$600K$700K$800K 20182020202220242026 New River $757K Arizona $418K
Show as a table
JanuaryNew RiverArizona
2017$391,000$228,000
2018$412,000$244,000
2019$438,000$264,000
2020$463,000$282,000
2021$529,000$324,000
2022$675,000$416,000
2023$701,000$429,000
2024$736,000$433,000
2025$751,000$434,000
2026$759,000$423,000
August 2026$757,000$418,000
Next door

New River and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
New River $757K +1.5% 125 $134,289
Phoenix $406K −1.5% 52 $81,332
Anthem $559K −1% 77 $120,613
Cave Creek $1.04M +2.1% 86 $107,067
Affordability

5.6 years of income

The typical New River home costs about 5.6 years of the town's median household income, more than across Arizona (5.2 years).

How New River ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
94.7%
Arizona: 67.4%
Median tax bill
$3,357
Arizona: $1,879
Median rent
$1,948
Arizona: $1,543
Typical home built
2003
Arizona: 1992

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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New River

Arizona · AZ
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01