Housing · Paradise Valley

Paradise Valley, AZ housing market

The typical Paradise Valley home is worth about $3,523,000, up 11.7% in a year, 743% above the Arizona typical home. Homes typically sell in 121 days, below asking.

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

The market right now

Paradise Valley at a glance

Typical home value
$3.52M
▲ 11.7% in a year · Zillow
Median sale price
$4.7M
May 2026 · Redfin
Days on market
121
Arizona: 62 days
Sale-to-list
93.7%
Homes sell below asking
Homes sold
33
in May · 193 for sale
Market temperature

A balanced market

Buyer's marketBalancedSeller's market

About 5.8 months of supply: neither buyers nor sellers have a clear edge.

Ten-year trend

Typical home value, 2016–2026

Paradise ValleyArizona
$200K$300K$400K$500K$600K$700K$800K$900K$1M$1.1M$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M$1.8M$1.9M$2M$2.1M$2.2M$2.3M$2.4M$2.5M$2.6M$2.7M$2.8M$2.9M$3M$3.1M$3.2M$3.3M$3.4M$3.5M$3.6M 20182020202220242026 Paradise Valley $3.52M Arizona $418K
Show as a table
JanuaryParadise ValleyArizona
2017$1,379,000$228,000
2018$1,424,000$244,000
2019$1,515,000$264,000
2020$1,524,000$282,000
2021$1,752,000$324,000
2022$2,395,000$416,000
2023$2,596,000$429,000
2024$2,709,000$433,000
2025$2,996,000$434,000
2026$3,368,000$423,000
August 2026$3,523,000$418,000
Next door

Paradise Valley and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Paradise Valley $3.52M +11.7% 121 $247,159
Phoenix $406K −1.5% 52 $81,332
Scottsdale $851K +2.9% 76 $110,886
Affordability

14.3 years of income

The typical Paradise Valley home costs about 14.3 years of the town's median household income, more than across Arizona (5.2 years).

How Paradise Valley ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
95%
Arizona: 67.4%
Median tax bill
$10,001
Arizona: $1,879
Median rent
$3,501
Arizona: $1,543
Typical home built
1985
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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Paradise Valley

Arizona · AZ
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01