Housing · Rio Verde

Rio Verde, AZ housing market

The typical Rio Verde home is worth about $830,000, up 1.8% in a year, 98% above the Arizona typical home. Homes typically sell in 177 days, below asking.

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

The market right now

Rio Verde at a glance

Typical home value
$830K
▲ 1.8% in a year · Zillow
Median sale price
$595K
May 2026 · Redfin
Days on market
177
Arizona: 62 days
Sale-to-list
94.5%
Homes sell below asking
Homes sold
15
in May · 47 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

Rio VerdeArizona
$200K$300K$400K$500K$600K$700K$800K$900K 20182020202220242026 Rio Verde $830K Arizona $418K
Show as a table
JanuaryRio VerdeArizona
2017$459,000$228,000
2018$483,000$244,000
2019$500,000$264,000
2020$528,000$282,000
2021$582,000$324,000
2022$744,000$416,000
2023$798,000$429,000
2024$816,000$433,000
2025$817,000$434,000
2026$833,000$423,000
August 2026$830,000$418,000
Affordability

6.3 years of income

The typical Rio Verde home costs about 6.3 years of the town's median household income, more than across Arizona (5.2 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
96.3%
Arizona: 67.4%
Median tax bill
$3,988
Arizona: $1,879
Typical home built
1994
Arizona: 1992

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

Renting

A two-bedroom rents for about $2,540

HUD's Fair Market Rent for a two-bedroom in Rio Verde is $2,540 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$2,160
a month, with utilities
2 bedrooms
$2,540
a month, with utilities
3 bedrooms
$3,370
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $2,010 · 4 bedrooms $3,750

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (85263; Phoenix-Mesa-Chandler, AZ MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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