Housing in Paradise Valley, AZ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$4,785,000
Median List Price
$6,445,000
Price Per Sq Ft
$1,045
Days on Market
106
Active Inventory
214
Months of Supply
10.2
Buyer's market
Zillow Home Value
$3,380,077
ZHVI — January 2026
Zillow Rent Index
$1,897
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
4.8%
Off Market in 2 Weeks
32.6%
Sale-to-List Ratio
94.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
21
New Listings
78
Pending Sales
43
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$1,045
Median List $/SF
$1,176
Paradise Valley vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Paradise Valley is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$2,000,001
Median Rent
$3,501
Total Housing Units
5,748
Vacancy Rate
13.5%
Owner Occupied
95.1%
Renter Occupied
4.9%
Median Property Tax
$9,785
per year
Monthly Cost (w/ Mortgage)
$3,204
Housing Types
The current median sale price in Paradise Valley, AZ is $4,785,000 according to Redfin data. Homes spend a median of 106 days on the market. 4.8% of homes sold above asking price. The market has 10.2 months of supply. The median price per square foot is $1,045. Zillow's observed rent index is $1,897/month. About 95.1% of housing units are owner-occupied. The median year homes were built is 1985. There are 5,748 total housing units.