El Mirage, Arizona Housing Market Prices
El Mirage Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 25% below the Arizona median$274,260
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Median rent 17% above the Arizona median$1,801
Housing Market Overview
| Metric | El Mirage | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,260 | $367,851 | $248,835 |
| Price Trend (Annual %) | 9.7% | 11.9% | 7.5% |
| Median Gross Rent | $1,801 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in El Mirage is about 25% lower than in Arizona. Rent is about 17% higher than the Arizona average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in El Mirage, up about 9.7% and 6.5% a year respectively. Home prices are changing faster.
Median rent in El Mirage rose about 67.1% between 2015 and 2024, from $1,078 to $1,801. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in El Mirage.
Buying the median-priced home in El Mirage costs roughly 12.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in El Mirage. The price-to-rent ratio in Arizona is about 19.9.
| Metric | El Mirage | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,260 | $367,851 | $248,835 |
| Median Household Income | $79,919 | $80,381 | $80,455 |
| Price-to-Income Ratio | 3.4 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in El Mirage rose about 377.6%, while median household income rose about 54.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | El Mirage | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.1% | 60.3% | 58.5% |
| Rental Rate | 28.7% | 29.2% | 31.2% |
| Vacancy Rate | 6.2% | 10.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
El Mirage has a homeownership rate of 65.1%, higher than the Arizona average of 60.3%. Its housing vacancy rate is 6.2%, compared with 10.6% in Arizona.
Housing Stock
| Metric | El Mirage | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.25 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1999 | 1991 | 1978 |
| Median Number of Rooms | 5.5 | 5.3 | 5.5 |
The typical housing unit in El Mirage was built around 1999. On average, 3.3 people live in a home with about 5.5 rooms, staying for about 13.0 years on average.
El Mirage, AZ Housing Compared With Nearby Cities
El Mirage, AZ is typical in size for this group, 34,950 residents against a local median of 40,024, so the measures below are close to a like for like comparison. El Mirage, AZ's median home price, at $274,260, runs 23% below the $355,512 typical of the cities around it.
The cities themselves spread $71,736 on median home price, so El Mirage, AZ sits at one end of an already wide local range rather than apart from it. El Mirage, AZ has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| El Mirage, AZ | 34,950 | $274,260 #4/4 | $1,801 #1/4 | 69.4% #3/4 |
| Sun City, AZ | 40,024 | $355,512 | $1,637 | 80.4% |
| Glendale, AZ | 256,120 | $333,156 | $1,541 | 58.0% |
| Sun City West, AZ | 25,067 | $404,892 | $1,650 | 88.4% |
Frequently Asked Questions
Common questions about the housing market in El Mirage, Arizona.
What is the median home price in El Mirage, Arizona?
The median home price in El Mirage, Arizona is $274,260, lower than the Arizona average of $367,851.
What is the average home price in El Mirage, Arizona?
The typical home price in El Mirage, Arizona, reported as the median sale price, is $274,260. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in El Mirage, Arizona?
The median gross rent in El Mirage, Arizona is $1,801 per month, higher than the Arizona average of $1,543.
What was the median gross rent in El Mirage in 2020?
In 2020, the median gross rent in El Mirage, Arizona was $1,307 per month.
What is the price-to-rent ratio in El Mirage, Arizona?
The price-to-rent ratio in El Mirage, Arizona is about 12.7, meaning it would take roughly 12.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in El Mirage.
Are home prices or rent rising faster in El Mirage, Arizona?
Both home prices and rent are rising in El Mirage, up about 9.7% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in El Mirage, Arizona?
65.1% of households in El Mirage, Arizona own their home, higher than the Arizona average of 60.3%.
What is the vacancy rate in El Mirage, Arizona?
The housing vacancy rate in El Mirage, Arizona is 6.2%, lower than the Arizona average of 10.6%.
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