Graham County, Arizona Housing Market Prices
Graham County 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 55% below the Arizona median Among the top 5 cheapest counties in Arizona$166,519
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Median rent 39% below the Arizona median$934
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Graham County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,519 | $367,851 | $248,835 |
| Price Trend (Annual %) | 15.6% | 11.9% | 7.5% |
| Median Gross Rent | $934 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Graham County is about 55% lower than in Arizona. Rent is about 39% lower 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 Graham County, up about 15.6% and 2.2% a year respectively. Home prices are changing faster.
Median rent in Graham County rose about 28.4% between 2015 and 2024, from $728 to $934. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Graham County.
Buying the median-priced home in Graham County costs roughly 14.8 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 Graham County. The price-to-rent ratio in Arizona is about 19.9.
| Metric | Graham County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,519 | $367,851 | $248,835 |
| Median Household Income | $67,909 | $80,381 | $80,455 |
| Price-to-Income Ratio | 2.5 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Graham County rose about 104.8%, while median household income rose about 50.6% 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 | Graham County | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.0% | 60.3% | 58.5% |
| Rental Rate | 24.2% | 29.2% | 31.2% |
| Vacancy Rate | 9.7% | 10.6% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Graham County has a homeownership rate of 66.0%, higher than the Arizona average of 60.3%. Its housing vacancy rate is 9.7%, compared with 10.6% in Arizona.
Housing Stock
| Metric | Graham County | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.86 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1987 | 1991 | 1978 |
| Median Number of Rooms | 5.6 | 5.3 | 5.5 |
The typical housing unit in Graham County was built around 1987. On average, 2.9 people live in a home with about 5.6 rooms, staying for about 14.0 years on average.
Graham County, AZ Housing Compared With Nearby Counties
Graham County, AZ is the 4th largest of the 5 counties compared here, 39,230 residents against a local median of 89,657. The measure that sets Graham County, AZ apart most is median home price: $166,519, 43% below the local median of $290,795.
The counties themselves spread $148,674 on median home price, so Graham County, AZ sits at one end of an already wide local range rather than apart from it. Graham County, AZ has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Graham County, AZ | 39,230 | $166,519 #5/5 | $934 #4/5 | 73.1% #4/5 |
| Cochise County, AZ | 125,520 | $173,848 | $994 | 71.0% |
| Gila County, AZ | 53,793 | $264,113 | $1,030 | 77.5% |
| Pinal County, AZ | 468,983 | $322,522 | $1,537 | 81.7% |
| Grant County, NM | 27,774 | $317,477 | $824 | 75.8% |
Frequently Asked Questions
Common questions about the housing market in Graham County, Arizona.
What is the median home price in Graham County, Arizona?
The median home price in Graham County, Arizona is $166,519, lower than the Arizona average of $367,851.
What is the average home price in Graham County, Arizona?
The typical home price in Graham County, Arizona, reported as the median sale price, is $166,519. 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 Graham County, Arizona?
The median gross rent in Graham County, Arizona is $934 per month, lower than the Arizona average of $1,543.
What was the median gross rent in Graham County in 2020?
In 2020, the median gross rent in Graham County, Arizona was $824 per month.
What is the price-to-rent ratio in Graham County, Arizona?
The price-to-rent ratio in Graham County, Arizona is about 14.8, meaning it would take roughly 14.8 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 Graham County.
Are home prices or rent rising faster in Graham County, Arizona?
Both home prices and rent are rising in Graham County, up about 15.6% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Graham County, Arizona?
66.0% of households in Graham County, Arizona own their home, higher than the Arizona average of 60.3%.
What is the vacancy rate in Graham County, Arizona?
The housing vacancy rate in Graham County, Arizona is 9.7%, lower than the Arizona average of 10.6%.
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