Greenlee County, Arizona Housing Market Prices
Greenlee 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 72% below the Arizona median Cheapest county in Arizona$104,167
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Median rent 58% below the Arizona median Among the top 3 cheapest counties in Arizona$647
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greenlee County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $104,167 | $367,851 | $248,835 |
| Price Trend (Annual %) | 23.6% | 11.9% | 7.5% |
| Median Gross Rent | $647 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greenlee County is about 72% lower than in Arizona. Rent is about 58% 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 Greenlee County, up about 23.6% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Greenlee County rose about 56.2% between 2015 and 2024, from $415 to $647. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Greenlee County.
Buying the median-priced home in Greenlee County costs roughly 13.4 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 Greenlee County. The price-to-rent ratio in Arizona is about 19.9.
| Metric | Greenlee County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $104,167 | $367,851 | $248,835 |
| Median Household Income | $73,380 | $80,381 | $80,455 |
| Price-to-Income Ratio | 1.4 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greenlee County rose about 69.6%, while median household income rose about 52.3% 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 | Greenlee County | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 42.9% | 60.3% | 58.5% |
| Rental Rate | 38.1% | 29.2% | 31.2% |
| Vacancy Rate | 19.0% | 10.6% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Greenlee County has a homeownership rate of 42.9%, lower than the Arizona average of 60.3%. Its housing vacancy rate is 19.0%, compared with 10.6% in Arizona.
Housing Stock
| Metric | Greenlee County | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1979 | 1991 | 1978 |
| Median Number of Rooms | 5.3 | 5.3 | 5.5 |
The typical housing unit in Greenlee County was built around 1979. On average, 2.6 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Greenlee County, AZ Housing Compared With Nearby Counties
Greenlee County, AZ is the smallest of the 4 counties compared here, 9,411 residents against a local median of 39,230. Where Greenlee County, AZ breaks from the counties next to it is median home price, sitting 40% below the local median of $173,848 at $104,167.
Median rent tells the same story from another angle: $647 against a local median of $934, 31% below it. The one measure here that carries a verdict is homeownership, and at 28% below the local median it puts Greenlee County, AZ at the weaker end of the local range. The counties themselves spread $150,958 on median home price, so Greenlee County, AZ sits at one end of an already wide local range rather than apart from it. Greenlee County, AZ has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greenlee County, AZ | 9,411 | $104,167 #4/4 | $647 #4/4 | 53.0% #4/4 |
| Graham County, AZ | 39,230 | $166,519 | $934 | 73.1% |
| Grant County, NM | 27,774 | $317,477 | $824 | 75.8% |
| Cochise County, AZ | 125,520 | $173,848 | $994 | 71.0% |
Frequently Asked Questions
Common questions about the housing market in Greenlee County, Arizona.
What is the median home price in Greenlee County, Arizona?
The median home price in Greenlee County, Arizona is $104,167, lower than the Arizona average of $367,851.
What is the average home price in Greenlee County, Arizona?
The typical home price in Greenlee County, Arizona, reported as the median sale price, is $104,167. 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 Greenlee County, Arizona?
The median gross rent in Greenlee County, Arizona is $647 per month, lower than the Arizona average of $1,543.
What was the median gross rent in Greenlee County in 2020?
In 2020, the median gross rent in Greenlee County, Arizona was $467 per month.
What is the price-to-rent ratio in Greenlee County, Arizona?
The price-to-rent ratio in Greenlee County, Arizona is about 13.4, meaning it would take roughly 13.4 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 Greenlee County.
Are home prices or rent rising faster in Greenlee County, Arizona?
Both home prices and rent are rising in Greenlee County, up about 23.6% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greenlee County, Arizona?
42.9% of households in Greenlee County, Arizona own their home, lower than the Arizona average of 60.3%.
What is the vacancy rate in Greenlee County, Arizona?
The housing vacancy rate in Greenlee County, Arizona is 19.0%, higher than the Arizona average of 10.6%.
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