Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$380,297
$1,866

Housing Market Overview

Metric San Tan Valley Arizona Avg US Average
Median Home Price $380,297 $340,223 $242,182
Price Trend (Annual %) 12.6% 12.4% 8.2%
Median Gross Rent $1,866 $1,430 $1,342
Rent Trend (Annual %) 6.7% 6.3% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
San Tan Valley
Arizona
United States
Year San Tan Valley Arizona United States
Median Rent Over Time
San Tan Valley
Arizona
United States
Year San Tan Valley Arizona United States

Affordability

On average, housing unit costs 4.0 yearly household incomes in San Tan Valley.

Metric San Tan Valley Arizona Avg US Average
Median Home Price $380,297 $340,223 $242,182
Median Household Income $95,493 $77,100 $78,145
Price-to-Income Ratio 4.0 4.4 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric San Tan Valley Arizona Avg US Average
Homeownership Rate 75.6% 59.6% 58.2%
Rental Rate 16.1% 29.4% 31.3%
Vacancy Rate 8.2% 11.0% 10.6%
Median Tenure (years) 10.0 13.0 15.0
Median Year Moved In 2016 2013 2011

Housing Stock

Metric San Tan Valley Arizona Avg US Average
Average Household Size 3.07 people 2.54 people 2.54 people
Median Structure Built Year 2006 1990 1978
Median Number of Rooms 6.3 5.3 5.5