San Tan Valley, Arizona Housing Market Prices
San Tan Valley 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 1% above the Arizona median$371,122
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Median rent 36% above the Arizona median$2,092
Housing Market Overview
| Metric | San Tan Valley | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $371,122 | $367,851 | $248,835 |
| Price Trend (Annual %) | 10.7% | 11.9% | 7.5% |
| Median Gross Rent | $2,092 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 7.4% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Tan Valley is about 1% higher than in Arizona. Rent is about 36% 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 San Tan Valley, up about 10.7% and 7.4% a year respectively. Home prices are changing faster.
Median rent in San Tan Valley rose about 78.6% between 2015 and 2024, from $1,172 to $2,092. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in San Tan Valley.
Buying the median-priced home in San Tan Valley 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 San Tan Valley. The price-to-rent ratio in Arizona is about 19.9.
| Metric | San Tan Valley | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $371,122 | $367,851 | $248,835 |
| Median Household Income | $99,471 | $80,381 | $80,455 |
| Price-to-Income Ratio | 3.7 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Tan Valley rose about 144.8%, while median household income rose about 45.0% 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 | San Tan Valley | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.6% | 60.3% | 58.5% |
| Rental Rate | 15.8% | 29.2% | 31.2% |
| Vacancy Rate | 8.6% | 10.6% | 10.2% |
| Median Tenure (years) | 10.0 | 13.0 | 15.0 |
| Median Year Moved In | 2016 | 2013 | 2011 |
San Tan Valley has a homeownership rate of 75.6%, higher than the Arizona average of 60.3%. Its housing vacancy rate is 8.6%, compared with 10.6% in Arizona.
Housing Stock
| Metric | San Tan Valley | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.16 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 2007 | 1991 | 1978 |
| Median Number of Rooms | 6.4 | 5.3 | 5.5 |
The typical housing unit in San Tan Valley was built around 2007. On average, 3.2 people live in a home with about 6.4 rooms, staying for about 10.0 years on average.
San Tan Valley, AZ Housing Compared With Nearby Cities
How San Tan Valley, AZ compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| San Tan Valley, AZ | 102,207 | $371,122 #2/2 | $2,092 #2/2 | 82.7% #2/2 |
| Queen Creek, AZ | 67,869 | $732,602 | $2,168 | 89.4% |
Frequently Asked Questions
Common questions about the housing market in San Tan Valley, Arizona.
What is the median home price in San Tan Valley, Arizona?
The median home price in San Tan Valley, Arizona is $371,122, higher than the Arizona average of $367,851.
What is the average home price in San Tan Valley, Arizona?
The typical home price in San Tan Valley, Arizona, reported as the median sale price, is $371,122. 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 San Tan Valley, Arizona?
The median gross rent in San Tan Valley, Arizona is $2,092 per month, higher than the Arizona average of $1,543.
What was the median gross rent in San Tan Valley in 2020?
In 2020, the median gross rent in San Tan Valley, Arizona was $1,444 per month.
What is the price-to-rent ratio in San Tan Valley, Arizona?
The price-to-rent ratio in San Tan Valley, 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 San Tan Valley.
Are home prices or rent rising faster in San Tan Valley, Arizona?
Both home prices and rent are rising in San Tan Valley, up about 10.7% and 7.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in San Tan Valley, Arizona?
75.6% of households in San Tan Valley, Arizona own their home, higher than the Arizona average of 60.3%.
What is the vacancy rate in San Tan Valley, Arizona?
The housing vacancy rate in San Tan Valley, Arizona is 8.6%, lower than the Arizona average of 10.6%.
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