What is the median home value in Paradise Valley, AZ?
The median value of owner-occupied homes in Paradise Valley, AZ is $2,000,000 or more, as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
Figures last updated on .
- Median home value
- $2,000,000 or more
- Owner-occupied homes
- 4,890 (±337)
- Most common range
- $1,000,000 or more
Home values in Paradise Valley
| Value | Paradise Valley | Maricopa County | Arizona | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.0% (±0.8 points) | 4.2% | 6.0% | 5.3% |
| $50,000 to $99,999 | 0.3% (±0.5 points) | 1.6% | 3.4% | 6.1% |
| $100,000 to $149,999 | 0.2% (±0.3 points) | 1.5% | 3.3% | 6.8% |
| $150,000 to $199,999 | 0.7% (±0.6 points) | 2.3% | 4.7% | 9.0% |
| $200,000 to $299,999 | 0.9% (±0.8 points) | 10.8% | 14.6% | 17.8% |
| $300,000 to $499,999 | 5.6% (±4.1 points) | 39.2% | 36.3% | 26.9% |
| $500,000 to $999,999 | 5.0% (±1.9 points) | 32.8% | 26.0% | 20.9% |
| $1,000,000 or more | 86.4% (±4.5 points) | 7.6% | 5.6% | 7.1% |
The most common range is $1,000,000 or more, 86.4% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Paradise Valley against Maricopa County, its state and the nation
| Paradise Valley | Maricopa County | Arizona | United States | |
|---|---|---|---|---|
| Median home value | $2,000,000 or more | $452,800 (±$1,398) | $394,500 (±$1,474) | $332,700 |
| Owner-occupied homes | 4,890 (±337) | 1,127,888 (±7,022) | 1,924,098 (±9,729) | 84,210,142 |
In Maricopa County, Paradise Valley ranks 1 of 32 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1 of 202.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median home value in places near Paradise Valley
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Paradise Valley | — | $2,000,000 or more | — |
| Phoenix | 7.5 mi | $420,700 (±$3,431) | — |
| Scottsdale | 11 mi | $789,800 (±$17,336) | — |
| Tempe | 11 mi | $455,400 (±$9,893) | — |
| Guadalupe | 13 mi | $271,300 (±$67,386) | — |
| Glendale | 13 mi | $387,500 (±$6,998) | — |
| Fountain Hills | 13 mi | $622,900 (±$24,020) | — |
| Mesa | 18 mi | $408,000 (±$4,349) | — |
| Tolleson | 18 mi | $306,400 (±$36,798) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Maricopa County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Paradise Valley | $2,000,000 or more |
| 2 | Carefree | $1,088,100 (±$67,315) |
| 3 | Cave Creek | $906,100 (±$79,304) |
| 4 | Scottsdale | $789,800 (±$17,336) |
| 5 | Rio Verde | $774,100 (±$87,637) |
| 6 | Citrus Park | $722,500 (±$98,354) |
| 7 | New River | $640,600 (±$31,709) |
Showing 7 of 32 places in Maricopa County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Paradise Valley
What is the average home value in Paradise Valley, AZ?
The Census Bureau publishes the median: $2,000,000 or more for owner-occupied homes in Paradise Valley (2020–2024 American Community Survey).
Is this what homes in Paradise Valley sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Paradise Valley town, Arizona
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Paradise Valley town, Arizona (place:52930, in state:04).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Paradise Valley
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- Fair Market Rent in Paradise Valley
- Arizona landlord and tenant rules
- Housing across Maricopa County
- Arizona places ranked by median home value
- Housing data for every place in Arizona