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Sarah Mitchell

CNESRESABR

Compass Real Estate · Anthem, AZ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Anthem, AZ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Anthem, AZ Housing Market

Balanced market-1.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Anthem, AZ is worth $558,811, fell 1.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $520,000, -0.9% year over year (through May 2026). With 2.7 months of supply and homes going under contract in about 77 days, Anthem is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $558,811 home is about $2,983/mo in principal and interest.

Key numbers for Anthem, AZ

Typical home value

$558,811

-1.8% in 12 months

Zillow, August 2026

Typical asking rent

$2,474/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$520,000

-0.9% year over year

Redfin, through May 2026

Days on market

77

Slow-moving

Redfin, through May 2026

Active listings

156

2.7 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$117,846

Home costs 4.7x income

U.S. Census ACS, 2023

Sale-to-list ratio

97.5%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Anthem a buyer's or seller's market?

Balanced market2.7 months of supply77 days on market97.5% of asking

Anthem, AZ is a balanced market, based on 2.7 months of supply and homes selling in about 77 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Anthem housing market data show?

Every row below is Redfin's final published month for Anthem, AZ. Redfin, through May 2026

Housing market statistics for Anthem, AZ, Redfin through May 2026
MetricValue
Median sale price$520,000
Median list price$675,000
Year-over-year price change-0.9%
Median price per sq ft$265/sq ft
Median days on market77 days
Active inventory156 listings
Months of supply2.7 months
Sale-to-list price ratio97.5%
Homes sold (that month)58
New listings (that month)38
Listings with a price cut32.7%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Anthem is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Anthem is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Anthem home prices moved?

Over the last three years the median sale price in Anthem, AZ fell 3.4%, from $538,500 to $520,000. The live Zillow value series has fell 1.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 32.7% of Anthem listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.7 months while the sale-to-list ratio slips below its current 97.5%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Anthem?

Priced off the typical home value of $558,811 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Anthem, AZ
Down paymentCash at closeLoan amountMonthly P&I
20%$111,762$447,049$2,983/mo
5%$27,941$530,870$3,543/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,983, that implies roughly $127,853 a year before you add taxes and insurance. The median household in Anthem earns $117,846, about $10,007 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.7x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Anthem in the next 12 months?

Tell us your timeline. We send the Anthem market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Anthem?

Typical asking rent in Anthem, AZ is $2,474/mo, against a typical home value of $558,811. That is a price-to-rent ratio of 18.8x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,983 a month — $509 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Anthem?

Active listings in Anthem, AZ went from 195 in May 2025 to 156 in May 2026, a -20.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Anthem, AZ
MonthActive listingsNew listings
June 202516944
July 202515743
August 202513737
September 202513849
October 202515258
November 202515739
December 202514729
January 202616562
February 202617956
March 202619667
April 202619455
May 202615638

Redfin, through May 2026

How does Anthem compare to Arizona and the U.S.?

Anthem homes sell for $520,000 — 15% above the Arizona median of $453,800. Against the national median of $410,700, Anthem runs 27% higher. Year-over-year, Anthem moved -0.9% against Arizona's +0.5% — a bigger swing than the state as a whole.

Anthem, AZ compared with Arizona and the United States
MarketMedian sale priceYoYDays on market
Anthem, AZ$520,000-0.9%77 days
Arizona statewide$453,800+0.5%62 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Anthem

What buyers should watch

  • Months of supply, currently 2.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 32.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $559 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $558,811 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Anthem listing goes under contract in 77 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 97.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Anthem added 38 new listings against 58 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved -1.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Anthem varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Anthem

There are currently 156 homes listed for sale in Anthem, Arizona. The median listing price is $675K.

Active listings

156

Homes on market

Median list price

$675K

Avg. days on market

77

Days until sale

New this week

38

Newly listed

Price drops:32.7%of listings
Sale-to-list:97.5%

How much do homes cost in Anthem by property type?

How the Anthem, AZ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Anthem, AZ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$520,000$266/sq ft5576 days
Townhouse$302,000$234/sq ft3126 days

Who lives in Anthem?

American Community Survey estimates for Anthem. U.S. Census ACS, 2023

Population

22,622

Households

8,652

Median income

$117,846/yr

Median age

44.5 years

Owner-occupied

84.4%

Median home value

$516,200

Median gross rent

$2,258/mo

Mean commute

26.5 min

84.4% of occupied homes in Anthem are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $516,200 against Zillow's $558,811 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,258/mo, below Zillow's $2,474/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Anthem?

7 schools tracked · 4,997 students

The largest public schools serving Anthem, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Boulder Creek High School

Grades 7-12 · 2,297 students

Public

Canyon Springs STEM Academy

Grades PK-8 · 787 students

Public

Diamond Canyon School

Grades PK-8 · 737 students

Public

Gavilan Peak School

Grades PK-8 · 533 students

Public

Anthem School

Grades PK-8 · 426 students

Public

AMCS at Anthem dba Caurus Academy

Grades K-12 · 214 students

Charter

West-MEC - Boulder Creek High School

Grades 9-12 · 3 students

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Anthem, AZ?

Ordered by distance from Anthem, not by size. Compare Anthem side by side with any of them.

Anthem housing market FAQ

Is Anthem a buyer's or seller's market?

Anthem, AZ is currently a balanced market. That read comes from 2.7 months of supply, homes going under contract in about 77 days, and sellers getting 97.5% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Anthem?

The typical home in Anthem, AZ is worth $558,811 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $520,000, about $265 per square foot.

Is Anthem cheaper than the rest of Arizona?

Anthem's median sale price of $520,000 is 15% higher than the Arizona statewide median of $453,800, and 27% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Anthem?

Homes in Anthem, AZ spent a median of 77 days on market before going under contract, versus 62 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Anthem?

At the current 30-year fixed rate of 7.03%, 20% down on a $558,811 home is about $2,983 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $127,853 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $117,846.

Are home prices rising in Anthem?

The typical home value in Anthem, AZ fell 1.8% over the last 12 months, from $568,854 to $558,811 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Anthem?

Anthem ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Anthem?

That depends on your timeline, not on a headline. What the data says today: Anthem, AZ is a balanced market with 2.7 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.8x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $558,811, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.