Paradise Valley, AZ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Paradise Valley, AZ is $6.20M, up 44.2% year-over-year. Homes sell in an average of 38 days with 233 active listings. The market is currently a buyer's market.
$6.20Mmedian sale price
Is Paradise Valley a buyer's or seller's market?
Paradise Valley, AZ is currently a buyer's market, based on 8.3 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
38
Average pace
Active listings
233
8.3 months supply
Sale-to-list
96.6%
Below asking
Paradise Valley, AZ market data
| Metric | Value |
|---|---|
| Median sale price | $6.20M |
| Median list price | $5.50M |
| Year-over-year price change | +44.2% |
| Average days on market | 38 days |
| Active inventory | 233 listings |
| Months of supply | 8.3 months |
| Sale-to-list price ratio | 96.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Paradise Valley housing market is currently classified as a buyer's market with a median sale price of $6.20M. Prices have risen 44.2% compared to last year, with homes spending an average of 38 days on market, indicating 8.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Paradise Valley
There are currently 233 homes listed for sale in Paradise Valley, Arizona. The median listing price is $5.5M.
Active listings
233
Homes on market
Median list price
$5.5M
Avg. days on market
38
Days until sale
New this week
57
Newly listed
Top public schools in Paradise Valley
3 schools tracked · 1,351 students
The largest public schools serving Paradise Valley, 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.
Cherokee Elementary School
Grades PK-5 · 673 students
Kiva Elementary School
Grades PK-6 · 562 students
Montessori Academy
Grades K-8 · 116 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Paradise Valley?
The median home sale price in Paradise Valley is $6.20M, up 44.2% from last year.
How long do homes stay on market in Paradise Valley?
Homes typically spend 38 days on market before going under contract.
Is Paradise Valley a buyer's or seller's market?
With 8.3 months of supply, Paradise Valley is currently a buyer's market.
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