Is it a good time to pursue homeownership in Arizona?

By Colton Krolak | KTAR

Many Arizonans put the American dream of homeownership on hold as prices and mortgage rates skyrocketed in recent years.

Is now a good time to buy a home? Experts say anyone thinking about taking the plunge needs to take multiple factors into consideration.

The median sale price of a single-family home in Arizona has gone up more than 50% in the last five years, jumping from $302,000 to more than $470,000 from February 2020 to February 2025, according to real estate company Redfin.

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April 17, 2025

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Is it a good time to pursue homeownership in Arizona?

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