Where Arizona cities rank among most affordable for homebuyers

By AZBigMedia

With the median home sales price having skyrocketed from $313,000 in the first quarter of 2019 to $416,900 in the first quarter of 2025, the personal-finance website WalletHub today released its report on 2025’s Most Affordable Cities for Home Buyers, as well as expert commentary. In order to determine the most affordable cities to buy a home, WalletHub compared 300 U.S. cities across ten key metrics. The data set ranges from the costs of homes and their maintenance to tax rates and vacancy rates.

Affordability of Phoenix for Home Buyers (1=Most Affordable; 150=Avg.):
136th – Housing Affordability 

146th – Maintenance Affordability

17th – Average Cost of Homeowner’s Insurance

147th – Cost of Living

176th – Cost per Square Foot

16th – Real-Estate Tax Rate

167th – Rent-to-Price-Ratio

19th – Median Home-Price Appreciation

147th – Quarterly Active Listings per Capita

155th – Vacancy Rate

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