Arizona Real Estate Investor Update For November 2026
Last Updated November 5, 2026 · Reviewed by Andrew Berman, CEO of National Mortgage Professional.
At A Glance
Local Market Callout: Among Arizona's largest metros, Lake Havasu City posted the strongest home value change over the past year (+2.0%), while Tucson posted the weakest (-1.8%). Falling values in Tucson can mean better entry prices. Yuma led rent growth at +3.5%.
What It Means For Investors: Rents are rising faster than home values, so the rent is doing more of the work to cover the payment. That's good news for DSCR deals. Softer values statewide can open the door to discounted purchases for investors who buy carefully.
Sources: Zillow Home Value Index and Observed Rent Index (September 2026 data).
Read the full Arizona Real Estate Investor Update For November 2026 →Value Trend
The typical Arizona home is worth about $416,733, -1.0% over the past year, per the Zillow Home Value Index.
Rent Trend
Typical rent across Arizona's largest metros is about $1,543 a month, +2.0% over the past year, per the Zillow Observed Rent Index.
Inventory
Inventory data was not available for this edition.
Top Metros
| Metro | Typical Value | Value YoY | Typical Rent | Rent YoY |
|---|---|---|---|---|
| Phoenix | $441,097 | -1.1% | $1,720 | +1.0% |
| Tucson | $335,747 | -1.8% | $1,488 | +1.6% |
| Lake Havasu City | $349,800 | +2.0% | $1,540 | +2.0% |
| Yuma | $276,761 | +0.4% | $1,424 | +3.5% |
Local Market Callout
Among Arizona's largest metros, Lake Havasu City posted the strongest home value change over the past year (+2.0%), while Tucson posted the weakest (-1.8%). Falling values in Tucson can mean better entry prices. Yuma led rent growth at +3.5%.
What It Means For Investors
Rents are rising faster than home values, so the rent is doing more of the work to cover the payment. That's good news for DSCR deals. Softer values statewide can open the door to discounted purchases for investors who buy carefully.
Sources
- Zillow Home Value Index (ZHVI)
- Zillow Observed Rent Index (ZORI)
- Zillow data month: 2026-09. Redfin data month: n/a.