9 Best Arizona Suburbs To Buy Property in the Next 5 Years, According to Real Estate Agents
Written by
Laura Beck
Edited by
Gary Dudak
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Calling all desert dreamers and sun-seeking investors! If you’ve been eyeing the Grand Canyon State for your next real estate move, you’re not alone. Arizona’s booming, and we’re not just talking about the temperature!
GOBankingRates spoke with local real estate pros to get the inside scoop on which Arizona ‘burbs (or should we say “areas”) are hotter than a Phoenix sidewalk in August.
North Phoenix: The New Tech Hub?
Blair Ballin, a Realtor with 25 years of experience in Phoenix, is bullish on North Phoenix. “I am super hot on North Phoenix,” Ballin said. “The TSMC Factory is being built and is awesome for jobs, housing, the Community.”
So, if you’re looking to ride the tech wave and potentially see your property value soar, North Phoenix might be your ticket. Just don’t forget your sunscreen!
Gilbert and Chandler: Small-Town Charm, Big-City Amenities
If you’re dreaming of that Hallmark movie small-town feel (but with way better weather), Ballin suggests looking east. “Gilbert and Chandler are super desirable,” he said. He shares that they both have wonderful schools, Gilbert has parks, and both have smalltown feel. That said, there is a fun downtown with bars, restaurants, and shops.
Sounds like the perfect place to sip a margarita while pretending you’re in a quaint New England village, right?
Arcadia: For the Cool Kids
Want to be where the action is? Ballin’s got you covered. “Arcadia will always be popular,” he shared. He added that it’s close to the Airport, smaller local shops, the Canal for running trails. and just has a fun vibe.
Perfect for those who want to jog off their tacos before jetting off to their next adventure!
Peoria/Surprise/Glendale: Sports and Suburbia
For those who like their suburbs with a side of touchdowns, Ballin recommends the west side. “Peoria/Surprise/Glendale are solid choices,” he said. “Mostly all good districts for schools. Close to Westgate, where the Cardinals play, and they have concerts.”
He adds that it’s closer to Lake Pleasant if you enjoy boating and water activities.
Ahwatukee: Family Paradise
Last but not least, Ballin gives a shoutout to Ahwatukee. “Always a super solid hot area, especially for families,” he said. He added that it’s great for hiking, shopping, golf, and that the mountain views are “awesome.”
And if you’re looking for a place to raise kids, Ballin says Ahwatukee is “very family driven.”
Sounds like the perfect place to raise kids… or your golf game!
The West Side Story: A Growth Explosion
But wait, there’s more! Melissa Dierks, Realtor, CMRS, managing partner, and team founder at RE/MAX Fine Properties, thinks the west side is where it’s at.
“West Valley communities are experiencing massive commercial and residential growth as entertainment and employment offerings flood the area,” Dierks said. She added, “The West Valley is projected to grow by more than 50% over the next 25, and comprise 43% of growth in all of Maricopa County.”
Dierks highlights five west-side cities to watch:
1. Buckeye: Median listing price of $439,990
2. Goodyear: Median listing price of $525,000
3. Peoria: Median list price of $617,995
4. Phoenix: Median price of $559,900
5. Surprise: Median price of $486,995
Why the West Side Boom?
Dierks explains the appeal. “Proximity to desirable amenities like Desert Diamond Casino, Westgate, VAI Resort and the Cardinals Stadium make the West Valley desirable to Gen Z and millennial-aged homebuyers, as does the affordability of the area.”
So, if you’re looking for a place where you can catch a game, hit the casino, and still afford avocado toast, the West Valley might be calling your name!
The Final Word
Whether you’re drawn to the tech boom in North Phoenix, the small-town charm of Gilbert and Chandler, or the explosive growth of the West Valley, Arizona’s got something for every type of property buyer. Of course, you want to do your own research and consult your own experts in the area.
Happy house hunting, and may your future Arizona home be as solid as the Grand Canyon and as cool as a midnight dip in Lake Havasu!
More From GOBankingRates
