In Less Than a Decade, You Won’t Be Able To Afford Homes in These 20 Arizona ZIP Codes

Arizona is becoming an increasingly popular state for people to move to, for its affordable cost of living and (mostly) temperate weather. Retirees have had the memo about Arizona for years, but more and more younger Americans have also been moving to the warm weather state.

The question is, will the state remain as affordable to live in now that more people are aware of it? The answer is maybe, depending on which ZIP codes you choose to buy a home in.

To find out which ZIP codes will be out of reach for the average American to buy a home in less than a decade, GOBankingRates took the overall U.S. median home value and projected its growth and decline over 10 years using Zillow’s April 2024-25 one-year forecast. This projection was then compared to the projections of the 86 ZIP codes in Arizona that currently have home prices below the national median, with those rising above the national average in the next 10 years being deemed “a place you could no longer afford.”

Read on to find out where you may want to avoid buying a home in Arizona.

• April 2024 home value: $322,395
• 1-year growth projection: 1.30%
• 2034 projected home value: $366,845

Pictured: Monument Valley

• April 2024 home value: $350,721
• 1-year growth projection: 0.70%
• 2034 projected home value: $376,060

• April 2024 home value: $336,191
• 1-year growth projection: 1.20%
• 2034 projected home value: $378,784

• April 2024 home value: $329,847
• 1-year growth projection: 1.40%
• 2034 projected home value: $379,046

• April 2024 home value: $331,185
• 1-year growth projection: 1.40%
• 2034 projected home value: $380,583

Pictured: Scottsdale

• April 2024 home value: $347,849
• 1-year growth projection: 1.10%
• 2034 projected home value: $388,064

• April 2024 home value: $335,116
• 1-year growth projection: 1.50%
• 2034 projected home value: $388,915

• April 2024 home value: $338,671
• 1-year growth projection: 1.40%
• 2034 projected home value: $389,186

• April 2024 home value: $336,321
• 1-year growth projection: 1.50%
• 2034 projected home value: $390,315

• April 2024 home value: $353,426
• 1-year growth projection: 1.00%
• 2034 projected home value: $390,402

Pictured: Glendale

• April 2024 home value: $347,332
• 1-year growth projection: 1.20%
• 2034 projected home value: $391,336

• April 2024 home value: $338,388
• 1-year growth projection: 1.50%
• 2034 projected home value: $392,713

• April 2024 home value: $329,341
• 1-year growth projection: 1.80%
• 2034 projected home value: $393,662

• April 2024 home value: $341,615
• 1-year growth projection: 1.50%
• 2034 projected home value: $396,459

• April 2024 home value: $345,137
• 1-year growth projection: 1.50%
• 2034 projected home value: $400,545

• April 2024 home value: $355,524
• 1-year growth projection: 1.20%
• 2034 projected home value: $400,566

Pictured: Scottsdale

• April 2024 home value: $358,911
• 1-year growth projection: 1.20%
• 2034 projected home value: $404,382

• April 2024 home value: $343,980
• 1-year growth projection: 1.70%
• 2034 projected home value: $407,139

• April 2024 home value: $329,698
• 1-year growth projection: 2.80%
• 2034 projected home value: $434,558

Pictured: Tuscon

• April 2024 home value: $358,364
• 1-year growth projection: 2.30%
• 2034 projected home value: $449,864

Pictured: Lake Havasu

Methodology: GOBankingRates took the overall U.S. median home value and projected its growth and decline over 10 years using Zillow’s April 2024-25 one-year forecast. This projection was then compared to the projections of the 86 zip codes in Arizona that currently have home prices below the national median, with those rising above the national average in the next 10 years (plus its projected growth rate over the same period) being deemed “a place you could no longer afford.” For each Arizona zip code over the next decade, GOBankingRates found the following factors: (1) year the Arizona zip code will become a “place you could no longer afford”; (2) projected home value for that year; and (3) US average projected home value for that year. NOTE: GOBankingRates does not expect growth in home value to stay stagnant at one current rate for the next decade, but using these constant figures gives us an idea where certain markets are heading without unforeseen market disruptors in the future. All data used to conduct this study was compiled and verified on May 29, 2024.