All Home Types
Paradise Valley, AZ Housing Market
What is the housing market like in Paradise Valley today?
In October 2024, Paradise Valley home prices were up 7.7% compared to last year, selling for a median price of $3.5M. On average, homes in Paradise Valley sell after 47 days on the market compared to 68 days last year. There were 15 homes sold in October this year, down from 25 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,500,000
+7.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Paradise Valley, AZ
$3,500,000
+7.7%
United States
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Paradise Valley Migration & Relocation Trends
In Sep '24 - Nov '24, 30% of Paradise Valley homebuyers searched to move out of Paradise Valley, while 70% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Paradise Valley from outside metros.
- Seattle homebuyers searched to move into Paradise Valley more than any other metro followed by Los Angeles and Dallas.
Where are people moving to Paradise Valley from?
- 70% of Paradise Valley homebuyers searched to stay within the Paradise Valley metropolitan area.
- Prescott Valley was the most popular destination among Paradise Valley homebuyers followed by Show Low and Flagstaff.
Where are people from Paradise Valley moving to?
Number of People Moving to Paradise Valley
least
most
People are moving to Paradise Valley from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 3,011 | ||
| 2 | 2,401 | ||
| 3 | 1,901 | ||
| 4 | 793 | ||
| 5 | 603 | ||
| 6 | 422 | ||
| 7 | 353 | ||
| 8 | 328 | ||
| 9 | 302 | ||
| 10 | 220 | ||
People are leaving Paradise Valley for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,339 | ||
| 2 | 762 | ||
| 3 | 671 | ||
| 4 | 157 | ||
| 5 | 138 | ||
| 6 | 137 | ||
| 7 | 128 | ||
| 8 | 125 | ||
| 9 | 79 | ||
| 10 | 77 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Paradise Valley.
Provided by First Street Foundation
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