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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Glendale, AZ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Glendale, AZ Housing Market Trends

With 252,136 people, 83,956 houses or apartments, and a median cost of homes of $348,567, Glendale real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Glendale, accounting for 59.45% of the city's housing units. Other types of housing that are prevalent in Glendale include large apartment complexes or high rise apartments ( 23.87%), duplexes, homes converted to apartments or other small apartment buildings ( 5.99%), and a few mobile homes or trailers ( 5.62%).

The most prevalent building size and type in Glendale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.99% owning and 45.01% renting.

There is a lot of housing in Glendale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Glendale built between 2000 and later ( 15.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.53%). There's also some housing in Glendale built before 1939 ( 1.17%).

Glendale Home Appreciation Rates

In the last 10 years, Glendale has experienced some of the highest home appreciation rates of any community in the nation. Glendale real estate appreciated 176.09% over the last ten years, which is an average annual home appreciation rate of 10.69%, putting Glendale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Glendale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Glendale appreciation rates have trailed the rest of the nation. In the last twelve months, Glendale's appreciation rate has been -9.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glendale were at 2.26%, which equates to an annual appreciation rate of 9.36%.

Relative to Arizona, our data show that Glendale's latest annual appreciation rate is lower than 80% of the other cities and towns in Arizona.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Glendale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glendale - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Glendale real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$348,567

Glendale, AZ Home Prices
> $1,502,000
$1,127,001 - $1,502,000
$751,001 - $1,127,000
$601,001 - $751,000
$451,001 - $601,000
$300,001 - $451,000
$150,001 - $300,000
$75,001 - $150,000
$0 - $75,000
0.6%
0.6%
0.7%
0.7%
4.3%
4.3%
6.1%
6.1%
17.0%
17.0%
33.9%
33.9%
25.8%
25.8%
3.0%
3.0%
8.5%
8.5%
0% 100.0%
% of Homes
High

for Arizona

High

for nation

Number of Homes And Apartments:

83,956

Glendale Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,563 / per month

Homeownership Rate

Owners
Renters
Vacant
55.0%
55.0%
45.0%
45.0%
6.1%
6.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.6%
15.6%
71.7%
71.7%
11.5%
11.5%
1.2%
1.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
59.5%
59.5%
4.9%
4.9%
6.0%
6.0%
23.9%
23.9%
5.6%
5.6%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
13.1%
13.1%
21.8%
21.8%
35.6%
35.6%
21.9%
21.9%
4.8%
4.8%
0% 100.0%
% of Homes