Scottsdale Housing Market 2026: Home Prices, Trends & Timing

If you’re wondering what’s really happening in the Scottsdale housing market in 2026, you’re not alone. Buyers want to know if Scottsdale home prices are finally easing, sellers are asking if it’s still a good time to list, and homeowners just want a clear picture of where values stand.

Let’s break down the Scottsdale real estate market using real numbers and local data, so you can clearly see what’s happening and how today compares to recent years.

Where Home Prices Stand in 2026

As of early to mid-2026, Scottsdale home prices remain well above pre-2020 levels, but growth has slowed significantly. According to data from ARMLS, Zillow, and Redfin:

• The median sale price in Scottsdale is hovering around $830,000–$860,000, depending on the month and data source.

• That’s roughly 2–4% higher year-over-year, compared to double-digit annual growth during the 2020–2022 boom.

• Compared to 2019, prices are still up 40–50%, showing how much appreciation has already been built in.

By property type:

• Single-family homes remain the strongest segment, with median prices typically $875,000+, especially in North Scottsdale and larger-lot neighborhoods.

• Condos and townhomes are generally selling in the $450,000–$600,000 range, with pricing more sensitive to HOA costs and competition.

• Luxury homes ($2M+) continue to sell, but days on market are longer, and buyers are negotiating more aggressively.

In short, prices have leveled out, not fallen off a cliff.

How Fast Are Homes Selling?

One of the biggest changes buyers and sellers notice in 2026 is speed.

• The average days on market in Scottsdale is now around 45–60 days.

• During the peak frenzy in 2021–2022, that number was often under 20 days.

• Roughly 35–45% of listings are seeing at least one price reduction before going under contract.

Homes that are priced correctly and in move-in-ready condition still sell, but patience matters more than it used to.

Is it a Buyer’s or Seller’s Market?

By traditional measures, Scottsdale in 2026 is a balanced market.

• The city is averaging 4–5 months of housing inventory.

• A strong seller’s market is typically under 3 months.

• A buyer’s market usually starts above 6 months.

This middle ground explains why:

• Sellers no longer control every term

• Buyers aren’t getting deep discounts across the board

• Negotiation is back on both sides

Year-by-Year Comparison

This snapshot provides a quick look at how Scottsdale home prices, market speed, and inventory have changed over the last five years.

Inventory & Buyer Activity

Inventory has steadily improved compared to the post-pandemic shortage.

• Active listings are up approximately 20–25% compared to 2023.

• New listings are entering the market at a healthier, more seasonal pace.

Buyer activity remains steady:

• Cash buyers still account for roughly 30–35% of Scottsdale sales, higher than the national average.

• Second-home and seasonal buyers remain active, especially in North Scottsdale.

• Primary residence buyers are more rate-sensitive and price-conscious.

Mortgage rates, while higher than historic lows, have stabilized compared to the volatility of prior years giving buyers more confidence to plan.

What Sellers Need to Know 

The data makes one thing clear: pricing strategy matters.

Homes priced within 2–3% of market value are more likely to sell within 30–45 days. Overpriced homes may sit 60–90+ days and require reductions. Homes that are updated and move-in-ready consistently outperform fixer-uppers in both price and time on market..

Sellers who prepare properly and price based on current comps not peak-market memories are still achieving solid results.

What Buyers Should Expect

From a buyer’s perspective, 2026 offers conditions that feel far more normal.

Buyers can expect:

Fewer bidding wars (multiple offers are now the exception, not the rule). More inspection negotiations and repair requests being accepted. Seller concessions appearing more often, especially on longer-listed homes

Well-priced homes still move, but buyers have time to think, compare, and negotiate.

Long-Term Market Fundamentals

Even with slower growth, Scottsdale’s fundamentals remain strong:

• The Phoenix metro area continues to see steady job growth, particularly in tech, healthcare, and finance.

• Scottsdale remains one of Arizona’s most desirable locations for second homes and retirement buyers.

• Limited land availability in many established neighborhoods helps support long-term values.

These factors help explain why prices have stabilized rather than dropped sharply.

What This Means for You Right Now

The Scottsdale housing market rewards realistic expectations and smart decisions.

• Sellers can still sell well, but need accurate pricing and strong presentation.

• Buyers have leverage, but must move decisively on the right homes.

• Homeowners are seeing value stability rather than rapid swings.

Understanding how these citywide trends apply to your specific neighborhood and price range is key—and that’s where local data truly matters.

Overall Scottsdale Housing Market Summary (2026)

This table provides a concise, high-level summary of the Scottsdale housing market for 2026, highlighting key trends and takeaways for buyers, sellers, and homeowners.

Ready to Find Your Scottsdale Home?

From desert retreats to vibrant downtown condos, Scottsdale offers options for every lifestyle. Whether you’re looking for a primary residence, a vacation home, or an investment property, working with a local expert ensures you find the right fit.

Frequently Asked Questions

1. What is the median home price in Scottsdale in 2026?

The median home price ranges between $830,000 and $860,000, depending on neighborhood and property type.

2. Is the Scottsdale housing market a buyer’s or seller’s market?

2026 is a balanced market, with about 4–5 months of housing inventory, giving both buyers and sellers leverage.

3. How long are homes taking to sell?

The average days on market is around 45–60 days, longer than the peak frenzy of 2021–2022.

4. Are home prices increasing or stabilizing?

Home prices have stabilized, with modest year-over-year gains of 2–4%, compared to rapid growth earlier in the decade.

5. What types of buyers are active in Scottsdale?

Cash buyers account for about 30–35% of sales, and both second-home buyers and primary residence buyers are active, though primary buyers are more rate-sensitive.

6. Should I sell or wait if I own a home in Scottsdale?

Sellers can still achieve good results if homes are priced within 2–3% of market value and properly prepared. Overpriced homes may stay on the market longer.