DenisTangneyJr / iStock.comIt isn’t just retirees who are moving to Arizona these days.The state now draws people of all ages, seeking to escape to a place known for mostly mild winters and abundant sunshine. In its 2023 migration report, Allied Van Lines found that Arizona was No. 2 in popularity for people relocating to a new state, following a No. 1 ranking in its 2022 report.Read More: Housing Market 2024: Zillow Predicts 5 Hottest Home Trends That Homebuyers Will Be Looking ForFind Out: 6 Genius Things All Wealthy People Do With Their MoneyWhile Arizona real estate is less expensive than properties to the west in California, for example, the cost of buying a home in Arizona stands above the national average home value of $343,319. In Arizona, based on December 2023 values posted by Zillow, the average home value came in at $429,099.And in some cities, the price of real estate is skyrocketing. While the average home value across the country grew nearly 13% from December 2021 to December 2023, here’s a look at the 10 Arizona cities where home prices have increased by more than that over the same two-year period.DOUGBERRY / Getty Images/iStockphoto10. FlagstaffSponsored: Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.©Shutterstock.com9. Rio RicoDecember 2021 Home Value: $220,703December 2023 Home Value: $251,044($) 2-year Change in Home Value: $30,341(%) 2-year Change in Home Value: 13.75%Find Out: 5 Places in Florida Where Home Prices Are Still CheapDenisTangneyJr / Getty Images8. ScottsdaleDecember 2021 Home Value: $813,502December 2023 Home Value: $927,627($) 2-year Change in Home Value: $114,125(%) 2-year Change in Home Value: 14.03%©Shutterstock.com7. BisbeeDecember 2021 Home Value: $182,576December 2023 Home Value: $208,635($) 2-year Change in Home Value: $26,059(%) 2-year Change in Home Value: 14.27%©Shutterstock.com6. Cave Creek5. NogalesDecember 2021 Home Value: $175,563December 2023 Home Value: $201,825($) 2-year Change in Home Value: $26,262(%) 2-year Change in Home Value: 14.96%Tim Roberts Photography / Shutterstock.com4. Paradise ValleyDecember 2021 Home Value: $2,814,087December 2023 Home Value: $3,245,650($) 2-year Change in Home Value: $431,563(%) 2-year Change in Home Value: 15.34%Story continuesCheri Alguire / Shutterstock.com3. YumaDecember 2021 Home Value: $251,671December 2023 Home Value: $291,743($) 2-year Change in Home Value: $40,071(%) 2-year Change in Home Value: 15.92%Learn More: These 5 Cities Are Becoming Popular With Baby Boomers: Should You Consider Them for Your …
See the full Home Prices article, or, read more Arizona real estate investing news