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Preforeclosure Homes in Paradise Valley, AZ 85253

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Paradise Valley, AZ Foreclosures

How much do homes sell for in Paradise Valley, AZ?
The average home price is currently $3,850,246.
In Paradise Valley, AZ, how many homes are available?
There are currently 7 active home listings available in Paradise Valley.
What’s the average rental cost in Paradise Valley, AZ?
The average rental price in Paradise Valley is $3,769.
What is the most expensive home in Paradise Valley?
The most expensive home sold in Paradise Valley had a price of $42,573,408.
What is currently the cheapest priced home in Paradise Valley, AZ?
The cheapest home for sale in Paradise Valley is priced at $36,035.

Living in Paradise Valley, AZ

Paradise Valley, AZ, is a luxurious suburb of Phoenix characterized by its beautiful desert scenery and exclusive residential communities. Known for its high-end real estate and affluent lifestyle, the area offers residents a rich selection of amenities, top-tier schools, and premier recreational options. It's a sought-after location for those seeking a peaceful yet opulent environment.

Current Market Conditions in Paradise Valley, AZ

The real estate market in Paradise Valley continues to thrive, with a notable increase in demand for luxury homes. Over the past year, prices have seen significant appreciation due to limited inventory and the appeal of the town's exclusive lifestyle. High-net-worth individuals are driving this trend, making it a competitive market for buyers.

In recent months, the Paradise Valley housing market has observed a steady influx of buyers looking for second homes and investment properties. The increasing popularity of remote work has spurred interest in homes that offer space and privacy, leading to a surge in home values and an uptick in new construction projects.

Home Value Estimator For Paradise Valley, AZ

There are currently 7,392 real estate properties in Paradise Valley, AZ, with a median automated valuation model (AVM) price of $3,412,957.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paradise Valley, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Paradise Valley, AZ, is $3,850,246.00, with the most expensive house in Paradise Valley, AZ, topping out at $42,573,408.00 and the cheapest home in Paradise Valley, AZ, clocking in at $36,035.00. In other words, there’s something for every potential homebuyer or savvy investor in Paradise Valley, AZ!

Rent Prices In Paradise Valley, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paradise Valley, AZ, is on a rollercoaster ride. The average rent price in Paradise Valley, AZ, is $3,769.00. Indeed, when looking to rent in Paradise Valley, AZ, you can expect to pay as little as $960.00 or as much as $4,960.00, with the average rent median estimated to be $4,060.00. The good news is that finding an affordable and desirable property to rent in Paradise Valley, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Paradise Valley, AZ 85253 Preforeclosure Homes


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