14 Arizona Cities Where Home Prices Are Skyrocketing

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Retirees have long flocked to Arizona for its affordable cost of living and mild winters, and the state has seen a large population boom in recent years. From 2010 to 2020, Arizona's population grew by nearly 12%, moveBuddha reported.

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Although Arizona is still a relatively affordable state, it has experienced a rise in home prices as its population has grown. MoveBuddha identified the fastest-growing cities in Arizona, as well as how much home prices have risen in these cities in recent years. Here's a look at the 14 cities where home prices have increased by more than 50% from 2020 to 2022.

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

14. Scottsdale, Arizona

  • Population growth from 2010 to 2020: 21%

  • Average home value in 2020: $613,733

  • Average home value in 2022: $924,043

  • Increase in home value from 2020 to 2022: 51%

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13. Gilbert, Arizona

skibreck / Getty Images/iStockphoto
skibreck / Getty Images/iStockphoto

12. Goodyear, Arizona

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11. Cave Creek, Arizona

EuToch / Getty Images/iStockphoto
EuToch / Getty Images/iStockphoto

10. Litchfield Park, Arizona

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9. Surprise, Arizona

nwinter / Getty Images/iStockphoto
nwinter / Getty Images/iStockphoto

8. Apache Junction, Arizona

PaulMcKinnon / Getty Images
PaulMcKinnon / Getty Images

7. Carefree, Arizona

Chris English / Wikimedia Commons
Chris English / Wikimedia Commons

6. Youngtown, Arizona

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Cavan Images / Getty Images/iStockphoto

5. Casa Grande, Arizona

John Clay / Shutterstock.com
John Clay / Shutterstock.com

4. Queen Creek, Arizona

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Obeezyjay / Shutterstock.com

3. Buckeye, Arizona

tonda / Getty Images/iStockphoto
tonda / Getty Images/iStockphoto

2. Tolleson, Arizona

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Eun Kim / Getty Images/iStockphoto

1. Guadalupe, Arizona

This article originally appeared on GOBankingRates.com: 14 Arizona Cities Where Home Prices Are Skyrocketing