Scottsdale AZ Real Estate Market
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Originally Posted On: https://exprealty.com/us/az/scottsdale/houses/
As a mature, established city, Scottsdale homes are some of the most expensive real estate in the Phoenix Metro Area. Mix that with high demand and low supply, and you can expect some bidding wars when shopping for Scottsdale homes for sale. However, there is a bright side; Arizona has a low property tax rate in comparison to the rest of the U.S. In addition, the amount that property taxes can increase annually is limited to 5%, which means when your property value significantly rises, your taxes won’t rise at the same rate.
Across the board, the median sale price for homes for sale in Scottsdale is $850,000. Scottsdale real estate market is primarily made up of single-family homes, which have a median sale price of $1.1M. Condos in Scottsdale will run you about $450K and townhomes for sale in Scottsdale sell for a median price of $614K. For the most affordable properties in Scottsdale, look in South Scottsdale for single-family homes that range between $300K and $500K.
Distance to Other Cities
- 18 miles – Mesa, AZ
- 31 miles – Phoenix, AZ
- 182 miles – Chandler, AZ
- 190 miles – Glendale, AZ
- 104 miles – Tucson, AZ
- 258 miles – Paradise, NV
Neighborhoods In Scottsdale AZ
Depending on whether you want to be close to all the action, have gorgeous views of desert mountains, or are looking for as affordable of an option as possible, Scottsdale has a great neighborhood for you. Check out these Scottsdale areas below and discover which one suits your needs the best.
Old Town Scottsdale
Old Town features all the coolest dining, shopping, and entertainment options along its busy streets. Known as the trendiest neighborhood in Scottsdale, Old Town is popular with college students and young couples and families. While this neighborhood sees a lot of action, the streets and parks that run through Old Town Scottsdale are well-kept and manicured, creating a scenic and active environment. There are more annual events in this section of Scottsdale than any other neighborhood, including Wine Walks, farmers markets, and the Arizona Indian Festival. Housing in Old Town Scottsdale features 3- to 4-bedroom detached homes, but the convenient location hikes the price tag up more than what you may find in South Scottsdale.
The historically charming neighborhood of South Scottsdale offers primarily single-story homes with 2-3 bedrooms that were built in the ‘60s and ‘70s. These homes are desirable for young families and couples on a budget, as many of them have had little to no renovations since their original construction. Homes in South Scottsdale are also ideal for home buyers who want a fixer-upper to work on throughout the years. However, affordable real estate isn’t the only thing drawing residents to South Scottsdale; this neighborhood has easy access to highways, a zoo, museums, parks, and the Arizona State University campus. With that said, South Scottsdale is the prime location for low-key, active living.
A highly walkable neighborhood made up of several small residential subdivisions, Central Scottsdale creates a community feeling unlike any other neighborhood in Scottsdale. Families gravitate toward Central Scottsdale because there are many master-planned communities here that feature spacious homes and yards. Central Scottsdale is also full of family-centered activities like mini-golf, movie theaters, shopping, and more, so there will always be something to do with the whole family. Many Central Scottsdale homes for sale are within walking distance of these cafes and amenities, so when buying a home here make sure to look at the hangout spots around it.
North Scottsdale is the neighborhood you’ll want to buy a home in if you enjoy taking advantage of Arizona’s natural beauty more than the urban amenities. Surrounded by the McDowell Mountains and the Tonto National Forest, homes for sale in North Scottsdale are known for being luxurious and exclusive. The farther North you travel, the more luxurious the price tag will be on homes for sale, with some homes ranging in the multi-millions. You definitely won’t be able to walk to coffee shops or the grocery store here, but you will have access to gorgeous desert landscapes and plenty of outdoor activities at your back door. Move quickly when buying a home in North Scottsdale, though, because these homes are rarely available long before selling.
Schools In Scottsdale AZ
Scottsdale has 61 schools that offer education for students in PreK through 12th Grade, with both private and public options to choose from. The Scottsdale Unified School District oversees these schools and prides itself on SAT scores that exceed the state and national averages. The state of Arizona participates in open enrollment, so you’re free to enroll your kiddos into whichever school suits your family best.
For higher education, the Greater Phoenix Metro Area has 3 renowned colleges and universities within city borders. Arizona State University is the number one ranked college in Arizona and has a campus in both Downtown Phoenix and Tempe, so Scottsdale residents don’t have to go far to receive top-notch education. In addition to ASU, Metro Phoenix also offers Maricopa Community College and Grand Canyon University.
FAQ About Scottsdale AZ Housing
What is the zip code for Scottsdale, Arizona?
The top Scottsdale zip codes are: 85250, 85251, 85254, 85255, 85257, 85258, 85259, 85260, 85262 and 85266
Where is the nearest commercial airport in Scottsdale, Arizona?
Scottsdale residents primarily use Phoenix Sky Harbor International Airport to fly domestically and internationally from Scottsdale.
What is the average household income in Scottsdale, Arizona?
The average household income in Scottsdale is $136,783, and the median household income is around $91,000 per year.
What county is Scottsdale, Arizona in?
Scottsdale is located in Maricopa County.
How far is Phoenix, Arizona from Scottsdale, Arizona?
Phoenix is located 13.2 miles west of Old Town Scottsdale.
Things To Do In Scottsdale AZ
We’ve mentioned that homes in Scottsdale has everything from natural beauty to urban activities, but how do you even begin to explore all that this sunshine city has to offer? Check out some of the local favorites below to start taking advantage of Scottsdale’s exciting amenities.
Shopping and Entertainment
- Scottsdale Center for the Performing Arts always has a riveting performance on the schedule, whether it’s music, plays, or comedians. The Scottsdale Center for Performing Arts provides a great night out for all ages, so make sure to keep an eye out for shows that appeal to you.
- Scottsdale Fashion Square has more than 200 shops and restaurants to browse through and is known as one of the best shopping complexes in the Phoenix Metro Area.
- Celebration of Fine Art features exciting rotating exhibits throughout the year that showcase every kind of art you could imagine.
- Talking Stick Resort offers a great time for both visitors and residents of Scottsdale, with a spa, golf course, and casino. Take a day with friends to relax or have some fun without having to go far from home.
- Scottsdale Xeriscape Garden is a wildlife habitat certified by the National Wildlife Federation and offers residents more than 7,000 desert plants to browse through. This is a beautiful landscape to learn something new about the flora and fauna that are local to Scottsdale.
- Fiesta Bowl Museum provides sports fanatics with an exciting museum honoring the Fiesta Bowl college football event. With information, history, and memorabilia scattered throughout the museum, football lovers will have a field day here.
- McDowell Sonoran Preserve is an outdoor conservation space that provides a plethora of hiking trails and views of Scottsdale’s gorgeous desert landscape. Keep your eyes peeled if you enjoy wildlife viewing; you never know when you’ll run into the reptiles and amphibians that call this preserve home.
Parks In Scottsdale AZ
- McCormick-Stillman Railroad Park is a retired railroad station that spans 40 acres. With train engine displays, a children’s playground, and mini train rides, this park has something to offer every member of the family.
- Pinnacle Peak Park offers adrenaline-pumping rock climbing and hiking experiences up to Pinnacle Peak. If you can stomach the steep climb, this 3,169-foot apex provides a breathtaking view of Scottsdale and beyond.
Living In Scottsdale AZ
Weather in Scottsdale
The sunny city of Scottsdale gets 299 days of sunshine per year and experiences very little annual rainfall. When living in Scottsdale, get ready to grow accustomed to high temperatures and a dry climate, with averages of 106°F in the peak of summer and 60°F during the coldest points of winter. Don’t let high temperatures scare you off, though; you can quickly get used to the heat by keeping water and sunscreen on you at all times.
One of the biggest reasons people are drawn to Scottsdale is because it has a consistently growing economy. The largest industries in Scottsdale are Scientific and Technical Services, Healthcare, and Finance, along with an ever-growing tourism industry. The average salary in Scottsdale is $66,000 and the following are known as some of the best companies to work for in Scottsdale:
- Meritage Homes
- Magellan Health
- Mayo Clinic
- Salt River Project
Medical Access in Scottsdale
You have a few different options for medical care in Scottsdale, mostly provided by HonorHealth. Here are the top 4 medical facilities in Scottsdale:
- HonorHealth Scottsdale Shea Medical Center (General medical and surgical care)
- HonorHealth Scottsdale Thompson Peak Medical Center (Offers emergency, medical, and surgical services with teaching facilities throughout the building)
- HonorHealth Scottsdale Osborn Medical Center (Full-service, 325-bed hospital in Scottsdale)
- Banner Behavioral Health Hospital (Offers psychiatric and behavioral services)
Transportation Around Scottsdale AZ
Scottsdale is car-centric, with Arizona State Route 101 (Loop 101) running through ¾ of the Phoenix Metropolitan Area. The Loop connects Scottsdale to Glendale, Peoria, Mesa, Tempe, and Chandler, and is easily accessible from every neighborhood in Scottsdale. For those who can’t stand to sit in traffic, you’re in luck! The average commute time in Scottsdale is less than 20 minutes. Between Scottsdale’s many office buildings and headquarters and the city’s proximity to Phoenix, nearly any day-to-day commute is quick and easy.
The Valley Metro buses offer a number of routes throughout the Phoenix Metro Area, but stops can be difficult to get to on foot. If you frequently depend on public transportation, we recommend searching for homes that are closest to Valley Metro stops.
The most commonly used airport for residents in the Phoenix Metro Area is the Phoenix Sky Harbor International Airport, located just 17 minutes from Old Town Scottsdale.
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