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Greenlee County, AZ housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$158,270−10.3% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 36% have cut their price
Income needed to buy, per year$34,310About 0.4× the local median income ($84,148): affordable for a typical household
Days on market94 daysFaster than a year ago: sellers have the edge

The typical home in Greenlee County, AZ is worth $158,270, down 10.3% from a year ago. That is well below what local incomes have historically supported: fair value is about $232,101, so the area is 31.8% undervalued. It is a buyer's market: homes take about 94 days to sell, listings are up 67% from a year ago, 36% of listings have had a price cut. A household needs about $34,310 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,148. In the latest IRS figures, 22 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K20202025
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$158,270
Change in 1 year−10.3%
Overvalued %−31.8%
Show 6 more
Fair home value$232,101
Change in 5 years−25.5%
Home value to income1.9×
Monthly mortgage payment (20% down)$858
Income needed to afford it$34,310
Property tax rate0.33%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,043

Market activity

Listings vs a year ago+66.7%
Days on market94
Listings with a price cut36.4%
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Homes for sale10
Pending sales per 100 listings10
Asking price per sq ft$156

People and jobs

Median household income$84,148
Population change (1 year)−0.2%
Unemployment rate2.3%
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Population9,312
Income adjusted for cost of living$102,996
Net moves in (IRS)−22
Cost of living (US = 100)81.7

Schools, risk and environment

School rating (1 to 10)7.2
FEMA hazard risk score (0 to 100)12.4
Flood risk score29.6
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Wildfire risk score82.5
Walkability (1 to 20)3.7
Road, rail and air noise55 dB

Questions people ask

Is Greenlee County, AZ overvalued?
Home prices in Greenlee County, AZ are well below what local incomes have historically supported: fair value is about $232,101, so the area is 31.8% undervalued.
Is Greenlee County, AZ a buyer's or seller's market?
Greenlee County, AZ is a buyer's market: homes take about 94 days to sell, listings are up 67% from a year ago, 36% of listings have had a price cut.
Are home prices going down in Greenlee County, AZ?
Home values in Greenlee County, AZ are down 10.3% over the last year.
How much do you need to earn to buy a home in Greenlee County, AZ?
A household needs about $34,310 a year to afford the typical home in Greenlee County, AZ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,148.

Nearby and similar counties

ZIP codes in Greenlee County (open on the map)

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