The Grand Canyon State is blessed with rich history, stunning scenery, and cultural diversity, making it a top choice for people looking for a change. Even with a cost of living 6% higher than the national average, Arizona has some of the lowest sales and property taxes in the country. It's also very business-friendly, so it's a smart place to tap into a new source of income.
It's not just the bigger cities booming in Arizona. Smaller cities and towns across the state are poised for growth in 2025. Knowing where prices are predicted to go up can be advantageous if you want to make a move before getting priced out. We asked local experts for their takes on which towns are about to skyrocket to help you make the right moves.
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The ultra-rich have also been investing in art from big names like Picasso and Bansky for centuries. And it's for a good reason: Contemporary art prices have outpaced the S&P 500 by 136% over the last 27 years.
A new company called Masterworks is now allowing everyday investors to get in on this type of previously-exclusive investment. You can buy a small slice of $1-$30 million paintings from iconic artists, all without needing any art expertise.
If you have at least $10k to invest and are ready to explore diversifying beyond stocks and bonds,see what Masterworks has on offer. (Hurry, they often sell out!)
Gilbert
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Once a dairy and agriculture hotspot, Gilbert is now one of the most popular suburbs in Arizona. Its highly-rated schools, abundance of entertainment options for all ages, and more reasonably-priced homes make it a great location for families.
As of February, the median sale price in Gilbert was around $585,000, more affordable than Scottsdale's $873,000. Luxury is also an option in Gilbert, with home prices hovering around $1.2 million — still more affordable than nearby markets.
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Flagstaff
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Those seeking a four-season climate and access to nature might consider Flagstaff.
"Due to its climate and quality of life, Flagstaff is a very desirable location," says D. Patrick Lewis, REALTOR® at Realty Executives in Phoenix and Regional Vice President at the National Association of REALTORS®. "It is also home to Northern Arizona University and has a few large employers." NAU brings diverse culture, culinary and entertainment options for all ages.
With median sale prices trending upward 13% year over year, buyers may benefit from moving quickly if they desire a life in Flagstaff.
Queen Creek
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This Phoenix suburb has kept its small-town charm amidst strong growth. Its housing market has balanced over the last year. As of February, median home values were hovering around $634,000, and median sale prices were around $640,000.
With a family-oriented, tight-knit community, A-rated schools, and a consistent calendar of events, Queen Creek remains a fine choice for families, professionals, and retirees alike.
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Secret: You don't need thousands of dollars to buy thousand-dollar stocks or create a diverse portfolio.
Robinhood offers a method of investing called “fractional shares.” On its own, one share of a single stock could cost a lot of money, making it difficult to diversify. Robinhood allows you to buy pieces of stock instead, so you have the option to build a diverse portfolio quickly.
Let’s say you want to invest $250, as an example.
With that amount, you could build a relatively diverse portfolio with an investment of $50 in a big tech stock, $50 in a retail stock, $50 in an energy stock, $50 in a manufacturing stock, and $50 in a bank.1 <p>This content is for informational purposes only, you should not construe any such information as legal, tax, investment, financial, or other advice. </p> <p>To get stock reward, new customers need to sign up, get approved, and link their bank account. Stock rewards shares cannot be sold until 3 trading days after the reward is granted and the cash value of the stock rewards may not be withdrawn for 30 days after the reward is claimed. Stock rewards not claimed within 60 days may expire. See full terms and conditions at <a href="https://robinhood.com/us/en/support/articles/open-account-pick-your-stock/">rbnhd.co/freestock</a>.</p> <p>Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities available through Robinhood are eligible for fractional share orders. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.</p> Robinhood Gold is offered through Robinhood Financial LLC and is a membership offering premium services available for a fee.</p>
Even better news? Add a Robinhood Gold membership, and you’ll get access to 4.00% (as of 12/27/24) APY2 <p>Annual Percentage Yield. Rate valid as of April 12, 2024. To earn interest, a cash balance is needed. If you have a margin balance, there is no cash balance to earn interest. Interest rates for cash sweep and margin investing can change at any time. Fees may reduce interest earnings.</p> on your uninvested cash3 <p>Interest is earned on uninvested cash swept from your brokerage account to partner banks. Partner banks pay interest on your swept cash, minus any fees paid to Robinhood. As of Nov 15, 2023, the Annual Percentage Yield (APY) that you will receive is 1.5%, or 5% for Gold customers. The APY might change at any time at the partner banks' or Robinhood's discretion. Additionally, any fees Robinhood receives may vary and are subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks.</p> <p>All investments involve risk and loss of principal is possible.</p> <p>Robinhood Financial LLC (member SIPC), is a registered broker dealer.</p> and the ability to buy and sell stocks 24 hours a day, 5 days a week.
Open and fund a Robinhood account and earn up to $200 in stock
Paradise Valley
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This ritzy residential suburb between Phoenix and Scottsdale has a small-town feel with access to city amenities.
With a median sale price of over $3.4 million, it's the richest municipality in the state, so it's not uncommon to find yourself neighbors with an Olympian, musician, or politician.
New construction drives the market in Paradise Valley, taking advantage of spacious lot sizes and potential for amazing natural views. Experts expect this market to continue to grow, so if you have money to spend, now would be a good time to get in.
Goodyear
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Just west of Phoenix, the town of Goodyear is poised for growth. With Fortune 500 companies bringing business to the area, the city is investing in infrastructure, housing, and development to help keep up its growth sustainably.
"Microsoft annexed a large portion of land to create a tech-driven city," says Lewis. "It has also seen a large population and job growth that seems poised to continue."
Housing supply is increasing month over month, many of which are new construction. The median sale price was $480,000 as of February 2025, so you're likely to get more home for your money in Goodyear.
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Chino Valley
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For a quieter, slower pace of life, northern towns like Chino Valley and Cottonwood are attractive choices.
"[Chino Valley and Cottonwood] are seeing large growth because they're both very affordable and have solid job markets," says Lewis. "They are great places for those that love the outdoors and want to be close to Phoenix but not located directly in the city."
Chino Valley is currently a seller's market. In February homes sold after 82 days, compared to 115 days a year ago. With homes moving faster and selling higher, hopeful homebuyers should act quickly if they want to snag a home at a good price.
Chandler
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Entertainment and recreation abound in Chandler, just outside of Phoenix. Golfers will appreciate easy access to seven championship courses. Downtown Chandler offers plenty to explore, from diverse restaurants, live music, a robust farmer's market, and local parks and green spaces.
With a median sale price of $535,000 in February, Chandler is a desirable suburb for those who want access to Phoenix's amenities with a lower price tag.
Show Low
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Located in the White Mountains, Show Low offers a family- and wallet-friendly lifestyle with scenic views and access to hiking and mountain biking.
More people are recognizing its potential, as its population has increased 14% since 2010.
Alongside its steady growth, typical home values increased 3% year-over-year, and median list price is trending down 5% year-over-year. Now may be the best time to secure a good deal before Show Low home prices skyrocket.
Bottom Line
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Whether you're moving for family or business, Arizona is an attractive option for many homebuyers. Its scenic landscapes, warm climate, and bustling communities have a lot to offer all year round.
If you're a retiree looking to maximize your retirement savings, Arizona may be a good place to spend your golden years. There's no estate or inheritance taxes, making it easier for retirees to keep more cash in their wallets.
Ark7 - Real Estate Investing Benefits
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- Ark7 investors have earned 5%+ annualized distributions from monthly income alone4 <p>The 5%+ return is the portfolio average and is based on figures since Q4 2022.</p>
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