Maricopa Maintains Its Crown as the Affordable Housing Capital

The Villages at Rancho El Dorado in Maricopa have become a focal point for homebuyers in recent years. Since its incorporation over 20 years ago, Maricopa has attracted residents seeking a quieter lifestyle, away from the fast pace of Phoenix.

Housing affordability plays a significant role in this ongoing attraction. Currently, home prices in Maricopa typically range from 15% to 30% lower than those in comparable cities in the Valley. This could translate to monthly savings between $400 and $800 on mortgage payments for homeowners.

The average sales price in Maricopa now stands at $380,000, notably cheaper than nearby Buckeye, where homes average $465,000. Both cities offer about a 40-minute commute to Phoenix, making them appealing alternatives for commuters.

In comparison, Surprise and Goodyear have higher average home prices at $474,900 and $489,700, respectively. The disparities grow larger when considering Tempe and Chandler, with average prices over $536,000, positioning Maricopa as around 30% more affordable.

Within Pinal County, Maricopa is slightly costlier than Casa Grande, which sits at an average of $370,000. However, regions like Eloy and Florence present even more budget-conscious options, with homes averaging in the mid $200,000s.

Arizona City, known for its rural atmosphere, has an average home price around $300,000, making it another option for those seeking affordability. Maricopa, once home to just 1,668 residents, has experienced significant growth, now boasting a population nearing 75,000.

While the city has evolved, its appeal in housing prices remains steadfast. With its location and amenities, Maricopa continues to represent the best deal for housing in the region, a trend that has persisted for two decades.

Dayv Morgan, a local Realtor and owner of HomeSmart Premier, emphasizes the ongoing opportunities in the area as Maricopa maintains its status as an attractive place to live.