Buying a home in Arizona

Property taxes, transfer taxes, home values and first-time buyer help in Arizona.

Effective property tax rate

0.48%

Median tax $1,879 ÷ median value $394,500 (ACS 2020–2024)

Typical home value

$417,990

Zillow ZHVI, 2026-08

State transfer tax

0.0%

Usually paid by: none. Ariz. Const. art. IX, § 24; A.R.S. § 11-1132 (deed/affidavit $2 fee); A.R.S. § 11-475 (recording fees). Official source. Local taxes may add more.

Estimated buyer closing costs Estimate

$3,300–$5,100

On a $417,990 home: typical lender fees + title insurance + deed recording (TallyClose) + the buyer’s share of transfer/recording taxes. Excludes prepaids, escrow and local taxes.

At Arizona's effective rate of 0.48%, a typical $417,990 home would owe about $2,006/year ($167/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

Arizona Department of Housing

Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Arizona Department of Housing →

Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-10-15.