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Paradise Valley

Paradise Valley

$4,394,826 Average Value
$937 Average Price per Sq Ft
162 Homes For Sale

Sonoran Desert opulence, just north of Scottsdale

Just east of the Phoenix mountains and surrounded by the Sonoran Desert, Paradise Valley lures celebrities and the simply wealthy with its luxury estates, golf courses and sense of seclusion. Eleven miles north of Scottsdale, Paradise Valley is the most affluent town in Arizona, with home prices that soar to the multi-millions. “This is strictly luxury living, surrounded by everything," says Seyoue Sims, a Realtor with DeLex Realty, who sells luxury homes in the area. "And that’s kind of the draw. You’re not in the urban hustle and bustle, but you have access to it close by." Year-round sunny weather attracts both full- and part-time residents. “Someone may have a second home here that’s 15,000 square feet that they only visit maybe two months out of the year,” says Sims.

Paradise Valley offers a quiet neighborhood feel to its residents.
Paradise Valley offers a quiet neighborhood feel to its residents.
Paradise Valley Country Club has well-maintained grounds.
Paradise Valley Country Club has well-maintained grounds.
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Pricey estates for the ultra-wealthy

At the start of 2025, Paradise Valley's median home price is $3.5 million, vastly higher than the national median and Scottsdale's roughly $863,000. The sprawling estates here are generally custom-built or architect-designed and set on multiple manicured acres with infinity pools, tennis courts and more. While many estates cost between $1.5 million and $9 million, those set on the slopes of Mummy Mountain, Camelback Mountain and Piestewa Peak tend to range from $10 million to $25 million. Because of their high price tags, estates here can sit on the market for a long time, waiting for a very specific buyer. “I had a seller list a house for about $26 million, and it sat on the market for six years,” Sims says. “It had its own nightclub, which doubled as a panic room with two bank vault doors. It had a full movie theater with a lobby and a ticket booth, and every child had their own master bathroom.”

More modest single-family homes are also available here, often built between the mid- to late 20th century, with prices ranging from about $750,000 to $1 million. Townhomes and condos built between the late 20th century and the 2010s tend to have access to a community pool, and cost between roughly $400,000 and $700,000. Many of these relatively less expensive homes are set in gate-guarded communities.

Paradise Valley's zoning laws call for large lots in order to preserve its low-density housing scene and limit the possibility of commercial development. With increasingly limited parcels of land available in Paradise Valley’s roughly 15 square miles, it’s common for buyers to purchase an older home just for the lot with the intention of tearing it down to build a new one.

Large luxury modern homes are prevalent in Paradise Valley.
Large luxury modern homes are prevalent in Paradise Valley.
Single family homes sit safely behind sidewalks in Paradise Valley.
Single family homes sit safely behind sidewalks in Paradise Valley.
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Top-rated public and private schools

Paradise Valley is zoned for Scottsdale Unified School District, which Niche rates an overall A. The district serves over 20,000 students across its 29 school campuses and one online high school. Highly rated private schools in the area include Phoenix Country Day and Brophy College Preparatory, both rated A-plus by Niche, which names them the No. 1 and No. 2 private school in Arizona, respectively.

Larkspur Elementary serves the students of Paradise Valley.
Larkspur Elementary serves the students of Paradise Valley.
Send your children to the James Lee Childhood Learning Center in Paradise Valley.
Send your children to the James Lee Childhood Learning Center in Paradise Valley.
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Proximity to upscale shopping and dining in Old Town Scottsdale and Scottsdale Fashion Square

Paradise Valley is home to several chic, locally owned eateries, as well as several national-chain grocery stores. Upscale boutique shopping and fine dining are a few minutes away in neighboring Scottsdale, both at the Scottsdale Fashion Square shopping mall and in lively, walkable Old Town Scottsdale; the latter also offers a vibrant nightlife scene.

The local Paradise Valley Carneceria offers fresh cut meats.
The local Paradise Valley Carneceria offers fresh cut meats.
Original Breakfast House in Paradise Valley offers a cozy and eclectic interior.
Original Breakfast House in Paradise Valley offers a cozy and eclectic interior.
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Popular golf courses and mountain hiking trails

Paradise Valley has two golf courses, Paradise Valley Country Club and Camelback Golf Club. The Phoenix Mountains Preserve is just west of town, with a collection of parks that include Piestewa Peak Recreation Area, Camelback Mountain Park, and the North Mountain and Shaw Butte Preserves, all with challenging hiking trails.

Explore the Dixie Peak trailhead in Paradise Valley.
Explore the Dixie Peak trailhead in Paradise Valley.
Indian Bend Wash Park has something for everyone in Paradise Valley.
Indian Bend Wash Park has something for everyone in Paradise Valley.
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A central location with a lack of traffic

No major roads travel through Paradise Valley, an intentional measure meant to preserve its sense of quiet residential seclusion. Scottsdale Road forms the town’s eastern boundary and is lined with Valley Metro bus stops. Piestewa Freeway, Loop 101 and HonorHealth Scottsdale Osborn Medical Center are within 5 miles of town. Phoenix Sky Harbor International Airport is about 10 miles away, offering nonstop flights to over 140 destinations around the world.

Lauren Schott
Written By
Lauren Schott
Javier Briseno
Photography Contributed By
Javier Briseno
Kellan Beaver
Video By
Kellan Beaver

Interested in learning more about homes in this area? Reach out to Kyle Hermann, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Paradise Valley Housing Trends

Housing Trends

Median List Price
$4,495,000
Median Sale Price
$3,700,000
Median Single Family Sale Price
$4,499,999
Median Townhouse Sale Price
$1,050,000
Median 2 Bedroom Sale Price
$559,500
Median Change From 1st List Price
6%
Last 12 months Home Sales
346
Median Home Sale Price YoY Change
14%
Average Price Per Sq Ft
$937

Area Facts

Number of Homes in Neighborhood
6,367
Number of Homes for Sale
162
Median Year Built
1980
Months of Supply
5.60
Average Single Family Home Size Sq Ft
5,234
Significantly above the national average
1,925
Average Townhouse Size Sq Ft
1,837
Average 2 Bedroom Size Sq Ft
1,536
Average 1 Bedroom Size Sq Ft
1,554
Median Lot Size Sq Ft
34,412

Open Houses

  • Saturday, Sep 20
    Open Sat 12PM - 3PM

    8517 N 48th Place, Paradise Valley, AZ 85253

    $4,175,000

    • 4 Beds
    • 4 Baths
    • 4,118 Sq Ft
    • 8517 N 48th Place
    • New 10 days ago

    This stunning Mid Century Modern home, originally designed by noted mid century architect Albert Anderson. and additionally designed by James Kotke sits in an oasis of tranquility in Paradise Valley. With mountain views and lush desert landscaping surrounding the home, the walls of glass allow the spectacular surroundings to become part of the living space. Enter into a private courtyard

    Joyce Lynch Russ Lyon Sotheby's International Realty

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  • Friday, Sep 19
    Open Fri 11AM - 1PM

    6150 N Scottsdale Rd Unit 36, Paradise Valley, AZ 85253

    $565,000

    • 2 Beds
    • 2.5 Baths
    • 1,359 Sq Ft
    • 6150 N Scottsdale Rd
    • Unit 36
    • New 12 days ago

    Renowned architect of the desert Southwest Bennie Gonzales brings modernism together with timeless Southwestern chic in this 1,359 sq ft Paradise Valley lock & leave gem. This two story, two bed, two and a half bath home features soaring ceilings, a wood-burning fireplace, and light filled spaces. Enjoy resort style living with a huge heated pool, spa, outdoor bar, BBQ areas, and lush green

    Kenneth O'Connor Berkshire Hathaway HomeServices Arizona Properties

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  • Friday, Sep 19
    Open Fri 4PM - 6PM

    7225 E Harmont Dr, Scottsdale, AZ 85258

    $1,650,000

    • 4 Beds
    • 4 Baths
    • 3,000 Sq Ft
    • 7225 E Harmont Dr
    • New 8 days ago

    Completely Renovated, Luxurious European Design, in the heart of McCormick Ranch. This entire home has been updated 2025 with the visionary in mind. Enter into open living room, w/ a grand masterpiece of a fireplace. Step into your REAL Gourmet Chef's Kitchen, no expense spared in function and exclusivity. As you walk around your home, you will feel the art and warmth with thoughtful touches

    Carolina Decker eXp Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Paradise Valley Has More Owners

Demographics

Total Population
14,381
Median Age
54
Population Density
23 ppl/acre
Population under 18
18.5%
Below the national average
23.8%
Population over 65
31%
Above the national average
19.1%

Finances

Median Household Income
$225,040
Significantly above the national average
$71,702
Average Household Income
$219,409

Education and Workforce

High School Graduates
98.9%
College Graduates
72.6%
Significantly above the national average
34.1%
Advanced Degrees
37%
Above the national average
13.3%
% Population in Labor Force
53.2%

Weather

Annual Precipitation
10''
Average Winter Low Temperature
43°F
Average Summer High Temperature
104°F
Annual Snowfall
0''

Area Factors

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Paradise Valley