Zillow just updated its 12-month home price forecast, and ResiClub visualized the data across 400+ U.S. housing markets. The takeaway for Arizona? Quiet. Maybe too quiet.
- Phoenix: 0.0% projected price change
- Tucson: +0.3% projected price change
- Flagstaff: +3.3%—the highest in the state
- Nogales: +1.6%—yes, even the small border town is expected to see gains
“According to ResiClub’s interactive map, which visualizes Zillow’s latest metro-level forecast, Phoenix is projected to see no price increase over the next year, while Tucson edges up by +0.3%”.
Nationally, Zillow expects prices to rise just +1.2% between August 2025 and August 2026—a modest rebound from earlier forecasts that dipped into negative territory. Homes are sitting longer (median 27 days on market), and buyer competition is the weakest it’s been in any August since 2018.
🏠 What It Means for Arizona
This isn’t a boom. It’s a breather. Phoenix, once the poster child for fast growth, is now holding steady. Tucson’s slight gain suggests a bit more momentum, but nothing dramatic. Flagstaff’s +3.3% projection stands out, likely driven by tight inventory and strong demand in a high-altitude market. And Nogales? It’s a reminder that even overlooked towns can move the needle when conditions line up.
Whether you’re renting, buying, or just watching from the sidelines, this forecast says one thing loud and clear: Arizona’s housing market is catching its breath.
🗣️ Final Thought
So, for any of you Phx home sellers hoping prices will keep climbing—this should give you something to think about. In fact, don’t be surprised if market prices dip a little more heading into 2026. And home buyers? Just be actively looking. If you find something you like, go for it. Because in reality, we don’t know what’s coming next. Nobody does.
AriZona Real Estate insider! 
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