How to Buy a House in Arizona
Updated 2026-03-02 | Data from Zillow, HUD, Tax Foundation
Avg Home Price
$440,228
Closing Costs
$13,348
3.03% of price
Property Tax Rate
0.44%
$1,707/yr median
Days on Market
42
Median
FHA Loan Limit
$472,030
Attorney Required
No
Foreclosure Type
Non-Judicial
Transfer Tax
None
$2.00 flat fee
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Key Facts About Buying in Arizona
- ✓No transfer tax - just a $2 flat fee
- ✓Fast-growing market, especially in Phoenix and Tucson metros
- ✓Low property tax rate at 0.63%
- ✓Non-judicial foreclosure state
The Home Buying Process in Arizona
Buying a home in Arizona follows a 10-step process. Arizona does not require an attorney at closing, though you may choose to hire one.
1
Check Your Credit Score & Finances
2
Get Pre-Approved for a Mortgage
3
Find a Real Estate Agent
4
Search for Homes & Make an Offer
5
Get a Home Inspection
6
Secure Your Financing
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First-Time Buyer Programs in Arizona
Arizona Home Plus Program
Down payment and closing cost assistance
Up to 5% of loan amountIncome: Up to $122,100 (varies by county)
Cost of Buying a Home in Arizona
| Down Payment (3.5% FHA) | $15,408 |
| Down Payment (20% Conventional) | $88,046 |
| Average Closing Costs | $13,348 |
| Transfer Tax | None |
| Annual Property Tax (est.) | $1,937/yr |
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Legal & Regulatory Details in Arizona
Homestead Exemption
Available
Up to $250,000
Licensing Authority
Arizona Department of Real Estate
Arizona Real Estate Law Overview
| Conveyance Document | Warranty, special-warranty and quitclaim deeds |
| Security Instrument | Deed of trust or mortgage |
| Foreclosure Process | Non-Judicial |
| Attorney Required at Closing | No |
| Deficiency Judgment | Conditional |
| Redemption After Sale | No |
| Reinstatement Available | Yes |
| Seller Disclosures | A disclosure statement is due within three days of offer acceptance; it covers structural features, pests, improvements, utilities, sewage and environmental issues. Sellers must report other issues affecting value and provide an insurance-claims history for the past five years. |
