Market Overview
Home Prices in El Mirage, AZ
The median home value in El Mirage, AZ is $341,721 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in El Mirage are priced17% below average. El Mirage is part of the Phoenix-Mesa-Chandler, AZ metro area.
Over the past five years, El Mirage home values have risen by approximately17.3%, reflecting steady appreciation in this market.
Price History
El Mirage Home Price Trend
City Comparison
El Mirage vs. National Median
At $341,721, homes in El Mirage cost 17% below the national median of $410,000. This makes El Mirage a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in El Mirage?
20% Down Payment
$68,344
on $341,721
Monthly P&I
$1,782/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,263/mo
incl. taxes & insurance
Income Needed
$90,520
gross annual (30% rule)
10% Down Option
$34,172
+ PMI applies
Loan Amount (20% dn)
$273,377
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in El Mirage, AZ?
The median home value in El Mirage is $341,721 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in El Mirage?
Over the past year, home values in El Mirage have decreased by 2%. Over five years, prices have risen approximately 17.3%.
How much do I need to earn to buy a home in El Mirage?
To comfortably afford the median home price of $341,721 with a 20% down payment ($68,344) at today's rates (6.8%), you'd need a gross annual income of approximately $90,520. This assumes keeping total housing costs at or below 30% of gross income.
How does El Mirage compare to the national average home price?
The national median home value is approximately $410,000. At $341,721, homes in El Mirage are 17% below the national average.
What metro area is El Mirage part of?
El Mirage is part of the Phoenix-Mesa-Chandler, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.