Market Overview
Home Prices in Heber, AZ
The median home value in Heber, AZ is $394,431 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Heber are priced4% below average. Heber is part of the Show Low, AZ metro area.
Over the past five years, Heber home values have risen by approximately18.4%, reflecting steady appreciation in this market.
Price History
Heber Home Price Trend
2020
$253,271
$253K
—
2021
$333,038
$333K
+31.5%
2022
$410,719
$411K
+23.3%
2023
$386,480
$386K
-5.9%
2024
$394,891
$395K
+2.2%
2025
$397,328
$397K
+0.6%
2026
$394,431
$394K
-0.7%
City Comparison
Heber vs. National Median
🏠 Heber
$394,431
National Median
$410,000
At $394,431, homes in Heber cost 4% below the national median of $410,000. This makes Heber a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Heber?
20% Down Payment
$78,886
on $394,431
Monthly P&I
$2,057/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,612/mo
incl. taxes & insurance
Income Needed
$104,480
gross annual (30% rule)
10% Down Option
$39,443
+ PMI applies
Loan Amount (20% dn)
$315,545
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 Heber, AZ?
The median home value in Heber is $394,431 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Heber?
Over the past year, home values in Heber have decreased by 0.7%. Over five years, prices have risen approximately 18.4%.
How much do I need to earn to buy a home in Heber?
To comfortably afford the median home price of $394,431 with a 20% down payment ($78,886) at today's rates (6.8%), you'd need a gross annual income of approximately $104,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Heber compare to the national average home price?
The national median home value is approximately $410,000. At $394,431, homes in Heber are 4% below the national average.
What metro area is Heber part of?
Heber is part of the Show Low, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.