Market Overview
Home Prices in Snowflake, AZ
The median home value in Snowflake, AZ is $349,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Snowflake are priced15% below average. Snowflake is part of the Show Low, AZ metro area.
Over the past five years, Snowflake home values have risen by approximately18.3%, reflecting steady appreciation in this market.
Price History
Snowflake Home Price Trend
City Comparison
Snowflake vs. National Median
At $349,155, homes in Snowflake cost 15% below the national median of $410,000. This makes Snowflake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Snowflake?
20% Down Payment
$69,831
on $349,155
Monthly P&I
$1,821/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,313/mo
incl. taxes & insurance
Income Needed
$92,520
gross annual (30% rule)
10% Down Option
$34,916
+ PMI applies
Loan Amount (20% dn)
$279,324
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 Snowflake, AZ?
The median home value in Snowflake is $349,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Snowflake?
Over the past year, home values in Snowflake have increased by 1.1%. Over five years, prices have risen approximately 18.3%.
How much do I need to earn to buy a home in Snowflake?
To comfortably afford the median home price of $349,155 with a 20% down payment ($69,831) at today's rates (6.8%), you'd need a gross annual income of approximately $92,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Snowflake compare to the national average home price?
The national median home value is approximately $410,000. At $349,155, homes in Snowflake are 15% below the national average.
What metro area is Snowflake part of?
Snowflake is part of the Show Low, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.