A recent study ranked the state of Arizona 17th among the most active real estate markets in the United States for 2026, driven by rising rental prices and the continued influence of remote work, which is encouraging families to move to more spacious areas.
The average rent for a one-bedroom apartment has risen to $1,301 per month, compared to $1,042 in 2021, while higher mortgage interest rates have made homeownership more difficult for many Americans.
Despite this challenge, Arizona continues to stand out for its strong homebuying activity, high construction quality, and a notable willingness among residents to relocate. This comes even as the state has recorded one of the largest declines in home prices compared with other states.
The study also noted that the hottest real estate markets were found in Idaho, South Carolina, and Delaware, while California, New York, and Florida ranked among the 10 least active states in terms of real estate market activity.
