Scottsdale gives you several distinct real estate markets within one city. Old Town and South Scottsdale offer different property profiles from master-planned communities such as Grayhawk and McDowell Mountain Ranch, while DC Ranch and Silverleaf sit at the higher end of the market.
Current Scottsdale market data puts the city's median listing price at $899,000, median sold price at $885,000, and median rent at $2,409 per month. Homes spend a median of 78 days on the market.
Each area below has its own mix of pricing, housing stock, amenities, and rental characteristics. Market snapshots use the latest neighborhood figures currently available.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Key Takeaways
Scottsdale spans a wide price range, with neighborhood median listing prices ranging from the mid-$500,000s to several million dollars
Old Town and South Scottsdale occupy different price segments from higher-priced communities such as DC Ranch and Silverleaf
Grayhawk, McDowell Mountain Ranch, and McCormick Ranch combine residential inventory with established community amenities
Rental pricing varies substantially by neighborhood, making property-level income and expense assumptions important
Short-term rentals have additional operating requirements, including Scottsdale licensing for stays of less than 30 days
Why Scottsdale Draws Real Estate Investors
Scottsdale combines residential neighborhoods with a large tourism, hospitality, golf, retail, and entertainment economy. Citywide housing figures only tell part of the story because neighborhood pricing and rental conditions vary significantly.
Old Town, for example, has a median listing price of about $525,000, while DC Ranch's latest available neighborhood figure is roughly $2.9 million. Silverleaf sits higher still, with a median listing price of about $4.7 million.
Short-term rentals also have their own requirements. Scottsdale requires a $250 annual license for rentals lasting less than 30 days. The city also requires applicable state and county compliance, neighbor notification, and at least $500,000 in coverage for liability insurance.
1) Grayhawk
Market Snapshot: $633,500 median listing price | $3,800 median rent
Grayhawk sits in North Scottsdale and includes detached homes, townhomes, and condos. That mix gives you several property types to compare within the same broader community.
Grayhawk Golf Club is also home to two championship courses, Talon and Raptor.
Housing Mix
A condo in Grayhawk can carry a very different acquisition price, HOA structure, and operating profile from a detached home nearby.
Instead of applying one neighborhood-wide yield estimate to every property, mogul's investment property calculator can help model an individual address using property-specific assumptions.
2) South Scottsdale
Market Snapshot: $750,000 median listing price | $3,395 median rent | 68 days on market
South Scottsdale spans several neighborhoods and property types and sits close to Old Town, Tempe, and major transportation routes.
Its housing stock includes detached homes, condos, and townhomes, creating a broad range of acquisition and operating profiles.
Price and Location
South Scottsdale occupies a different price segment from many of the higher-priced North Scottsdale communities in this guide.
Purchase price, financing, HOA costs, maintenance, and realistic rental assumptions can still vary substantially from one property to another, even within the same part of the city.
3) Old Town Scottsdale
Market Snapshot: $525,000 median listing price | $2,194 median rent | 80 days on market
Old Town sits at the center of Scottsdale's dining, nightlife, shopping, and arts scene. Its nine walkable and bikeable districts include 100+ restaurants, more than 100 galleries, museums, public art, historic sites, and nightlife.
Its residential inventory includes condos, townhomes, and other property types close to Scottsdale's downtown amenities.
Rental Context
Old Town's housing mix and visitor activity make both longer-term and short-term rental analysis relevant.
For vacation-rental research, mogul's Airbnb calculator can model an individual address using property-level assumptions. Qualifying short-term rentals remain subject to Scottsdale's licensing requirements.
4) Kierland
Market Snapshot: $804,500 median listing price | $2,818 median rent | 122 days on market
Kierland combines residential properties with shopping, dining, hospitality, and entertainment.
Kierland Commons is an open-air destination with 80+ specialty retailers and restaurants, while Scottsdale Quarter adds another mixed-use destination nearby.
Mixed-Use Setting
Kierland includes condos and other residential properties close to substantial retail and hospitality infrastructure.
For condo-oriented properties, HOA assessments and included amenities can materially affect operating costs. Two similarly priced properties can produce different financial profiles once those expenses are included.
5) McDowell Mountain Ranch
Market Snapshot: About $1.74 million median listing price | $2,572 median rent | 73 days on market
McDowell Mountain Ranch is a large master-planned community in northeast Scottsdale with a mix of residential properties and community recreation.
The area includes the city-operated Aquatic & Fitness Center, which provides swimming, fitness facilities, recreational programming, and seasonal water amenities.
Community Features
Property size, age, configuration, HOA obligations, and location within the community can all change the economics of an individual address.
The spread between neighborhood listing prices and rents also reinforces why property-level income and expense analysis matters more than applying a single yield estimate to the entire community.
6) McCormick Ranch
Market Snapshot: About $789,000 median listing price | $3,350 median rent | 61 days on market
McCormick Ranch is one of Scottsdale's longest-established master-planned communities. The area includes golf, lakes, and trails, along with parks, resorts, shopping, and other community infrastructure.
Its housing inventory includes detached homes, condos, and townhomes across a wide range of ages and renovation levels.
Established Housing Stock
Renovation condition, HOA structure, square footage, and exact location can all affect rental and ownership costs.
That variety makes address-level analysis useful when comparing individual properties within McCormick Ranch.
7) Gainey Ranch
Market Snapshot: $925,000 median listing price | $5,750 median rent | 37 days on market
Gainey Ranch contains residential properties alongside golf and resort infrastructure.
The former Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch is now Grand Hyatt Scottsdale Resort following a $115 million renovation.
Resort-Adjacent Housing
Gainey Ranch includes property types ranging from condos to larger detached homes, so acquisition and operating economics can vary substantially across the community.
The neighborhood's median rent is also considerably higher than Scottsdale's citywide figure, although individual rental performance still depends on the property, lease structure, expenses, and occupancy.
8) Troon North
Market Snapshot: About $1.92 million median listing price | $7,000 median rent | 111 days on market
Troon North is a North Scottsdale community shaped by desert residential development, golf, and proximity to Pinnacle Peak.
Troon North Golf Club has two 18-hole courses, Monument and Pinnacle.
Desert Golf Setting
Troon North operates in a substantially higher price segment than Scottsdale overall, and its rental market also carries a higher median asking rent.
mogul's real estate calculator can help compare financing, holding-period, and rental assumptions for a specific address without treating neighborhood-level figures as property-level results.
9) DC Ranch
Market Snapshot: About $2.91 million median listing price | $6,000 median rent | 96 days on market
DC Ranch occupies one of Scottsdale's higher-priced residential segments.
The community includes 47 parks connected by over 50 miles of landscaped paths and trails.
Higher-Price Segment
At a multimillion-dollar acquisition price, relatively small differences in financing, maintenance, HOA assessments, and eventual sale assumptions can translate into large dollar differences.
That makes property-level underwriting especially useful when comparing DC Ranch with lower-priced Scottsdale neighborhoods.
10) Silverleaf
Market Snapshot: About $4.73 million median listing price | $5.3 million median sold price | 117 days on market
Silverleaf sits at the upper end of Scottsdale's residential market, with pricing that differs substantially from the city's broader housing market.
Its latest market figures place both median listing and sold prices in the multimillion-dollar range.
Luxury Market
A Silverleaf property has a very different ownership and operating profile from a condo near Old Town or a single-family home in South Scottsdale.
Purchase price, ongoing carrying costs, HOA obligations, financing structure, intended use, and the eventual resale market can all materially affect the property-level economics.
How mogul Supports Property Research
Neighborhood statistics can help you narrow the map. Property-level underwriting helps you understand what an individual address looks like on paper.
The mogul platform offers free tools for analyzing U.S. properties, including its investment property calculator, rental property calculator, Airbnb calculator, and real estate calculator.
These tools let you compare variables such as financing, rental strategy, leverage, and holding period without applying one generalized neighborhood assumption to every property.
Institutional Real Estate Experience
mogul was founded by former Goldman Sachs real estate professionals. The company reports more than $10B+ investing experience across its team.
That experience informs mogul's property-selection and underwriting process. The platform states that less than 1% of reviewed properties pass its diligence process.
Property-Specific Investment Clubs
mogul uses property-specific investment-club LLC structures. The LLC owns the identifiable property, while members purchase fractional membership interests associated with that entity.
The how it works page explains the platform's property-selection, ownership, holding, and governance framework in more detail.
Monthly Rental Income
Once a property is operational and has distributable net rental income, mogul generally makes monthly distributions based on property performance and ownership interests.
The platform's guide to fractional real estate provides additional context on the ownership model.
Current Platform Scale
mogul reports more than $90M in assets on the platform, 40,000+ investors, and an 18.8% average return across platform properties. These are company-reported historical metrics and do not guarantee future performance.
First-Year Loss Protection
Qualifying new members may be eligible for mogul's first-year loss-protection promotion. Under the current program, mogul covers up to $10,000 in losses on qualifying investments made during a new member's first seven days if those investments show a covered loss after one year, subject to the promotion terms.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Frequently Asked Questions
What is Scottsdale's current median listing price?
Current market data puts Scottsdale's median listing price at about $899,000. The citywide median sold price is about $885,000, but neighborhood pricing varies substantially across Scottsdale.
Which Scottsdale neighborhoods have lower listing prices?
Among the areas covered here, Old Town has a median listing price of about $525,000, while Grayhawk's latest figure is in the low-$600,000s. Both sit below higher-priced communities such as Troon North, DC Ranch, and Silverleaf.
Are short-term rentals allowed in Scottsdale?
Scottsdale licenses qualifying rentals operating for less than 30 days. The city requires a $250 annual license, along with applicable state and county requirements, neighbor notification, and liability coverage. Private community restrictions may also apply to individual properties.
What costs can affect a Scottsdale rental property?
Purchase price is only one part of the equation. Financing, property taxes, insurance, HOA assessments, maintenance, utilities, vacancy, management expenses, furnishing, and short-term rental operating costs can all affect property-level results, which is why two properties in the same neighborhood can produce very different numbers.
How can you compare individual Scottsdale properties?
Start with the individual address rather than applying one neighborhood average to every property. Acquisition price, financing, expected rental income, operating expenses, rental strategy, and holding-period assumptions can be compared together, while mogul's investment property calculator can model a U.S. address across multiple scenarios.