Commercial Real Estate Market in Fountain Hills, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
323 active listings and 622 off-market properties in Fountain Hills, AZ. Commercial property asks $326/SF to buy and $9.45/SF/Yr to lease.
Market Trends
Fountain Hills, AZ spans 20.5 square miles in Maricopa County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Fountain Hills, AZ runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Fountain Hills, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Fountain Hills, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Fountain Hills, AZ runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Fountain Hills, AZ has 24,031 residents in 13,429 households. Density runs 1,173 people per square mile. Median household income here is $105,288 and median gross rent $1,781 a month.
24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,173
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Fountain Hills?
Commercial property in Fountain Hills, AZ asks an average of $326 per square foot. The 7 most recent recorded sales traded at a median of $128/SF, so asking sits 155% above the achieved median.
How much does it cost to lease commercial space in Fountain Hills?
Asking lease rates in Fountain Hills, AZ average $9.45 per square foot per year.
Where does Realmo's Fountain Hills market data come from?
Realmo compiles Fountain Hills, AZ figures from 7 recent recorded sales, 297 active sale listings, 26 active lease listings, 622 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 297 active for-sale and 26 active for-lease listings in Fountain Hills, AZ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
