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Buying a home in Alpine, Arizona

The typical owner-occupied home in Alpine is worth about $377,800, 4% below the Arizona median of $394,500 and 14% above the national median of $332,700. Owners pay a median $700 a year in property taxes, about 0.19% of their home's value, lower than the Arizona rate of 0.48%. 89% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.

Alpine at a glance

Alpine Arizona U.S.
Median home value $377,800 $394,500 $332,700
Median property tax paid per year $700 $1,879 $3,119
Property tax as a share of value 0.19% 0.48% 0.94%
Median household income – $79,964 $80,734
Homes lived in by their owners 89% 67% 65%
Owner homes with a mortgage 28% 62% 61%
Median monthly costs, owners with a mortgage – $1,803 $1,963
Median rent – $1,543 $1,413
Median year homes were built 1984 1992 1980
Vacant homes 65.7% 10.5% 10.1%
Population 55 7,378,838 334,922,499

What a typical home costs per month in Alpine

At this week's average 30-year rate of 7.11%, buying the median Alpine home of $377,800 with 20% down costs about $2,250 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,880, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $96,447 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$75,560
Loan amount$302,240
Principal and interest$2,033
Property taxes (0.19% a year)$60
Homeowners insurance (our estimate, 0.5% a year)$157
PMI$0
Total per month$2,250

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3.5% down, 30-year FHA loan
Down payment$13,223
Loan amount$370,957
Principal and interest$2,495
Property taxes (0.19% a year)$60
Homeowners insurance (our estimate, 0.5% a year)$157
FHA mortgage insurance$167
Total per month$2,880

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Questions about home buying in Alpine

What is the median home value in Alpine?

About $377,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Alpine?

Homeowners pay a median $700 a year, which is about 0.19% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Alpine?

For the median home with 20% down at 7.11%, the payment is about $2,250 a month. Keeping that under 28% of gross income takes about $96,447 a year.

More about Alpine

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data