The typical owner-occupied home in Munds Park is worth about $779,900, 98% above the Arizona median of $394,500 and 2.3 times the national median of $332,700. Owners pay a median $1,809 a year in property taxes, about 0.23% of their home's value, lower than the Arizona rate of 0.48%. 84% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Munds Park at a glance
| Munds Park | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $779,900 | $394,500 | $332,700 |
| Median property tax paid per year | $1,809 | $1,879 | $3,119 |
| Property tax as a share of value | 0.23% | 0.48% | 0.94% |
| Median household income | – | $79,964 | $80,734 |
| Homes lived in by their owners | 84% | 67% | 65% |
| Owner homes with a mortgage | 36% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,551 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 34.0% | 20.5% | 21.0% |
| Median rent | – | $1,543 | $1,413 |
| Median year homes were built | 1986 | 1992 | 1980 |
| Vacant homes | 87.5% | 10.5% | 10.1% |
| Population | 608 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Munds Park
At this week's average 30-year rate of 7.11%, buying the median Munds Park home of $779,900 with 20% down costs about $4,672 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,096, 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 $200,211 for the 20%-down payment.
| Down payment | $155,980 |
|---|---|
| Loan amount | $623,920 |
| Principal and interest | $4,197 |
| Property taxes (0.23% a year) | $149 |
| Homeowners insurance (our estimate, 0.5% a year) | $325 |
| PMI | $0 |
| Total per month | $4,672 |
Change the numbers in the calculator
| Down payment | $27,296 |
|---|---|
| Loan amount | $765,774 |
| Principal and interest | $5,151 |
| Property taxes (0.23% a year) | $149 |
| Homeowners insurance (our estimate, 0.5% a year) | $325 |
| FHA mortgage insurance | $470 |
| Total per month | $6,096 |
Change the numbers in the calculator
Questions about home buying in Munds Park
What is the median home value in Munds Park?
About $779,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Munds Park?
Homeowners pay a median $1,809 a year, which is about 0.23% 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 Munds Park?
For the median home with 20% down at 7.11%, the payment is about $4,672 a month. Keeping that under 28% of gross income takes about $200,211 a year.
More about Munds Park
- Mortgage Refinance in Munds Park
- Debt Relief in Munds Park
- Home Equity Loans in Munds Park
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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