Home/Scottsdale homes for sale/South Scottsdale and Old Town/Old Town
Scottsdale, Arizona · ZIP 85251 and 85250 south of McDonald
Old Town Scottsdale homes for sale
Condos, townhomes, and homes in and around downtown Scottsdale.
The short answer
As of October 31, 2026, there are 561 homes, condos, and townhomes listed for sale in Old Town Scottsdale, with a median list price of $599,000. Over the past 12 months, 1,129 homes sold at a median price of $612,500, or $384 per square foot, after a median of 63 days on market. Homes closed at a median of 97.09% of their final list price. With about 6.0 months of supply, the market is close to balanced.
Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a Scottsdale address in ZIP 85251, and in ZIP 85250 south of McDonald Drive, as explained in the FAQ below.
The Old Town Scottsdale market, by the numbers
Closed residential sales, October 31, 2025 to October 31, 2026.
Months of supply is today's 561 listings divided by the 12 month average of about 94 sales per month. 270 of the 1,129 sales closed at $1 million or more. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record.
Old Town Scottsdale median sale price since 2022
Yearly median sale price of closed residential sales, 2022 to 2026.
The median sale price for homes in Old Town Scottsdale went from $544,000 in 2022 to $605,000 in 2025, up 11%. So far this year, through October 30, 2026, the median is $599,950. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.
See the yearly numbers
| Year | Median sale price | Homes sold |
|---|---|---|
| 2026 (through October 30, 2026) | $599,950 | 936 |
| 2025 | $605,000 | 1,106 |
| 2024 | $525,000 | 1,047 |
| 2023 | $530,000 | 1,140 |
| 2022 | $544,000 | 1,322 |
Source: ARMLS via Flexmls. Closed residential sales by calendar year in the area defined on this page, calculated by Arizona Luxury Partners. The chart starts in 2022.
Search Old Town Scottsdale homes for sale
Updated continuously from the MLS. Filter, save, and tour any home.
What the numbers mean right now
Our read on the market, for buyers and for sellers.
Over the past 12 months, 1,129 homes sold in Old Town Scottsdale, and 24% of them closed at $1 million or more. Today 561 are listed for sale, and 281 of those have already had a price change.
Pricing is where homes win or sit. 295 of last year's sales, or 26%, went under contract within 30 days, at about 98% of list price on average. 272, or 24%, took more than 120 days, and those closed at about 87% of their original list price on average.
If you are buying
- The typical home sold about 6% below its original list price, so there is room to negotiate on homes that have been listed a while.
- 31% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
- Compare a condo against recent sales in the same building, and a house against recent sales on nearby streets, not Old Town as a whole.
- For condos and townhomes, read the HOA budget, reserves, and rental rules before your inspection period ends.
If you are selling
- Your first month matters most. Homes that sold within 30 days closed at about 98% of list price on average.
- Homes that sat more than 120 days closed at about 87% of their original list price, so pricing right at the start pays.
- Price against recent sales in your own building or neighborhood, and show how your home compares on size, updates, and walkability.
- We can show you the exact sales we would use to price your home.
About Old Town Scottsdale
Where it is and how this page defines it.
Old Town Scottsdale on this page means homes with a Scottsdale mailing address in ZIP code 85251, plus the part of ZIP code 85250 south of McDonald Drive. It takes in the downtown core along Scottsdale Road and the Arizona Canal, Scottsdale Fashion Square, and the condo, townhome, and single-family neighborhoods around them.
The City of Scottsdale's Old Town Character Area Plan covers a smaller downtown district, generally Chaparral Road to Earll Drive and 68th Street to Miller Road. This page uses a wider area: all of ZIP 85251 plus ZIP 85250 south of McDonald Drive.
- City
- Scottsdale, Arizona (MLS mailing city)
- Area on this page
- ZIP 85251, plus ZIP 85250 south of McDonald Drive
- Median home size sold
- 1,578 square feet over the past 12 months
- Listings at $1 million or more
- 145 of 561 active listings
- Listings with a price change
- 281 of 561 active listings
- City Old Town district
- Chaparral Road to Earll Drive, 68th Street to Miller Road (general boundary)
Old Town Scottsdale homes we have helped clients buy and sell
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Related pages
Compare Old Town with the wider area.
Old Town Scottsdale questions, answered
How much do homes cost in Old Town Scottsdale?
The median sale price was $612,500 for the 1,129 homes, condos, and townhomes in Old Town Scottsdale that sold from October 31, 2025 to October 31, 2026, or $384 per square foot. Homes listed for sale on October 31, 2026 had a median list price of $599,000.
How many homes are for sale in Old Town Scottsdale right now?
As of October 31, 2026, 561 homes, condos, and townhomes in Old Town Scottsdale were listed for sale in the MLS, and 145 of them were priced at $1 million or more. The search on this page updates continuously, so it always shows the current count.
How fast do homes sell in Old Town Scottsdale?
Homes that sold over the past 12 months spent a median of 63 days on the market and closed at a median of 97.09% of their final list price, or 94.41% of their original list price.
Is Old Town Scottsdale a buyer's market or a seller's market?
With 561 listings today and about 94 sales a month over the past year, Old Town Scottsdale has about 6.0 months of supply, which is close to balanced. Condos, townhomes, and single-family homes can move at different speeds, so ask us for the numbers on the homes you are considering.
How common are seller concessions in Old Town Scottsdale?
345 of the 1,129 closed sales, or 31%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $6,500.
Is this the same as the City of Scottsdale's Old Town district?
No. The City of Scottsdale's Old Town Character Area Plan covers a smaller downtown district, generally Chaparral Road to Earll Drive and 68th Street to Miller Road. This page uses a wider area: all of ZIP 85251 plus ZIP 85250 south of McDonald Drive.
How have Old Town Scottsdale home prices changed since 2022?
The median sale price for homes in Old Town Scottsdale, as this page defines it, was $544,000 in 2022 and $605,000 in 2025, up 11%. So far this year, through October 30, 2026, the median is $599,950.
How does this page define Old Town Scottsdale?
Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is Scottsdale and whose ZIP code is 85251, plus listings in ZIP code 85250 whose map location is south of McDonald Drive. The MLS city is the mailing address city, which does not always match city limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on October 31, 2026.
Thinking about Old Town Scottsdale?
Your vision, your home, our expertise.
Tell us what you are looking for and we will send new Old Town Scottsdale listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.
Your advisors
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art
Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties
Sources
- ARMLS via Flexmls. Residential closed sales October 31, 2025 to October 31, 2026, and active listings on October 31, 2026, for listings whose MLS city is Scottsdale in ZIP code 85251, and in ZIP code 85250 south of McDonald Drive. Medians and months of supply calculated by Arizona Luxury Partners.
- ARMLS via Flexmls. Residential closed sales for each calendar year from 2022 through October 30, 2026 for the same area, used for the median sale price chart.
- Old Town district boundary: City of Scottsdale, Old Town Character Area Plan, accessed October 31, 2026.
- McDonald Drive location: OpenStreetMap, East McDonald Drive, Scottsdale, accessed October 31, 2026.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. ZIP code areas do not follow city limits or school boundaries, so confirm the city, HOA, and assigned schools for a specific address. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.
