Cottonwood, AZ

Cottonwood is a small town located in the Phoenix metropolitan area. The population of Cottonwood was 8,848 as of the 2010 census. Cottonwood is known for its beautiful scenery and its proximity to Phoenix. Cottonwood is also home to many luxury homes, which have helped make it one of the most desirable places to live in Arizona.

Real estate in Cottonwood is very expensive compared to other areas of Arizona. The median home price in Cottonwood was $569,000 as of September 2016, which is more than twice the median home price in Phoenix ($227,500). However, because there are so few homes available for sale in Cottonwood, prices can fluctuate a lot from month to month. In addition, because real estate prices are so high in Cottonwood, it's often difficult for people who aren't wealthy or well-connected to buy a home there.