Compare: Phoenix vs Arizona
Home Values in Phoenix and Arizona
|Zillow Home Value IndexWhat's this?||$159,600||vs||$175,200|
|Median List Price||$198,900||vs||$215,000|
|Median Sale Price||$172,000||vs||$184,800|
|Total Homes Sold in Oct||2435 homes||vs||10575 homes|
Phoenix, AZ tends to be less expensive for home buyers than Arizona. During the last year, Phoenix home values have risen by 29.4%, while Arizona home values have risen by 15.7%. The median sale price in Phoenix is $172,000, but the median listing price was $198,900, a 13.5% discount. Meanwhile in Arizona, the median selling price is $184,800, and the starting price had a median of $215,000, a 14.0% discount. In October, Phoenix home sellers managed to move 2435 houses, while Arizona saw 10575 transactions.
Demographics in Phoenix and Arizona
|Median Household Income||$41,207||vs||$42,903|
|Homes with Kids||33.4%||vs||30.2%|
|Average Household Size||2.8||vs||2.6|
|Average Commute Time (Minutes)||28||vs||26|
At $42,903, the median income in Arizona is $1,696 more than in Phoenix, and $1,609 lower than the national average. Phoenix has a younger median age, at 32, compared to 35 in Arizona, and a longer average commute. The average commute in Arizona is 26 minutes and the average commute in Phoenix is 28 minutes.
Homes for Sale in Phoenix and Arizona
Phoenix vs Arizona