Phoenix Metro Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Phoenix Metro. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Phoenix Metro, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Phoenix Metro. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Phoenix Metro. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Phoenix Metro. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Phoenix Metro during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Phoenix Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Phoenix Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Phoenix Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Phoenix Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Phoenix Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Phoenix Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Phoenix Metro whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Phoenix Metro whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Phoenix Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in Phoenix Metro that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Phoenix Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Phoenix Metro whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Phoenix Metro whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Phoenix Metro that were sold in the past 12 months.
  • $199,000
  • 8.4%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
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This data is not available for Phoenix Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
394976
0.9%
3.6%
8.4%
199000
16692
3418
0.9%
3.8%
9.6%
321700
30233
0.1%
0.5%
14.5%
146500
21519
8149
10226
0.7%
3.4%
8.8%
166400
3869
1.1%
3.8%
12.3%
160100
23952
1.5%
4.5%
5.8%
698600
10727
0.3%
0.8%
14.8%
131200
30794
0.0%
0.9%
-0.2%
520900
17384
0.7%
3.4%
8.1%
249500
24198
2.0%
6.4%
28.5%
94600
4432
11278
0.8%
3.2%
13.1%
130400
11312
5.2%
13.6%
30.5%
81200
38541
1.9%
5.0%
16.8%
157600
31610
38590
-0.3%
0.5%
-2.2%
354600
38688
4888
0.5%
2.3%
6.9%
263700
18298
0.9%
4.3%
13.5%
173200
112014
0.3%
0.3%
6.6%
260400
18329
1.2%
4.2%
10.5%
226100
45587
5381
1.7%
-4.0%
-5.8%
84600
32525
0.8%
3.4%
3.9%
222400
12521
32697
19331
0.8%
3.2%
8.7%
182300
26113
1.1%
3.9%
8.5%
312700
13111
2.3%
6.9%
5.2%
169400
29973
0.4%
0.4%
-9.9%
1477400
40298
1.1%
4.5%
9.5%
215100
40326
0.4%
2.3%
7.3%
167600
6489
8814
0.6%
0.9%
11.5%
172700
112707
40575
0.7%
2.8%
6.2%
462300
33845
2.4%
0.5%
12.4%
63300
54346
-0.2%
0.8%
-1.2%
383400
20623
41130
0.7%
1.7%
4.2%
120300
54619
3.0%
8.8%
7.3%
193200
27333
-1.4%
-5.5%
-7.3%
63500
7330
1.0%
4.1%
9.5%
195600
47958
1.2%
4.8%
10.1%
222900
36428
1.0%
1.2%
5.3%
92900
27435
15970
34833
2.0%
7.0%
9.4%
261700
30040
14747
0.6%
0.6%
1.3%
84100
 
Zillow Home Value IndexY-o-Y
Phoenix Metro$199,0008.4%
Tucson Metro$167,90010.2%
Payson Metro$160,3008.5%
Prescott Metro$224,80011.4%
Yuma Metro$114,6003.5%
Nogales Metro$124,60019.8%
Mortgage Rates
 
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