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.
  • $193,700
  • 1.2%Y-o-Y
  • Calculated 08/19/2014*
  • *Includes data and transactions through 07/31/2014
 
 
 
 
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This data is not available for Phoenix Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jul 2014
394976
-0.2%
0.5%
1.2%
193700
16692
3418
-0.1%
-0.3%
2.4%
310700
30233
-1.0%
2.1%
10.7%
147400
21519
8149
10226
-0.1%
0.3%
1.9%
162600
3869
0.2%
0.6%
4.8%
156000
23952
0.0%
1.3%
1.3%
684200
10727
-1.2%
1.1%
10.1%
130200
30794
-0.2%
0.3%
-2.9%
519000
17384
0.2%
0.6%
1.6%
244100
24198
-1.1%
1.3%
17.3%
90100
4432
11278
0.1%
2.0%
7.4%
130100
11312
-2.6%
-5.5%
5.5%
67000
38541
-1.7%
0.1%
7.1%
149700
31610
38590
-0.2%
-1.3%
-7.5%
347700
38688
4888
-0.0%
0.4%
1.4%
259900
18298
0.0%
0.7%
4.8%
168900
112014
-1.5%
0.0%
2.6%
255900
18329
0.1%
0.9%
3.8%
220600
45587
5381
-1.5%
-1.9%
-11.5%
81000
32525
-0.2%
-1.2%
-4.3%
212800
12521
32697
19331
0.1%
0.8%
1.9%
178700
26113
0.0%
-0.6%
1.0%
300400
13111
-0.4%
5.1%
3.0%
166800
29973
-0.6%
-1.5%
-13.9%
1443200
40298
0.0%
0.9%
2.1%
209500
40326
-0.1%
0.0%
0.1%
164200
6489
8814
-1.4%
0.2%
5.9%
169100
112707
40575
0.9%
2.1%
2.8%
461300
33845
-0.5%
0.2%
4.1%
60900
54346
-0.2%
-1.7%
-7.0%
372800
20623
41130
0.1%
-0.1%
-3.0%
117700
54619
0.2%
1.6%
-2.6%
182500
27333
-1.5%
-1.5%
-7.9%
63800
7330
0.2%
1.0%
2.7%
191000
47958
-0.0%
0.5%
1.2%
215300
36428
-0.9%
-1.8%
-3.9%
89300
27435
15970
34833
1.0%
5.5%
5.2%
261300
30040
14747
 
Zillow Home Value IndexY-o-Y
Phoenix Metro$193,7001.2%
Tucson Metro$164,4006.2%
Payson Metro$156,5002.8%
Prescott Metro$225,6009.1%
Yuma Metro$113,8002.1%
Nogales Metro$120,00015.2%
Mortgage Rates
 
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