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.
  • $187,600
  • 9.9%Y-o-Y
  • Calculated 03/17/2014*
  • *Includes data and transactions through 02/28/2014
 
 
 
 
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This data is not available for Phoenix Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Feb 2014
394976
-0.5%
-0.8%
9.9%
187600
16692
3418
-0.3%
-0.6%
6.7%
300600
30233
1.0%
3.8%
26.7%
146600
21519
8149
10226
-0.7%
-0.8%
10.5%
157600
3869
-0.4%
0.8%
11.4%
150500
23952
-0.4%
-1.1%
0.4%
642900
10727
1.2%
4.2%
21.7%
130900
30794
-0.8%
-1.5%
-1.3%
501500
17384
-0.5%
-0.9%
9.2%
234700
24198
1.5%
4.6%
26.7%
88200
4432
11278
-0.4%
-0.3%
18.7%
123200
11312
1.4%
5.0%
22.7%
72000
38541
1.1%
3.1%
18.1%
151300
31610
38590
-1.0%
-3.4%
5.4%
345900
38688
4888
-0.4%
-0.2%
11.3%
251200
18298
-0.5%
0.1%
15.3%
162100
112014
0.7%
2.8%
9.8%
262600
18329
-0.3%
0.6%
9.4%
210900
45587
5381
0.2%
1.5%
17.6%
95500
32525
-0.7%
-1.5%
3.5%
210700
12521
32697
19331
-0.6%
-1.5%
10.7%
172200
26113
-0.2%
-0.3%
1.1%
289000
13111
1.0%
2.1%
-2.2%
158200
29973
-2.2%
-6.8%
-12.0%
1447200
40298
-0.5%
-0.5%
9.1%
200200
40326
-0.7%
-1.2%
12.5%
160600
6489
8814
1.1%
3.9%
19.2%
172300
112707
40575
0.0%
0.1%
2.6%
436300
33845
0.9%
5.1%
14.5%
63900
54346
-0.9%
-2.8%
1.4%
371700
20623
41130
-1.2%
-2.8%
10.6%
116400
54619
-1.3%
-3.2%
1.1%
173700
27333
-0.9%
-1.7%
11.4%
69400
7330
-0.7%
-0.7%
6.8%
183400
47958
-0.6%
-1.8%
12.5%
206800
36428
-0.7%
-3.3%
10.1%
90500
27435
15970
34833
-0.2%
-0.6%
5.2%
240600
30040
14747
-1.2%
-3.7%
3.3%
81500
 
Zillow Home Value IndexY-o-Y
Phoenix Metro$187,6009.9%
Tucson Metro$160,6009.7%
Payson Metro$155,8009.6%
Prescott Metro$215,00010.4%
Yuma Metro$109,2000.7%
Nogales Metro$109,2001.6%
Mortgage Rates