Phoenix Home Prices and Home Values

  • Zillow Home Value Index

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

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

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    Median sale price ($)
    Mid-point of the price homes have sold for in Phoenix. 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. 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. 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 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, 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 Phoenixs 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 Phoenixs 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, 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 Phoenixs 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 (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 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 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 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 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 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 whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Phoenix 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 that were sold in the past 12 months.
  • $164,200
  • 0.1%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.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jul 2014
40326
-0.1%
0.0%
0.1%
164200
267900
-0.3%
-0.9%
-2.8%
275400
272734
0.2%
0.9%
0.8%
117800
267908
-0.3%
-1.9%
-5.0%
227000
267912
-0.5%
-0.9%
-11.3%
87500
111818
-0.4%
-0.7%
0.7%
179100
267919
-0.2%
-0.3%
-2.1%
349900
267926
-0.5%
-0.9%
-3.1%
164000
273652
0.1%
0.3%
3.0%
135700
112261
0.1%
0.7%
4.7%
165200
112345
274667
0.0%
1.1%
10.0%
294400
267954
-0.3%
-0.5%
4.3%
310100
267955
-0.2%
-0.5%
0.4%
145600
112547
-0.3%
-1.3%
-3.5%
265000
267971
0.3%
1.5%
0.5%
117600
 
Zillow Home Value IndexY-o-Y
Phoenix$164,2000.1%
Paradise Valley$1,443,200-13.9%
Glendale$168,9004.8%
Sun City$117,700-3.0%
Tolleson$89,300-3.9%
El Mirage$130,1007.4%
Mortgage Rates
 
Homes for Sale
  1. 6634 N Majorca Way E, Phoenix, AZ Home For Sale
    6634 N Majorca Way E, Phoenix, AZ 85016

     For Sale: $240,000

    • Beds: 3
    • Sqft: 1318
    • Baths: 1.75
    • Lot: 2700
  2. 1100 N Priest Dr APT 1129, Chandler, AZ Home For Sale
    1100 N Priest Dr APT 1129, Chandler, AZ 85226

     For Sale: $155,000

    • Beds: 2
    • Sqft: 1028
    • Baths: 2.0
    • Lot: 1028
  3. 13221 N 110th Ave, Sun City, AZ Home For Sale
    13221 N 110th Ave, Sun City, AZ 85351

     For Sale: $82,000

    • Beds: 2
    • Sqft: 1318
    • Baths: 2.0
    • Lot: 8398
Coming Soon
  1. 6520 S Mcallister Ave, Tempe, AZ ComingSoon Home
    6520 S Mcallister Ave, Tempe, AZ 85283

     Coming Soon: $150K

    • Beds: 3
    • Sqft: 1452
    • Baths: 2.5
    • Lot: 1333
  2. 6345 W Cordes Rd, Phoenix, AZ ComingSoon Home
    6345 W Cordes Rd, Phoenix, AZ 85043

     Coming Soon: $168K

    • Beds: 3
    • Sqft: 1744
    • Baths: 3.0
    • Lot: 4950
  3. 4427 E Melinda Ln, Phoenix, AZ ComingSoon Home
    4427 E Melinda Ln, Phoenix, AZ 85050

     Coming Soon: $445K

    • Beds: 4
    • Sqft: 1962
    • Baths: 2.0
    • Lot: 6281
Home Design Ideas and Photos