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Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs. Other highlights include the Desert Botanical Garden, displaying cacti and numerous native plants. via phoenix.gov

Phoenix Market Report

$533,963

AVERAGE PRICE OF 3,615 HOMES

$444,777

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,931,150

AVERAGE PRICE OF 285 MULTI-MILLION DOLLAR HOMES

$836,421

AVERAGE PRICE OF 280 NEWLY BUILT HOMES

$878,768

AVERAGE PRICE OF 879 HOMES WITH A POOL

$613,811

AVERAGE PRICE OF 125 REDUCED PRICE HOMES

Average Home

Average Price $533,963
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $249,701
2 bedrooms $325,696
3 bedrooms $454,490
4 bedrooms $671,740
5 bedrooms $929,190
Phoenix Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 3,657 3,520 3,399 3,476 3,397
Average Price $530,037 $536,052 $514,345 $495,160 $485,788
Avg Price Change -1.13% +4.22% +3.87% +1.93% +3.25%
Median Price $377,280 $372,193 $356,164 $346,653 $335,790
Med Price Change +1.37% +4.50% +2.74% +3.24% +1.75%
Avg Bedrooms 3.15 beds 3.19 beds 3.18 beds 3.17 beds 3.17 beds
Avg Bathrooms 2.33 baths 2.36 baths 2.34 baths 2.33 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 185 $474,704 25 days
Camelback High School 357 $695,910 57 days
Central High School 310 $605,172 43 days
North High School 174 $496,517 58 days
Paradise Valley High School 177 $445,310 27 days
Total Homes Average Price Avg Days on Site
All Homes 3,615 $533,963 39 days
Distressed Homes 9 $444,777 93 days
Multi-Million Dollar Homes 285 $1,931,150 86 days
Newly Built Homes 280 $836,421 130 days
Homes with a Pool 879 $878,768 35 days
Reduced Price Homes 125 $613,811 30 days