Market Statistics for Phoenix

This page shows what’s going on in the Real Estate Market in Phoenix. If you’d like to request a Property Valuation for your home, please click HERE. To get additional information about the market, please contact us.

Real Estate Market Stats

Zillow Home Value Index: $97,200

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $97,200 $146,200
Median Single Family Home Value $104,900 $146,400
Median Condo Value $68,700 $145,200
Median 2-Bedroom Home Value $73,300 $109,800
Median 3-Bedroom Home Value $94,400 $140,900
Median 4-Bedroom Home Value $148,500 $231,000
Percent Homes Decreasing 38% 55.8%
Percent Listing Price Reduction 19.7% 28.9%
Median List Price Per Sq Ft $68 $92
Median List Price $125,000 $185,000
Median Sale Price $116,800 $176,500
Homes Recently Sold 3,816 267,974
Property Tax $1,161 $2,105
Turnover (Sold Within Last Yr.) 8.8% 3.3%
Median Value Per Sq Ft $78 $106
1-Yr. Change 0.7% -3.1%
Homes For Sale By Owner 104 50,059
New Construction 221 44,606
Foreclosures 7,000 518,063

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