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  • Phoenix Market Report

    $694,708

    AVERAGE PRICE OF 4,605 HOMES

    $327,600

    AVERAGE PRICE OF 12 DISTRESSED HOMES

    $2,055,759

    AVERAGE PRICE OF 634 MULTI-MILLION DOLLAR HOMES

    $1,037,308

    AVERAGE PRICE OF 410 NEWLY BUILT HOMES

    $1,001,376

    AVERAGE PRICE OF 1,149 HOMES WITH A POOL

    $624,412

    AVERAGE PRICE OF 402 REDUCED PRICE HOMES

    Average Home

    Average Price $694,708
    Avg Bedrooms 2.85 beds
    Avg Bathrooms 2.22 baths

    Average Price by Bedrooms

    1 bedroom $252,595
    2 bedrooms $371,307
    3 bedrooms $547,384
    4 bedrooms $807,016
    5 bedrooms $1,296,070
    Phoenix Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 4,741 4,756 4,594 4,455 4,264
    Average Price $720,159 $737,276 $750,550 $736,069 $730,180
    Avg Price Change -2.38% -1.80% +1.97% +0.81% +0.04%
    Median Price $491,297 $498,255 $499,800 $498,422 $498,105
    Med Price Change -1.42% -0.31% +0.28% +0.06% +1.22%
    Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.87 beds 2.85 beds
    Avg Bathrooms 2.24 baths 2.26 baths 2.26 baths 2.27 baths 2.24 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Central High School 378 $678,228 94 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 4,605 $694,708 70 days
    Distressed Homes 12 $327,600 71 days
    Multi-Million Dollar Homes 634 $2,055,759 94 days
    Newly Built Homes 410 $1,037,308 105 days
    Homes with a Pool 1,149 $1,001,376 66 days
    Reduced Price Homes 402 $624,412 57 days