AZ · Metro #11

Phoenix - AZ housing market

Current home values, days on market, and price-cut activity for the Phoenix - AZ metro. Data refreshed from Zillow Research monthly.

Typical home value
$448,160
-2.0% vs. year ago
Median list price
$489,967
Listings w/ price cut
32.9%
Context

How to read this data

The typical home value ($448,160) is the Zillow Home Value Index for the Phoenix - AZ metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 2.0% over the past year. A home worth $457,306 last year is now worth roughly $448,160.

About 32.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in AZ

MetroHome value1-yr changeDays on market
Tucson - AZ$342,047 -2.1% 0d