What are the most expensive neighborhoods in Phoenix, AZ?

The neighborhoods with the highest median home values in Phoenix, AZ include: Desert View ($733,938), North Gateway ($622,759), Paradise Valley ($576,751), Camelback East ($568,641), Ahwatukee Foothills ($542,442).

What are the most affordable neighborhoods in Phoenix, AZ?

The neighborhoods with the lowest median home values in Phoenix, AZ include: Maryvale ($329,686), Central City ($338,124), Alhambra ($346,463), South Mountain ($357,579), Estrella ($366,334).

Which Phoenix, AZ neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Phoenix, AZ include: Paradise Valley (0.7%), Camelback East (0.6%), Desert View (0.5%).

South Mountain, AZ Housing Market

$355,769

1.6% 1-yr

The average South Mountain, AZ home value is $355,769, down 1.6% over the past year, and homes go to pending in around 27 days. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

South Mountain Key Takeaways

Typical Home Values: $355,769

1-Year Value Change: -1.6%

(Data through August 31, 2026)

South Mountain Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 376 (August 31, 2026)

New Listings: 102 (August 31, 2026)

Median Sale to List Ratio: 1.000 (July 31, 2026)

Median Sale Price: $376,666 (July 31, 2026)

Median List Price: $409,650 (August 31, 2026)

Percent of Sales Over List Price: 26.7% (July 31, 2026)

Percent of Sales Under List Price: 47.0% (July 31, 2026)

Median Days to Pending: 27 (August 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Central City$334,924
Ahwatukee Foothills$534,265
Tempe South Mountain$359,400
Peterson Park$376,809
Wood Park$364,122
Baseline-Hardy$421,814
Southern Palms$409,841
Holdeman$422,495
Lindon Park$427,965

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South Mountain Homes for Sale

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South Mountain Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.