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%).

Alhambra, AZ Housing Market

$346,463

2.7% 1-yr

The average Alhambra, AZ home value is $346,463, down 2.7% over the past year, and homes go to pending in around 27 days. (Updated on 6/30/2026)

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

Alhambra Key Takeaways

Typical Home Values: $346,463

1-Year Value Change: -2.7%

(Data through June 30, 2026)

Alhambra Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 442 (June 30, 2026)

New Listings: 119 (June 30, 2026)

Median Sale to List Ratio: 0.992 (May 31, 2026)

Median Sale Price: $362,983 (May 31, 2026)

Median List Price: $381,333 (June 30, 2026)

Percent of Sales Over List Price: 23.2% (May 31, 2026)

Percent of Sales Under List Price: 53.3% (May 31, 2026)

Median Days to Pending: 27 (June 30, 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

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Alhambra Homes for Sale

$690,000

3 bd2 ba1,851 sqft

1102 W Bethany Home Rd

$420,000

3 bd3 ba1,470 sqft

3218 W Glendale Ave Unit 30

View Alhambra listings

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Alhambra Rental Market Trends

Average Rent: --

National Average Rent: $1,965 (June 30, 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.