$68,500
- 2 bd
- 1 ba
- 728 sqft
2524 E Contention Mine Rd Lot 22
Phoenix, AZ Housing Market
$404,067
1.2% 1-yrThe average Phoenix, AZ home value is $404,067, down 1.2% over the past year, and homes go to pending in around 34 days. (Updated on )
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.
Phoenix Key Takeaways
Typical Home Values: $404,067
1-Year Value Change: -1.2%
(Data through September 30, 2026)
Phoenix Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 5,372 ()
New Listings: 1,424 ()
Median Sale to List Ratio: 0.989 ()
Median Sale Price: $413,267 ()
Median List Price: $449,933 ()
Percent of Sales Over List Price: 16.2% ()
Percent of Sales Under List Price: 58.1% ()
Median Days to Pending: 34 ()
(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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Phoenix
- NameMedian ZHVI
- North Mountain$367,727
- Alhambra$340,534
- Sands Oasis$417,590
- Peoria Ave$383,116
- New World$337,246
- Golden Palms$425,583
- Bird of Paradise Neighbors$457,137
- Blue Sky--
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Phoenix Rental Market Trends
Average Rent: $1,571 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: 0% ()
Year-Over-Year Change: 1% ()
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Phoenix, AZ?
The median home value in Phoenix, AZ is $404,067 as of September 2026. This represents a 0.0% increase compared to last month and a 1.2% decrease year-over-year.
How have home values changed in Phoenix, AZ?
Home values in Phoenix, AZ have increased by 0.0% month-over-month and 1.2% year-over-year.
How do home values in Phoenix, AZ compare to Maricopa County, Arizona, and the national average?
The median home value in Phoenix, AZ ($404,067) compares to: Maricopa County ($455,168), Arizona ($416,733), and the U.S. national median ($366,157).
