Phoenix Market Report
$690,458
AVERAGE PRICE OF 6,060 HOMES$448,028
AVERAGE PRICE OF 35 DISTRESSED HOMES$2,102,197
AVERAGE PRICE OF 828 MULTI-MILLION DOLLAR HOMES$1,246,188
AVERAGE PRICE OF 363 NEWLY BUILT HOMES$1,018,278
AVERAGE PRICE OF 1,570 HOMES WITH A POOL$597,076
AVERAGE PRICE OF 352 REDUCED PRICE HOMESAverage Home
| Average Price | $690,458 |
| Avg Bedrooms | 2.86 beds |
| Avg Bathrooms | 2.22 baths |
Average Price by Bedrooms
| 1 bedroom | $393,549 |
| 2 bedrooms | $343,687 |
| 3 bedrooms | $546,381 |
| 4 bedrooms | $835,306 |
| 5 bedrooms | $1,308,006 |
Phoenix Home Price Trends
| 6/2025 | 5/2025 | 4/2025 | 3/2025 | 2/2025 | |
|---|---|---|---|---|---|
| Total Listings | 6,336 | 6,499 | 6,338 | 6,083 | 5,644 |
| Average Price | $711,151 | $719,952 | $714,656 | $723,272 | $720,990 |
| Avg Price Change | -1.24% | +0.74% | -1.21% | +0.32% | +2.58% |
| Median Price | $477,365 | $479,618 | $477,084 | $483,739 | $481,809 |
| Med Price Change | -0.47% | +0.53% | -1.39% | +0.40% | +1.91% |
| Avg Bedrooms | 2.88 beds | 2.87 beds | 2.85 beds | 2.84 beds | 2.83 beds |
| Avg Bathrooms | 2.25 baths | 2.25 baths | 2.24 baths | 2.23 baths | 2.22 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Central High School | 483 | $666,113 | 107 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 6,060 | $690,458 | 88 days |
| Distressed Homes | 35 | $448,028 | 98 days |
| Multi-Million Dollar Homes | 828 | $2,102,197 | 106 days |
| Newly Built Homes | 363 | $1,246,188 | 112 days |
| Homes with a Pool | 1,570 | $1,018,278 | 81 days |
| Reduced Price Homes | 352 | $597,076 | 75 days |
