Market Statistics for Phoenix

This page shows what’s going on in the Real Estate Market in Phoenix. If you’d like to request a Property Valuation for your home, please click HERE. To get additional information about the market, please contact us.

Real Estate Market Stats

Zillow Home Value Index: $94,500

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $94,500 $146,900
Median Single Family Home Value $101,600 $146,900
Median Condo Value $69,600 $145,800
Median 2-Bedroom Home Value $71,400 $110,100
Median 3-Bedroom Home Value $91,200 $140,500
Median 4-Bedroom Home Value $145,000 $230,100
Percent Homes Decreasing 60.3% 63%
Percent Listing Price Reduction 19.5% 25.6%
Median List Price Per Sq Ft $66 $92
Median List Price $119,000 $180,000
Median Sale Price $110,900 $178,200
Homes Recently Sold 3,602 289,233
Property Tax $1,161 $2,111
Turnover (Sold Within Last Yr.) 9.2% 3.4%
Median Value Per Sq Ft $74 $105
1-Yr. Change -7.4% -4.7%
>Homes For Sale By Owner 107 41,885
>New Construction 308 43,921
>Foreclosures 7,466 566,854

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