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Phoenix

Phoenix Market Report

$721,408

AVERAGE PRICE OF 6,494 HOMES

$490,521

AVERAGE PRICE OF 38 DISTRESSED HOMES

$2,168,061

AVERAGE PRICE OF 949 MULTI-MILLION DOLLAR HOMES

$1,172,850

AVERAGE PRICE OF 398 NEWLY BUILT HOMES

$1,088,888

AVERAGE PRICE OF 1,734 HOMES WITH A POOL

$746,983

AVERAGE PRICE OF 497 REDUCED PRICE HOMES

Average Home

Average Price $721,408
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $374,173
2 bedrooms $364,345
3 bedrooms $562,225
4 bedrooms $892,962
5 bedrooms $1,409,241
Phoenix Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 6,338 6,083 5,644 4,948 4,901
Average Price $714,656 $723,272 $720,990 $702,886 $685,096
Avg Price Change -1.21% +0.32% +2.58% +2.60% -0.69%
Median Price $477,084 $483,739 $481,809 $472,766 $462,321
Med Price Change -1.39% +0.40% +1.91% +2.26% -0.39%
Avg Bedrooms 2.85 beds 2.84 beds 2.83 beds 2.82 beds 2.79 beds
Avg Bathrooms 2.24 baths 2.23 baths 2.22 baths 2.2 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 564 $936,338 76 days
Total Homes Average Price Avg Days on Site
All Homes 6,494 $721,408 80 days
Distressed Homes 38 $490,521 78 days
Multi-Million Dollar Homes 949 $2,168,061 96 days
Newly Built Homes 398 $1,172,850 105 days
Homes with a Pool 1,734 $1,088,888 70 days
Reduced Price Homes 497 $746,983 64 days
Team Minik | West USA Realty
Michelle Minik
2920 N Litchfield Rd. Ste 100
Goodyear, AZ 85395
623-777-5810
Team Minik BBB Business Review




© 2025 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Michelle Minik - Winback - West USA Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. May 18, 2025
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