If you need assistance, please call 602-320-7547

Phoenix

Why you'd want to live in Phoenix

Phoenix, Arizona Real Estate & Community Guide Phoenix, Arizona, the capital of the state and the heart of the Phoenix metropolitan area, offers a unique combination of urban living, desert beauty, outdoor recreation, culture and year-round sunshine. As one of the largest cities in the Southwest, Phoenix provides residents with a wide variety of neighborhoods, housing options, employment opportunities, restaurants, shopping and entertainment. For people considering moving to Phoenix, the city offers something for almost every lifestyle. From established neighborhoods with mature landscaping to newer communities and luxury properties, Phoenix real estate provides a broad range of choices for home buyers. Phoenix Real Estate The Phoenix real estate market includes single-family homes, townhomes, condos, luxury properties, golf course communities, new construction and established neighborhoods. One of the great things about Phoenix is the variety between neighborhoods. Areas such as Ahwatukee, Arcadia, North Phoenix, Desert Ridge, Downtown Phoenix, Central Phoenix and the Biltmore area can offer very different lifestyles, home styles and price ranges. For homeowners thinking about selling, understanding Phoenix home values, recent comparable sales, inventory, buyer demand and neighborhood-specific trends is critical when determining the right pricing and marketing strategy. Outdoor Recreation Phoenix is famous for its desert landscape and outdoor lifestyle. Residents enjoy hiking, biking, golfing and exploring miles of scenic desert trails. South Mountain Park and Preserve, one of the largest municipal parks in the country, provides incredible hiking, biking and panoramic views of the Valley. Phoenix also offers easy access to nearby desert destinations and mountain communities. And yes—Phoenix sunshine makes outdoor living a major part of the lifestyle.

Phoenix Arizona Phoenix Valley Valley of the Sun

Phoenix Market Report

$647,777

AVERAGE PRICE OF 5,439 HOMES

$346,757

AVERAGE PRICE OF 97 DISTRESSED HOMES

$2,141,015

AVERAGE PRICE OF 648 MULTI-MILLION DOLLAR HOMES

$1,214,313

AVERAGE PRICE OF 448 NEWLY BUILT HOMES

$1,201,128

AVERAGE PRICE OF 1,307 HOMES WITH A POOL

Average Home

Average Price $647,777
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $339,225
2 bedrooms $337,446
3 bedrooms $523,745
4 bedrooms $844,077
5 bedrooms $1,278,195
Phoenix Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings n/a 4,994 5,107 n/a n/a
Average Price n/a $621,718 $631,888 n/a n/a
Avg Price Change n/a -1.64% n/a n/a n/a
Median Price n/a $445,379 $447,165 n/a n/a
Med Price Change n/a -0.40% n/a n/a n/a
Avg Bedrooms n/a 3.14 beds 3.13 beds n/a n/a
Avg Bathrooms n/a 2.46 baths 2.46 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 290 $524,933 82 days
Camelback High School 564 $898,527 89 days
Central High School 425 $619,039 88 days
Paradise Valley High School 239 $529,578 75 days
Pinnacle High School 231 $767,940 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,439 $647,777 82 days
Distressed Homes 97 $346,757 126 days
Multi-Million Dollar Homes 648 $2,141,015 96 days
Newly Built Homes 448 $1,214,313 92 days
Homes with a Pool 1,307 $1,201,128 76 days
r3homegroup | DeLex Realty
4700 S McClintock Drive #160
Tempe, AZ 85282
602-320-7547

© 2026 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 Jeff Cayton - DeLex 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. October 15, 2026
This site is powered by CINC: www.cincpro.com
Listing data on this site is provided by Arizona Regional under license. Arizona Regional is a data provider only and has no affiliation with r3homegroup | DeLex Realty.
Technology & Service Disclosure: This website is a real estate search platform powered by CINC, a real estate technology company. CINC provides the website, search tools, and technology infrastructure only. All real estate related services referenced on this site are provided exclusively by r3homegroup | DeLex Realty.