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Phoenix

Why you'd want to live in Phoenix

Phoenix, the capital of Arizona, is an attractive place to live for its vibrant urban lifestyle combined with stunning natural beauty. It offers a mix of cultural, historical, and modern attractions, including world-class museums, theaters, and a thriving arts scene. The city is known for its warm weather and abundant sunshine, making it ideal for those who enjoy outdoor activities such as hiking, biking, and golfing. The diverse culinary scene and numerous shopping districts add to its appeal, providing residents with a variety of options for dining and entertainment. Additionally, Phoenix is home to several major sports teams, offering exciting events throughout the year for sports enthusiasts.

Phoenix

Phoenix Market Report

$708,912

AVERAGE PRICE OF 6,178 HOMES

$331,024

AVERAGE PRICE OF 65 DISTRESSED HOMES

$2,157,478

AVERAGE PRICE OF 906 MULTI-MILLION DOLLAR HOMES

$1,276,050

AVERAGE PRICE OF 363 NEWLY BUILT HOMES

$1,190,568

AVERAGE PRICE OF 1,374 HOMES WITH A POOL

$736,044

AVERAGE PRICE OF 465 REDUCED PRICE HOMES

Average Home

Average Price $708,912
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $330,217
2 bedrooms $360,895
3 bedrooms $551,234
4 bedrooms $880,078
5 bedrooms $1,310,037
Phoenix Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 5,844 5,165 5,256 5,794 5,853
Average Price $708,224 $698,039 $689,684 $688,431 $686,438
Avg Price Change +1.46% +1.21% +0.18% +0.29% +1.84%
Median Price $460,939 $453,307 $450,000 $452,393 $462,125
Med Price Change +1.68% +0.73% -0.53% -2.15% +0.60%
Avg Bedrooms 2.8 beds 2.78 beds 2.76 beds 2.8 beds 2.8 beds
Avg Bathrooms 2.22 baths 2.2 baths 2.18 baths 2.2 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 606 $877,496 85 days
Total Homes Average Price Avg Days on Site
All Homes 6,178 $708,912 90 days
Distressed Homes 65 $331,024 109 days
Multi-Million Dollar Homes 906 $2,157,478 111 days
Newly Built Homes 363 $1,276,050 111 days
Homes with a Pool 1,374 $1,190,568 73 days
Reduced Price Homes 465 $736,044 87 days
r3homegroup | DeLex Realty
6170 W Chandler Blvd #14
Chandler, AZ 85226
602-621-0968

© 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. March 13, 2026
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