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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

$686,608

AVERAGE PRICE OF 5,875 HOMES

$331,454

AVERAGE PRICE OF 55 DISTRESSED HOMES

$2,103,763

AVERAGE PRICE OF 838 MULTI-MILLION DOLLAR HOMES

$1,320,151

AVERAGE PRICE OF 376 NEWLY BUILT HOMES

$1,163,086

AVERAGE PRICE OF 1,265 HOMES WITH A POOL

$673,793

AVERAGE PRICE OF 393 REDUCED PRICE HOMES

Average Home

Average Price $686,608
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $239,628
2 bedrooms $343,691
3 bedrooms $537,477
4 bedrooms $834,393
5 bedrooms $1,497,977
Phoenix Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 5,853 5,739 5,782 6,025 6,336
Average Price $686,438 $674,068 $668,439 $683,775 $711,151
Avg Price Change +1.84% +0.84% -2.29% -4.00% -1.24%
Median Price $462,125 $459,360 $460,230 $467,112 $477,365
Med Price Change +0.60% -0.19% -1.50% -2.19% -0.47%
Avg Bedrooms 2.8 beds 2.8 beds 2.81 beds 2.85 beds 2.88 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.21 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 503 $877,620 93 days
Total Homes Average Price Avg Days on Site
All Homes 5,875 $686,608 97 days
Distressed Homes 55 $331,454 73 days
Multi-Million Dollar Homes 838 $2,103,763 114 days
Newly Built Homes 376 $1,320,151 111 days
Homes with a Pool 1,265 $1,163,086 85 days
Reduced Price Homes 393 $673,793 76 days
r3homegroup | DeLex Realty
6170 W Chandler Blvd #14
Chandler, AZ 85226
602-621-0968

© 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 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. November 16, 2025
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