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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

$710,793

AVERAGE PRICE OF 6,203 HOMES

$387,340

AVERAGE PRICE OF 77 DISTRESSED HOMES

$2,153,485

AVERAGE PRICE OF 918 MULTI-MILLION DOLLAR HOMES

$1,300,772

AVERAGE PRICE OF 335 NEWLY BUILT HOMES

$1,174,352

AVERAGE PRICE OF 1,412 HOMES WITH A POOL

$712,915

AVERAGE PRICE OF 435 REDUCED PRICE HOMES

Average Home

Average Price $710,793
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $323,216
2 bedrooms $350,548
3 bedrooms $555,538
4 bedrooms $889,010
5 bedrooms $1,292,996
Phoenix Home Price Trends
  3/2026 2/2026 1/2026 12/2025 11/2025
Total Listings 6,153 5,844 5,165 5,256 5,794
Average Price $710,549 $708,224 $698,039 $689,684 $688,431
Avg Price Change +0.33% +1.46% +1.21% +0.18% +0.29%
Median Price $472,447 $460,939 $453,307 $450,000 $452,393
Med Price Change +2.50% +1.68% +0.73% -0.53% -2.15%
Avg Bedrooms 2.81 beds 2.8 beds 2.78 beds 2.76 beds 2.8 beds
Avg Bathrooms 2.23 baths 2.22 baths 2.2 baths 2.18 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 615 $861,621 87 days
Total Homes Average Price Avg Days on Site
All Homes 6,203 $710,793 90 days
Distressed Homes 77 $387,340 113 days
Multi-Million Dollar Homes 918 $2,153,485 111 days
Newly Built Homes 335 $1,300,772 114 days
Homes with a Pool 1,412 $1,174,352 71 days
Reduced Price Homes 435 $712,915 71 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. April 21, 2026
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