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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

$617,119

AVERAGE PRICE OF 5,008 HOMES

$347,368

AVERAGE PRICE OF 95 DISTRESSED HOMES

$2,003,753

AVERAGE PRICE OF 534 MULTI-MILLION DOLLAR HOMES

$1,125,989

AVERAGE PRICE OF 388 NEWLY BUILT HOMES

$1,089,044

AVERAGE PRICE OF 1,189 HOMES WITH A POOL

Average Home

Average Price $617,119
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $339,757
2 bedrooms $330,721
3 bedrooms $518,237
4 bedrooms $812,646
5 bedrooms $1,171,276
Phoenix Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings 5,107 n/a n/a 6,172 6,153
Average Price $631,888 n/a n/a $711,234 $710,549
Avg Price Change n/a n/a n/a +0.10% +0.33%
Median Price $447,165 n/a n/a $474,755 $472,447
Med Price Change n/a n/a n/a +0.49% +2.50%
Avg Bedrooms 3.13 beds n/a n/a 2.81 beds 2.81 beds
Avg Bathrooms 2.46 baths n/a n/a 2.23 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 275 $565,495 82 days
Camelback High School 491 $826,782 85 days
Central High School 400 $662,356 94 days
Paradise Valley High School 225 $546,956 86 days
Pinnacle High School 233 $719,583 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,008 $617,119 82 days
Distressed Homes 95 $347,368 123 days
Multi-Million Dollar Homes 534 $2,003,753 101 days
Newly Built Homes 388 $1,125,989 90 days
Homes with a Pool 1,189 $1,089,044 77 days
r3homegroup | DeLex Realty
4700 S McClintok Drive #160
Tempe, AZ 85282
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. August 14, 2026
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