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Phoenix, AZ Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Phoenix, AZ Market Overview

Real estate market trends reflect that there have been 36523 transactions over the past year in Phoenix. The median value for residential home transactions that occurred over the previous year is $448,944. The number of current listings in Phoenix is 949, and the percentage of properties for sale in the city is 71.1%. Phoenix, AZ currently has 386 properties in foreclosure, 0 bank owned properties, 386 properties headed for auction, and 949 properties for sale.
Active Residential Inventory
1,335
Total Inventory

Recently Sold Properties

23,991
Total Sales (Last 6 Months)
Foreclosures ( 386 )
28.9%
Pre-foreclosures ( 0 )
0%
Bank Owned ( 0 )
0%
Auctions ( 386 )
28.9%
For Sale ( 949 )
71.1%

Phoenix, AZ Home Values

$448,944
Phoenix home values range from $23,837 to $33,500,000. The median estimated value of a home in Phoenix is $448,944. The median list price of a home is $518,200, and the total count of properties in the city is 383,370.

Phoenix, AZ Real Estate Market Overview

Phoenix, AZ Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
85022
$683,878
$305.00/sqft
85032
$501,251
$333.00/sqft
85041
$443,902
$256.50/sqft
85027
$425,958
$308.00/sqft
85042
$416,633
$257.00/sqft
85037
$397,342
$259.00/sqft
85015
$396,284
$258.50/sqft
85031
$368,361
$222.00/sqft
85019
$364,768
$248.00/sqft
85033
$352,952
$249.00/sqft

There are 42 zip codes within Phoenix, AZ; within these zip codes, the median estimated home value for homes in foreclosure ranges from $23,745,800 in 85022 to the lowest value of $64,796 in 85031. Foreclosure homes account for 0.10% of properties in Phoenix, AZ with 85037 containing 23 foreclosures, the highest number of foreclosure properties in a single zip code.

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Phoenix, AZ

Phoenix, AZ Pre-foreclosures Market Overview
Last 24 Hours
Phoenix, AZ Bank Owned Market Overview
Last 24 Hours
Phoenix, AZ Auction Market Overview
Last 24 Hours
Phoenix, AZ For Sale Market Overview
Last 24 Hours
Phoenix, AZ Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 85032
2. 85086
3. 85041
4. 85018
5. 85022
6. 85020
7. 85042
8. 85016
9. 85037
10. 85029
11. 85051
12. 85033
13. 85044
14. 85048
15. 85050
16. 85027
17. 85015
18. 85053
19. 85023
20. 85008

Nearby Cities Phoenix, AZ

1.    Paradise Valley
2.    Glendale
3.    Sun City
4.    Youngtown
5.    Tempe
6.    El Mirage
7.    Tolleson
8.    Cashion
9.    Avondale
10.    Peoria
11.    Luke Air Force Base
12.    Scottsdale
13.    Sun City West
14.    Fountain Hills
15.    Carefree
16.    Mesa

Nearby Zip Codes Phoenix, AZ

1.    85020
2.    85021
3.    85012
4.    85013
5.    85029
6.    85014
7.    85016
8.    85051
9.    85015
10.    85028
11.    85017
12.    85022
13.    85019
14.    85023
15.    85032
16.    85302
17.    85253
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