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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

$710,709

AVERAGE PRICE OF 6,098 HOMES

$325,080

AVERAGE PRICE OF 63 DISTRESSED HOMES

$2,159,045

AVERAGE PRICE OF 901 MULTI-MILLION DOLLAR HOMES

$1,281,983

AVERAGE PRICE OF 357 NEWLY BUILT HOMES

$1,193,538

AVERAGE PRICE OF 1,356 HOMES WITH A POOL

$724,032

AVERAGE PRICE OF 454 REDUCED PRICE HOMES

Average Home

Average Price $710,709
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $331,442
2 bedrooms $361,643
3 bedrooms $552,966
4 bedrooms $880,500
5 bedrooms $1,306,940
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 601 $876,745 85 days
Total Homes Average Price Avg Days on Site
All Homes 6,098 $710,709 91 days
Distressed Homes 63 $325,080 106 days
Multi-Million Dollar Homes 901 $2,159,045 112 days
Newly Built Homes 357 $1,281,983 112 days
Homes with a Pool 1,356 $1,193,538 74 days
Reduced Price Homes 454 $724,032 76 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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