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Phoenix

Phoenix Market Report

$709,577

AVERAGE PRICE OF 6,385 HOMES

$477,003

AVERAGE PRICE OF 38 DISTRESSED HOMES

$2,133,988

AVERAGE PRICE OF 914 MULTI-MILLION DOLLAR HOMES

$1,249,688

AVERAGE PRICE OF 389 NEWLY BUILT HOMES

$1,054,666

AVERAGE PRICE OF 1,739 HOMES WITH A POOL

$625,272

AVERAGE PRICE OF 477 REDUCED PRICE HOMES

Average Home

Average Price $709,577
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $390,333
2 bedrooms $348,862
3 bedrooms $555,841
4 bedrooms $869,743
5 bedrooms $1,335,706
Phoenix Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 6,499 6,338 6,083 5,644 4,948
Average Price $719,952 $714,656 $723,272 $720,990 $702,886
Avg Price Change +0.74% -1.21% +0.32% +2.58% +2.60%
Median Price $479,618 $477,084 $483,739 $481,809 $472,766
Med Price Change +0.53% -1.39% +0.40% +1.91% +2.26%
Avg Bedrooms 2.87 beds 2.85 beds 2.84 beds 2.83 beds 2.82 beds
Avg Bathrooms 2.25 baths 2.24 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 534 $895,638 82 days
Total Homes Average Price Avg Days on Site
All Homes 6,385 $709,577 85 days
Distressed Homes 38 $477,003 83 days
Multi-Million Dollar Homes 914 $2,133,988 102 days
Newly Built Homes 389 $1,249,688 109 days
Homes with a Pool 1,739 $1,054,666 77 days
Reduced Price Homes 477 $625,272 71 days
Team Minik | Realty of America
Michelle Minik
1300 S Litchfield Rd STE 220P
Goodyear, AZ 85338
623-777-5810
Team Minik BBB Business Review

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© 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 Michelle Minik - Realty of America 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. June 17, 2025
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