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Phoenix Market Report

$720,526

AVERAGE PRICE OF 6,521 HOMES

$487,048

AVERAGE PRICE OF 38 DISTRESSED HOMES

$2,163,895

AVERAGE PRICE OF 954 MULTI-MILLION DOLLAR HOMES

$1,169,537

AVERAGE PRICE OF 404 NEWLY BUILT HOMES

$1,088,418

AVERAGE PRICE OF 1,739 HOMES WITH A POOL

$737,832

AVERAGE PRICE OF 484 REDUCED PRICE HOMES

Average Home

Average Price $720,526
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $375,524
2 bedrooms $364,160
3 bedrooms $561,157
4 bedrooms $892,727
5 bedrooms $1,411,197
Phoenix Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 6,338 6,083 5,644 4,948 4,901
Average Price $714,656 $723,272 $720,990 $702,886 $685,096
Avg Price Change -1.21% +0.32% +2.58% +2.60% -0.69%
Median Price $477,084 $483,739 $481,809 $472,766 $462,321
Med Price Change -1.39% +0.40% +1.91% +2.26% -0.39%
Avg Bedrooms 2.85 beds 2.84 beds 2.83 beds 2.82 beds 2.79 beds
Avg Bathrooms 2.24 baths 2.23 baths 2.22 baths 2.2 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 564 $936,208 77 days
Total Homes Average Price Avg Days on Site
All Homes 6,521 $720,526 82 days
Distressed Homes 38 $487,048 80 days
Multi-Million Dollar Homes 954 $2,163,895 97 days
Newly Built Homes 404 $1,169,537 106 days
Homes with a Pool 1,739 $1,088,418 72 days
Reduced Price Homes 484 $737,832 64 days
Team Minik | West USA Realty
Michelle Minik
2920 N Litchfield Rd. Ste 100
Goodyear, AZ 85395
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 - Winback - West USA 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. May 21, 2025
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