Phoenix, AZ home prices
Phoenix, AZ is flat, mid-priced.
Momentum-0.4%Flat
Vs typical+13%Around average
Rental yield4.6%Moderate yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $126,229 → today: $411,563 (3.3×)
Typical home value
$411,563
Zillow ZHVI
Since 2000
+226.0%
Rank in AZ
#59
of 160 cities
Median rent
$1,577/mo
4.6% gross yield
Market read
At $411,563, homes in Phoenix are 13% above the typical AZ city ($365,130), ranking #59 of 160 we track in the state.
Prices are down 0.4% over the last year.
Phoenix sits in Maricopa County — see the full county market data →
Home value history
Zillow Home Value Index, yearly.
Other cities in Arizona
Paradise Valley · Carefree · Cave Creek · Fort McDowell · Sedona · Scottsdale
Frequently asked questions
What is the average home price in Phoenix, AZ?
The typical Phoenix, AZ home is worth $411,563 — 13% above the typical Arizona city ($365,130).
Are home prices in Phoenix rising?
Phoenix home values have risen +226.0% since 2000, and moved -0.4% in the last year.
What is the rental yield in Phoenix?
Median rent is $1,577/mo, a gross yield of about 4.6%.
What county is Phoenix in?
Phoenix is in Maricopa County, where you can see full county market data.
| Year | Phoenix, AZ home value |
|---|---|
| 2000 | $126,229 |
| 2001 | $134,704 |
| 2002 | $141,806 |
| 2003 | $150,193 |
| 2004 | $169,906 |
| 2005 | $240,924 |
| 2006 | $255,028 |
| 2007 | $237,420 |
| 2008 | $171,916 |
| 2009 | $131,674 |
| 2010 | $115,272 |
| 2011 | $104,305 |
| 2012 | $135,374 |
| 2013 | $169,913 |
| 2014 | $180,076 |
| 2015 | $200,854 |
| 2016 | $218,748 |
| 2017 | $235,935 |
| 2018 | $255,215 |
| 2019 | $271,485 |
| 2020 | $313,303 |
| 2021 | $405,680 |
| 2022 | $430,808 |
| 2023 | $430,538 |
| 2024 | $430,731 |
| 2025 | $413,327 |
| 2026 | $411,563 |