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Phoenix

Phoenix Market Report

$706,516

AVERAGE PRICE OF 5,905 HOMES

$321,583

AVERAGE PRICE OF 59 DISTRESSED HOMES

$2,201,260

AVERAGE PRICE OF 854 MULTI-MILLION DOLLAR HOMES

$1,310,880

AVERAGE PRICE OF 363 NEWLY BUILT HOMES

$1,193,100

AVERAGE PRICE OF 1,277 HOMES WITH A POOL

$663,326

AVERAGE PRICE OF 433 REDUCED PRICE HOMES

Average Home

Average Price $706,516
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $338,503
2 bedrooms $362,197
3 bedrooms $550,852
4 bedrooms $861,076
5 bedrooms $842,959
Phoenix Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 5,168 5,262 5,801 5,861 5,747
Average Price $697,827 $689,453 $688,260 $686,234 $673,924
Avg Price Change +1.21% +0.17% +0.30% +1.83% +0.82%
Median Price $453,294 $449,998 $452,404 $462,099 $459,318
Med Price Change +0.73% -0.53% -2.14% +0.61% -0.17%
Avg Bedrooms 2.7 beds 2.77 beds 2.86 beds 3 beds 2.93 beds
Avg Bathrooms 2.1 baths 2.14 baths 2.17 baths 2.16 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 543 $878,940 89 days
Total Homes Average Price Avg Days on Site
All Homes 5,905 $706,516 75 days
Distressed Homes 59 $321,583 98 days
Multi-Million Dollar Homes 854 $2,201,260 115 days
Newly Built Homes 363 $1,310,880 113 days
Homes with a Pool 1,277 $1,193,100 78 days
Reduced Price Homes 433 $663,326 82 days
© 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 Realty Executives are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them including the name of the listing brokers. All information is 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 ArizonaRegional Multiple Listing Service shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. February 15, 2026
Based on information submitted to the MLS GRID as of February 15, 2026 11 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
© 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 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. February 15, 2026
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