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Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs. Other highlights include the Desert Botanical Garden, displaying cacti and numerous native plants. via google

Phoenix Market Report

$634,638

AVERAGE PRICE OF 5,050 HOMES

$352,548

AVERAGE PRICE OF 95 DISTRESSED HOMES

$2,090,142

AVERAGE PRICE OF 568 MULTI-MILLION DOLLAR HOMES

$1,162,765

AVERAGE PRICE OF 401 NEWLY BUILT HOMES

$1,167,036

AVERAGE PRICE OF 1,192 HOMES WITH A POOL

Average Home

Average Price $634,638
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $337,047
2 bedrooms $328,710
3 bedrooms $523,937
4 bedrooms $826,065
5 bedrooms $1,269,067
Phoenix Home Price Trends
  8/2026 7/2026 6/2026 5/2026 4/2026
Total Listings 4,994 5,107 n/a n/a 6,172
Average Price $621,718 $631,888 n/a n/a $711,234
Avg Price Change -1.64% n/a n/a n/a +0.10%
Median Price $445,379 $447,165 n/a n/a $474,755
Med Price Change -0.40% n/a n/a n/a +0.49%
Avg Bedrooms 3.14 beds 3.13 beds n/a n/a 2.81 beds
Avg Bathrooms 2.46 baths 2.46 baths n/a n/a 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 287 $562,109 81 days
Camelback High School 522 $843,023 85 days
Central High School 401 $676,280 92 days
Pinnacle High School 235 $723,210 81 days
South Mountain High School 227 $447,923 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,050 $634,638 82 days
Distressed Homes 95 $352,548 119 days
Multi-Million Dollar Homes 568 $2,090,142 98 days
Newly Built Homes 401 $1,162,765 91 days
Homes with a Pool 1,192 $1,167,036 77 days
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085
602-410-0827

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© 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 Bryan Baylon - Keller Williams Northeast 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. September 6, 2026
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