Phoenix - AZ housing market
Current home values, days on market, and price-cut activity for the Phoenix - AZ metro. Data refreshed from Zillow Research monthly.
How to read this data
The typical home value ($448,160) is the Zillow Home Value Index for the Phoenix - AZ metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 2.0% over the past year. A home worth $457,306 last year is now worth roughly $448,160.
Homes listed in Phoenix - AZ sit on the market for roughly 32.0 days before going pending. Shorter = seller's market; longer = buyer's market.
About 32.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in AZ
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Tucson - AZ | $342,047 | -2.1% | 40.0d |