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Average List Price
$649,735
Average Price per Sqft
$314
Number of Active Listings
4,633
New Listings (last 30 days)
4,580
Average Days on the Market
99
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
856
Average Sale Price (last 30 days)
$584,895
Rental Market
Average Rent per month
$2,791
Founded in 1881 and incorporated in 1889, Phoenix has grown from a small agricultural settlement into the largest capital city in the United States by population. Known as the “Valley of the Sun,” Phoenix sits on land once cultivated by the ancient Hohokam civilization, whose canals inspired the city’s early irrigation system — many of which still influence neighborhoods today.
Phoenix is unique in that it has both historic districts (like Willo, Encanto, and Roosevelt) showcasing 1920s–1940s bungalows and revival-style homes, as well as extensive mid-century ranch neighborhoods built during the post–World War II housing boom. Today, downtown Phoenix blends these historic roots with modern high-rises and urban condos, while surrounding areas offer desert estates with mountain views.
With over 300 days of sunshine per year, a metro population exceeding 4.9 million residents, and a real estate landscape that mirrors its layered history, Phoenix continues to stand out as one of the Southwest’s most dynamic housing markets.
Map of the area
3D Tour
$4,770,000
$4,550,000
$4,400,000
$4,300,000
3D Tour
$4,100,000
$3,600,000
$3,500,000
$3,050,000
$2,999,000
$2,999,000
Price
Descending
12
MLS# 6950228
ACTIVE
$24,000,000
Listing Office: RETSY
MLS# 6950226
ACTIVE
$24,000,000
1 Beds
4 Baths
Listing Office: RETSY
MLS# 6807413
ACTIVE
$13,500,000
4 Beds
7 Baths
Listing Office: Revana Realty
MLS# 6967125
ACTIVE
$13,000,000
4 Beds
7 Baths
Listing Office: Local Luxury Christie's International Real Estate
MLS# 6928348
PENDING
$13,000,000
5 Beds
7 Baths
Listing Office: Compass
MLS# 6930678
ACTIVE
$12,995,000
7 Beds
9 Baths
Listing Office: Compass
MLS# 6916920
ACTIVE
$12,700,000
7 Beds
10 Baths
Listing Office: Engel & Voelkers Scottsdale
MLS# 6799784
ACTIVE
$11,000,000
4 Beds
8 Baths
Listing Office: Compass
MLS# 6957861
ACTIVE
$9,995,000
5 Beds
6 Baths
Listing Office: Compass
MLS# 6832113
ACTIVE
$9,950,000
5 Beds
7 Baths
Listing Office: Compass
MLS# 6964167
ACTIVE
$9,950,000
5 Beds
7 Baths
Listing Office: Compass
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The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the ynotbuyaz. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 14th January, 2026 2:00 PM (UTC)
