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Average List Price
$651,070
Average Price per Sqft
$314
Number of Active Listings
7,593
New Listings (last 30 days)
1,863
Average Days on the Market
1376
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1206
Average Sale Price (last 30 days)
$582,909
Rental Market
Average Rent per month
$2,940
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
$6,850,000
$5,895,000
3D Tour
$5,498,000
$4,750,000
$4,400,000
$4,150,000
$4,100,000
3D Tour
$3,895,000
$3,750,000
$3,599,000
Price
Descending
12
MLS# 7018178
ACTIVE
$3,500,000
5 Beds
5 Baths
Listing Office: eXp Realty
MLS# 6985721
ACTIVE
$3,500,000
4 Beds
5 Baths
Listing Office: My Home Group Real Estate
MLS# 7017362
ACTIVE
$3,490,000
5 Beds
8 Baths
Listing Office: Keller Williams Realty Sonoran Living
MLS# 6857045
ACTIVE
$3,399,000
5 Beds
4 Baths
Listing Office: Local Luxury Christie's International Real Estate
MLS# 6990911
CONTRACT
$3,350,000
4 Beds
3 Baths
Listing Office: RETSY
MLS# 6955610
ACTIVE
$3,300,000
Listing Office: ABI Multifamily
MLS# 7006402
ACTIVE
$3,300,000
5 Beds
5 Baths
Listing Office: Realty Executives Arizona Territory
MLS# 6985856
ACTIVE
$3,300,000
Listing Office: R.O.I. Properties
MLS# 6994718
ACTIVE
$3,295,000
4 Beds
5 Baths
Listing Office: Sonoran Realty
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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: 24th April, 2026 11:15 PM (UTC)
