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Average List Price
$626,026
Average Price per Sqft
$305
Number of Active Listings
5,106
New Listings (last 30 days)
1,288
Average Days on the Market
83
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
347
Average Sale Price (last 30 days)
$547,161
Rental Market
Average Rent per month
$5,391
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
$5,485,000
$4,495,000
$3,999,995
$3,895,000
$3,750,000
$3,500,000
$3,400,000
$3,330,000
$3,300,000
$3,200,000
$3,180,000
$3,050,000
Price
Descending
12
MLS# 7048108
PENDING
$1,800
2 Beds
2 Baths
Listing Office: Creel Management LLC
MLS# 6985097
ACTIVE
$1,800
2 Beds
2 Baths
Listing Office: RE/MAX Excalibur
MLS# 7052363
PENDING
$1,800
3 Beds
2 Baths
Listing Office: PPG Property Management, LLC
MLS# 7017803
ACTIVE
$1,800
2 Beds
1 Baths
Listing Office: Realty USA Southwest
MLS# 6907228
ACTIVE
$1,800
1 Beds
1 Baths
Listing Office: Realty Executives Arizona Terr
MLS# 6905001
ACTIVE
$1,800
Listing Office: Arizona Estate Investors
MLS# 7051999
ACTIVE
$1,800
3 Beds
1 Baths
Listing Office: Charles Edward Realty
MLS# 7059566
ACTIVE
$1,800
2 Beds
1 Baths
Listing Office: Buyer Direct Realty
MLS# 7056190
ACTIVE
$1,799
4 Beds
2 Baths
Listing Office: Invitation Homes
MLS# 7039690
ACTIVE
$1,799
3 Beds
2 Baths
Listing Office: Property Management Real Estate
MLS# 7048287
ACTIVE
$1,798
3 Beds
1 Baths
Listing Office: Charles Edward 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: 28th July, 2026 11:40 PM (UTC)
