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Average List Price
$626,983
Average Price per Sqft
$305
Number of Active Listings
5,101
New Listings (last 30 days)
1,276
Average Days on the Market
83
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
333
Average Sale Price (last 30 days)
$547,577
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# 7034903
PENDING
$1,550
2 Beds
2 Baths
Listing Office: Delex Realty
MLS# 7031389
ACTIVE
$1,550
2 Beds
2 Baths
Listing Office: Stirling Brokery Arizona
MLS# 7046368
ACTIVE
$1,550
2 Beds
2 Baths
Listing Office: Resident Realty
MLS# 7048580
ACTIVE
$1,550
1 Beds
1 Baths
Listing Office: Fathom Realty Elite
MLS# 7052980
ACTIVE
$1,550
2 Beds
2 Baths
Listing Office: Stirling Brokery Arizona
MLS# 6916978
ACTIVE
$1,550
1 Beds
1 Baths
Listing Office: Key Management Co., Inc.
MLS# 6867317
ACTIVE
$1,550
1 Beds
1 Baths
Listing Office: Success Property Brokers
MLS# 7055358
ACTIVE
$1,545
2 Beds
2 Baths
Listing Office: AH Properties
MLS# 7029781
PENDING
$1,545
2 Beds
2 Baths
Listing Office: E & G Real Estate Services
MLS# 6899289
ACTIVE
$1,540
1 Beds
1 Baths
Listing Office: Amazing AZ Homes
MLS# 6899288
ACTIVE
$1,540
1 Beds
1 Baths
Listing Office: Amazing AZ Homes
MLS# 6806019
ACTIVE
$1,538
1 Beds
1 Baths
Listing Office: Apartment & Home Solutions
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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 7:30 PM (UTC)
