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Average List Price
$627,696
Average Price per Sqft
$305
Number of Active Listings
5,083
New Listings (last 30 days)
1,256
Average Days on the Market
83
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
326
Average Sale Price (last 30 days)
$545,723
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# 7023556
ACTIVE
$1,250
3 Beds
2 Baths
Listing Office: Candid Realty
MLS# 7022297
ACTIVE
$1,250
2 Beds
2 Baths
Listing Office: MacLay Real Estate
MLS# 7040222
PENDING
$1,250
1 Beds
1 Baths
Listing Office: Realty ONE Group
MLS# 7058671
ACTIVE
$1,250
2 Beds
2 Baths
Listing Office: Trifecta Real Estate and Property Management
MLS# 7001876
ACTIVE
$1,250
1 Beds
1 Baths
Listing Office: Brokers Hub Realty, LLC
MLS# 7033591
ACTIVE
$1,250
2 Beds
2 Baths
Listing Office: Realty85
MLS# 7034821
ACTIVE
$1,250
1 Beds
1 Baths
Listing Office: NextHome Modern Market
MLS# 7016100
ACTIVE
$1,250
2 Beds
1 Baths
Listing Office: W and Partners, LLC
MLS# 7016093
ACTIVE
$1,250
2 Beds
1 Baths
Listing Office: W and Partners, LLC
MLS# 7019664
ACTIVE
$1,250
2 Beds
2 Baths
Listing Office: Rock Realty & Investments, LLC
MLS# 7036380
ACTIVE
$1,250
2 Beds
3 Baths
Listing Office: AZ Prime Property Management
MLS# 6922650
ACTIVE
$1,250
2 Beds
1 Baths
Listing Office: Arizona Elite Properties
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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 11:47 AM (UTC)
