$420K
-1.2% Y-o-Y
-$5K Y-o-Y
Phoenix, AZ Housing Market Trends
Market Overview for Q2 2026
$275
0.7% Y-o-Y
$2 Y-o-Y
2,887
-31.1% Y-o-Y
-1,301 Y-o-Y
$428K
-3% Y-o-Y
-$17K Y-o-Y
Phoenix, AZ Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $405,000 | $425,000 | $400,000 | $388,000 |
| 2023 | $375,000 | $408,000 | $425,000 | $419,000 |
| 2024 | $425,000 | $440,000 | $419,000 | $420,000 |
| 2025 | $442,000 | $425,000 | $427,000 | $415,000 |
| 2026 | $415,000 | $420,000 |
Phoenix, AZ Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $262 | $279 | $264 | $251 |
| 2023 | $250 | $263 | $280 | $274 |
| 2024 | $284 | $285 | $276 | $276 |
| 2025 | $283 | $273 | $270 | $265 |
| 2026 | $269 | $275 |
Real Estate Transactions in Phoenix, AZ
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 4,211 | 4,243 | 3,071 | 2,398 |
| 2023 | 2,473 | 2,957 | 3,542 | 2,683 |
| 2024 | 3,383 | 4,532 | 3,754 | 3,496 |
| 2025 | 3,507 | 4,188 | 2,653 | 2,193 |
| 2026 | 2,351 | 2,887 |
Maricopa County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $443,000 | $467,000 | $457,000 | $455,000 |
| 2023 | $435,000 | $464,000 | $465,000 | $465,000 |
| 2024 | $465,000 | $475,000 | $469,000 | $475,000 |
| 2025 | $485,000 | $475,000 | $475,000 | $475,000 |
| 2026 | $465,000 | $460,000 |
Phoenix, AZ Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $405,000 | $425,000 | $400,000 | $388,000 |
| 2023 | $375,000 | $408,000 | $425,000 | $419,000 |
| 2024 | $425,000 | $440,000 | $419,000 | $420,000 |
| 2025 | $442,000 | $425,000 | $427,000 | $415,000 |
| 2026 | $415,000 | $420,000 |
Phoenix, AZ Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $262 | $279 | $264 | $251 |
| 2023 | $250 | $263 | $280 | $274 |
| 2024 | $284 | $285 | $276 | $276 |
| 2025 | $283 | $273 | $270 | $265 |
| 2026 | $269 | $275 |
Real Estate Transactions in Phoenix, AZ
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 4,211 | 4,243 | 3,071 | 2,398 |
| 2023 | 2,473 | 2,957 | 3,542 | 2,683 |
| 2024 | 3,383 | 4,532 | 3,754 | 3,496 |
| 2025 | 3,507 | 4,188 | 2,653 | 2,193 |
| 2026 | 2,351 | 2,887 |
Maricopa County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $443,000 | $467,000 | $457,000 | $455,000 |
| 2023 | $435,000 | $464,000 | $465,000 | $465,000 |
| 2024 | $465,000 | $475,000 | $469,000 | $475,000 |
| 2025 | $485,000 | $475,000 | $475,000 | $475,000 |
| 2026 | $465,000 | $460,000 |
Housing Market Trends by Property Type
Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$295K
-3.3%
$257
-3.7%
460
Houses
$454K
0.9%
$278
0.4%
2,388
Phoenix, AZ Housing Stock
Property Type
Units
320,949
4,259
52,917
51
167
Maricopa County: Demographics
Total population
1,642,323
Median age
34.9
No high school education
6.8%
Some high school/college
33.5%
Bachelor's degree
19.1%
Average household income
$111,047
Occupied housing units
610,442
Owner-occupied units
57.3%
Renter-occupied units
42.7%
Median year structure built
1985
Discover Housing Market Trends in Other Cities
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City
Median Sale Price