The story of this market
The typical home in Phoenix, Arizona sells for about $480,000, or $280 per square foot.
Homes take about 63 days to sell, which is slow.
Monthly price momentum
Home values since 2015
+0.5%
AZ · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Phoenix, Arizona
The Phoenix housing market is experiencing a cooling phase characterized by a significant drop in pending sales and a decline in closed sales volume. Affordability pressures are impacting buyer activity, leading to a slowdown in the market pace. City-level data for specific metrics like rent and tax rates are not currently published in a consolidated format.
No ARED county foreclosure postings attributed to Phoenix yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Deterministic aggregate of 43 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.5% year over year.
Homes spend a median of 106 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 37.3% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.5% — a stable, low-distress profile.
- Great Wolf Lodge | Arizona4.212.4 mi
- Arizona Grand Resort & Spa4.37.8 mi
- Castles N' Coasters4.39 mi
- Hurricane Harbor Phoenix3.617.7 mi
- Golfland Sunsplash4.214.2 mi
- State Farm Stadium4.612.2 mi
- Desert Botanical Garden4.87.4 mi
- Chase Field4.60.4 mi
- Mortgage Matchup Center4.60.2 mi
- Casino Arizona4.110.8 mi
- Desert Botanical Garden4.87.4 mi
- Phoenix Zoo4.57.2 mi
- Desert Diamond Casino - West Valley3.912.9 mi
- Casino Arizona4.110.8 mi
- OdySea Aquarium4.513.4 mi
- Desert Botanical Garden4.87.4 mi
- Hole in the Rock4.77.4 mi
- Musical Instrument Museum4.916.1 mi
- McCormick-Stillman Railroad Park4.810.6 mi
- Phoenix Art Museum4.71.3 mi
- Desert Botanical Garden4.87.4 mi
- Papago Park4.77.2 mi
- Hole in the Rock4.77.4 mi
- McCormick-Stillman Railroad Park4.810.6 mi
- Dobbins Lookout4.87.2 mi
- Encanto Park4.62.2 mi
- Arizona Grand Resort & Spa4.37.8 mi
- Topgolf Scottsdale4.513 mi
- Topgolf Glendale4.312.6 mi
- Papago Golf Club4.36.5 mi
- Dobson Ranch Golf Course4.612.3 mi
- Arizona Mills4.47.7 mi
- Scottsdale Fashion Square4.69.1 mi
- Chandler Fashion Center4.514.3 mi
- Tempe Marketplace4.69.9 mi
- Phoenix Premium Outlets4.512.5 mi
- Phoenix Sky Harbor International Airport4.33.7 mi
- Mesa Gateway Airport4.425.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
Data retrieved from US Census Bureau ACS 2023 estimates for Phoenix city, Arizona.
applies when — Applies only to parcels located within the boundaries of specific special taxing districts (e.g., Irrigation Water Delivery Districts, SLIDs).
Imposes additional tax levies or per-acreage assessments on top of the primary property tax. For example, some districts charge on a per-acreage basis while others use a rate per $100 of valuation.
Rates and levies are established annually by the specific district.
Requires uniform identification of developed property and improvements for emergency services, record keeping, and postal delivery.
Standardized regulation for all developed property.
applies when — Applies to all development of land conditions that may affect drainage systems and patterns.
Imposes requirements on development projects to manage drainage systems and patterns to prevent flooding and erosion.
Applicable to all development projects impacting drainage.
Controls the use of outdoor artificial illuminating devices to minimize light pollution and protect astronomical observations.
Incorporated into Section 812 of the Maricopa County Zoning Ordinance.
Regulates land use, growth, and development in unincorporated areas to promote public health, safety, and general welfare.
Governs all unincorporated land within the county.
The tax is calculated by multiplying the Limited Property Value (LPV) determined by the County Assessor by the primary tax rate. The rate is derived by dividing the total primary tax levy by the total assessed value of all property within the jurisdiction. For example, a primary tax increase can raise taxes on a $100,000 home from $113.85 to $115.91.
Rates are set annually in August pursuant to A.R.S. § 42-17151.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.