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Metro housing market

Phoenix, AZ housing market

The latest Phoenix, AZ home prices, inventory, and days on market. The typical home here is 5.8% higher than the Arizona state average and 21.1% higher than the U.S. typical value.

Data as of May 2026.

Latest market snapshot

Home value

$448K

May 2026

Days on market

31 days

May 2026

Inventory

26,582

May 2026

What the numbers say

  • ·Typical home value (ZHVI) is $448,352 — -0.4% month over month, -1.7% year over year.
  • ·Median days on market is 31 days — +10.7% month over month, 0.0% year over year.
  • ·Homes for sale is 26,582 — +0.8% month over month, +0.9% year over year.

13-month trends

Typical home value (ZHVI)May 2025May 2026
Phoenix, AZ Typical home value (ZHVI) — trailing 13 months$448K
Not enough data to chart median sale price yet.
Median days on marketMay 2025May 2026
Phoenix, AZ Median days on market — trailing 13 months31 days
Homes for saleMay 2025May 2026
Phoenix, AZ Homes for sale — trailing 13 months26,582

Other metros in Arizona

Sources & methodology

Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices. We cite openly so you can verify.