Phoenix, AZ Real Estate & Property Data

Phoenix Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Phoenix, AZ. ATTOM’s Phoenix real estate data is updated daily, and current market trends show that in Phoenix, AZ a total of 22,430 residential properties have sold over the past year. With a median home price of $438,500 in Phoenix and a total of 89 foreclosures. Get detailed property data for Phoenix, AZ instantly. ATTOM is your one-stop-shop for the Phoenix property reports and real estate data you need in Phoenix, AZ.

Phoenix Real Estate Market Trends
Total Residential Properties 396,543
Total Commercial Properties 22,078
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,850
Total 2024 Residential Sales (year-to-date) 2,900
% of Homes Seriously Underwater (Q2 2024) 0.9%
Total 2023 Residential Sales 20,897
% of Equity Rich Homes (Q2 2024) 45.12%
Effective 2023 Property Tax 0.39%
Total Foreclosure Filings (year-to-date) 178
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Phoenix, AZ Real Estate Overview

There were 22,430 residential properties sold in the past year in Phoenix, AZ. The median home value in Phoenix, AZ is $423,148. There are a total of 396,543 residential properties in the Phoenix.

Median Sales Price i
$438,500
(Feb 2024)
+7.1%
year-over-year
y-o-y
  • February '24 Feb '24 $438,500
  • January '24 Jan '24 $420,500
  • December '23 Dec '23 $425,000
  • November '23 Nov '23 $419,950
  • October '23 Oct '23 $425,000
  • September '23 Sep '23 $427,750
  • August '23 Aug '23 $430,000
  • July '23 Jul '23 $450,000
  • June '23 Jun '23 $437,745
  • May '23 May '23 $440,338
  • April '23 Apr '23 $425,000
  • March '23 Mar '23 $403,000
Median Down Payment i
$52,375
(Feb 2024)
+47%
year-over-year
y-o-y
  • February '24 Feb '24 $52,375
  • January '24 Jan '24 $55,000
  • December '23 Dec '23 $55,000
  • November '23 Nov '23 $50,000
  • October '23 Oct '23 $50,000
  • September '23 Sep '23 $57,500
  • August '23 Aug '23 $52,589
  • July '23 Jul '23 $50,000
  • June '23 Jun '23 $45,000
  • May '23 May '23 $48,291
  • April '23 Apr '23 $45,500
  • March '23 Mar '23 $37,600
Number of Homes Sold i
1,587
(Feb 2024)
-6.8%
year-over-year
y-o-y
  • February '24 Feb '24 1,587
  • January '24 Jan '24 1,313
  • December '23 Dec '23 1,338
  • November '23 Nov '23 1,233
  • October '23 Oct '23 1,582
  • September '23 Sep '23 1,690
  • August '23 Aug '23 1,864
  • July '23 Jul '23 1,785
  • June '23 Jun '23 2,112
  • May '23 May '23 2,251
  • April '23 Apr '23 1,903
  • March '23 Mar '23 2,070
Number of Purchase Loans i
1,174
(Feb 2024)
-9.7%
year-over-year
y-o-y
  • February '24 Feb '24 1,174
  • January '24 Jan '24 908
  • December '23 Dec '23 1,011
  • November '23 Nov '23 843
  • October '23 Oct '23 1,137
  • September '23 Sep '23 1,181
  • August '23 Aug '23 1,346
  • July '23 Jul '23 1,351
  • June '23 Jun '23 1,512
  • May '23 May '23 1,681
  • April '23 Apr '23 1,410
  • March '23 Mar '23 1,576
Number of REFI Loans i
692
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 692
  • January '24 Jan '24 621
  • December '23 Dec '23 603
  • November '23 Nov '23 583
  • October '23 Oct '23 667
  • September '23 Sep '23 576
  • August '23 Aug '23 787
  • July '23 Jul '23 613
  • June '23 Jun '23 658
  • May '23 May '23 642
  • April '23 Apr '23 475
  • March '23 Mar '23 680
Number of HELOC Loans i
373
(Feb 2024)
+2.5%
year-over-year
y-o-y
  • February '24 Feb '24 373
  • January '24 Jan '24 366
  • December '23 Dec '23 408
  • November '23 Nov '23 392
  • October '23 Oct '23 413
  • September '23 Sep '23 422
  • August '23 Aug '23 481
  • July '23 Jul '23 395
  • June '23 Jun '23 415
  • May '23 May '23 494
  • April '23 Apr '23 394
  • March '23 Mar '23 423

Phoenix, AZ Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Phoenix, AZ Foreclosure Activity

There were a total of 89 Phoenix, AZ properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 89 Phoenix, AZ properties and repossessed 1 Phoenix, AZ properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
89
(Feb 2024)
+3.5%
year-over-year
y-o-y
  • February '24 Feb '24 89
  • January '24 Jan '24 89
  • December '23 Dec '23 66
  • November '23 Nov '23 85
  • October '23 Oct '23 100
  • September '23 Sep '23 92
  • August '23 Aug '23 93
  • July '23 Jul '23 84
  • June '23 Jun '23 86
  • May '23 May '23 80
  • April '23 Apr '23 95
  • March '23 Mar '23 123
Foreclosure Starts i
89
(Feb 2024)
+3.5%
year-over-year
y-o-y
  • February '24 Feb '24 89
  • January '24 Jan '24 89
  • December '23 Dec '23 66
  • November '23 Nov '23 85
  • October '23 Oct '23 100
  • September '23 Sep '23 92
  • August '23 Aug '23 93
  • July '23 Jul '23 84
  • June '23 Jun '23 86
  • May '23 May '23 80
  • April '23 Apr '23 95
  • March '23 Mar '23 123
Completed Foreclosures (REOs) i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 3
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