Phoenix, AZ Real Estate & Property Data

Phoenix Real Estate Market Trends
Last Updated: May 29, 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 22,657 residential properties have sold over the past year. With a median home price of $430,000 in Phoenix and a total of 125 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 397,632
Total Commercial Properties 22,574
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,850
Total 2024 Residential Sales (year-to-date) 4,824
% of Homes Seriously Underwater (Q2 2024) 0.85%
Total 2023 Residential Sales 20,903
% of Equity Rich Homes (Q2 2024) 45.67%
Effective 2023 Property Tax 0.38%
Total Foreclosure Filings (year-to-date) 303
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Phoenix, AZ Real Estate Overview

There were 22,657 residential properties sold in the past year in Phoenix, AZ. The median home value in Phoenix, AZ is $431,778. There are a total of 397,632 residential properties in the Phoenix.

Median Sales Price i
$430,000
(Mar 2024)
+6.7%
year-over-year
y-o-y
  • March '24 Mar '24 $430,000
  • 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 $440,676
  • April '23 Apr '23 $425,000
Median Down Payment i
$50,000
(Mar 2024)
+33%
year-over-year
y-o-y
  • March '24 Mar '24 $50,000
  • 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 $48,367
  • April '23 Apr '23 $45,500
Number of Homes Sold i
1,924
(Mar 2024)
-7.1%
year-over-year
y-o-y
  • March '24 Mar '24 1,924
  • February '24 Feb '24 1,587
  • January '24 Jan '24 1,313
  • December '23 Dec '23 1,338
  • November '23 Nov '23 1,235
  • October '23 Oct '23 1,583
  • September '23 Sep '23 1,691
  • August '23 Aug '23 1,864
  • July '23 Jul '23 1,785
  • June '23 Jun '23 2,112
  • May '23 May '23 2,252
  • April '23 Apr '23 1,903
Number of Purchase Loans i
1,445
(Mar 2024)
-8.3%
year-over-year
y-o-y
  • March '24 Mar '24 1,445
  • 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 1,682
  • April '23 Apr '23 1,410
Number of REFI Loans i
796
(Mar 2024)
+17.1%
year-over-year
y-o-y
  • March '24 Mar '24 796
  • February '24 Feb '24 692
  • January '24 Jan '24 621
  • December '23 Dec '23 604
  • November '23 Nov '23 583
  • October '23 Oct '23 668
  • September '23 Sep '23 576
  • August '23 Aug '23 788
  • July '23 Jul '23 613
  • June '23 Jun '23 658
  • May '23 May '23 645
  • April '23 Apr '23 476
Number of HELOC Loans i
443
(Mar 2024)
+4.7%
year-over-year
y-o-y
  • March '24 Mar '24 443
  • February '24 Feb '24 373
  • January '24 Jan '24 366
  • December '23 Dec '23 409
  • November '23 Nov '23 391
  • October '23 Oct '23 413
  • September '23 Sep '23 422
  • August '23 Aug '23 481
  • July '23 Jul '23 395
  • June '23 Jun '23 416
  • May '23 May '23 494
  • April '23 Apr '23 394

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 125 Phoenix, AZ properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i
125
(Mar 2024)
+1.6%
year-over-year
y-o-y
  • March '24 Mar '24 125
  • 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
Foreclosure Starts i
125
(Mar 2024)
+1.6%
year-over-year
y-o-y
  • March '24 Mar '24 125
  • 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
Completed Foreclosures (REOs) i
  • March '24 Mar '24 N/A
  • 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
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