Phoenix, AZ Real Estate & Property Data

Phoenix Real Estate Market Trends
Last Updated: April 22, 2025

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 21,963 residential properties have sold over the past year. With a median home price of $460,000 in Phoenix and a total of 123 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 398,931
Total Commercial Properties 23,680
Avg. Home Age (Single Family Home) 46 Years
Avg. Square Feet (Single Family Home) 1,853
Total 2025 Residential Sales (year-to-date) 3,134
% of Homes Seriously Underwater (Q2 2025) 0.95%
Total 2024 Residential Sales 20,134
% of Equity Rich Homes (Q2 2025) 43.22%
Effective 2024 Property Tax 0.39%
Total Foreclosure Filings (year-to-date) 247
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Phoenix, AZ Real Estate Overview

There were 21,963 residential properties sold in the past year in Phoenix, AZ. The median home value in Phoenix, AZ is $418,413. There are a total of 398,931 residential properties in the Phoenix.

Median Sales Price i
$460,000
(Feb 2025)
+6.9%
year-over-year
y-o-y
  • February '25 Feb '25 $460,000
  • January '25 Jan '25 $428,250
  • December '24 Dec '24 $428,500
  • November '24 Nov '24 $451,000
  • October '24 Oct '24 $429,450
  • September '24 Sep '24 $439,999
  • August '24 Aug '24 $426,332
  • July '24 Jul '24 $425,000
  • June '24 Jun '24 $441,370
  • May '24 May '24 $455,000
  • April '24 Apr '24 $440,000
  • March '24 Mar '24 $430,225
Median Down Payment i
$61,400
(Feb 2025)
+22.8%
year-over-year
y-o-y
  • February '25 Feb '25 $61,400
  • January '25 Jan '25 $50,350
  • December '24 Dec '24 $56,000
  • November '24 Nov '24 $55,756
  • October '24 Oct '24 $42,400
  • September '24 Sep '24 $51,525
  • August '24 Aug '24 $53,225
  • July '24 Jul '24 $49,950
  • June '24 Jun '24 $55,000
  • May '24 May '24 $63,500
  • April '24 Apr '24 $66,500
  • March '24 Mar '24 $50,000
Number of Homes Sold i
1,653
(Feb 2025)
+7.2%
year-over-year
y-o-y
  • February '25 Feb '25 1,653
  • January '25 Jan '25 1,481
  • December '24 Dec '24 1,822
  • November '24 Nov '24 1,401
  • October '24 Oct '24 1,643
  • September '24 Sep '24 1,535
  • August '24 Aug '24 1,484
  • July '24 Jul '24 1,790
  • June '24 Jun '24 1,695
  • May '24 May '24 2,190
  • April '24 Apr '24 1,941
  • March '24 Mar '24 1,786
Number of Purchase Loans i
1,188
(Feb 2025)
+10.5%
year-over-year
y-o-y
  • February '25 Feb '25 1,188
  • January '25 Jan '25 1,051
  • December '24 Dec '24 1,388
  • November '24 Nov '24 1,165
  • October '24 Oct '24 1,334
  • September '24 Sep '24 1,405
  • August '24 Aug '24 1,147
  • July '24 Jul '24 1,403
  • June '24 Jun '24 1,223
  • May '24 May '24 1,481
  • April '24 Apr '24 1,405
  • March '24 Mar '24 1,246
Number of REFI Loans i
795
(Feb 2025)
+21.9%
year-over-year
y-o-y
  • February '25 Feb '25 795
  • January '25 Jan '25 797
  • December '24 Dec '24 846
  • November '24 Nov '24 785
  • October '24 Oct '24 1,102
  • September '24 Sep '24 856
  • August '24 Aug '24 885
  • July '24 Jul '24 818
  • June '24 Jun '24 673
  • May '24 May '24 929
  • April '24 Apr '24 694
  • March '24 Mar '24 738
Number of HELOC Loans i
435
(Feb 2025)
+16.6%
year-over-year
y-o-y
  • February '25 Feb '25 435
  • January '25 Jan '25 476
  • December '24 Dec '24 554
  • November '24 Nov '24 455
  • October '24 Oct '24 493
  • September '24 Sep '24 558
  • August '24 Aug '24 527
  • July '24 Jul '24 520
  • June '24 Jun '24 405
  • May '24 May '24 482
  • April '24 Apr '24 476
  • March '24 Mar '24 422

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 123 Phoenix, AZ properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 123 Phoenix, AZ properties and repossessed 9 Phoenix, AZ properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
123
(Feb 2025)
+38.2%
year-over-year
y-o-y
  • February '25 Feb '25 123
  • January '25 Jan '25 124
  • December '24 Dec '24 102
  • November '24 Nov '24 117
  • October '24 Oct '24 124
  • September '24 Sep '24 101
  • August '24 Aug '24 110
  • July '24 Jul '24 120
  • June '24 Jun '24 85
  • May '24 May '24 87
  • April '24 Apr '24 115
  • March '24 Mar '24 125
Foreclosure Starts i
123
(Feb 2025)
+38.2%
year-over-year
y-o-y
  • February '25 Feb '25 123
  • January '25 Jan '25 124
  • December '24 Dec '24 102
  • November '24 Nov '24 117
  • October '24 Oct '24 124
  • September '24 Sep '24 101
  • August '24 Aug '24 110
  • July '24 Jul '24 120
  • June '24 Jun '24 85
  • May '24 May '24 87
  • April '24 Apr '24 115
  • March '24 Mar '24 125
Completed Foreclosures (REOs) i
9
(Feb 2025)
+800%
year-over-year
y-o-y
  • February '25 Feb '25 9
  • January '25 Jan '25 18
  • December '24 Dec '24 3
  • November '24 Nov '24 12
  • October '24 Oct '24 2
  • September '24 Sep '24 6
  • August '24 Aug '24 7
  • July '24 Jul '24 4
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 2
  • March '24 Mar '24 N/A
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