What's the Median Home Price in Phoenix Right Now?

Phoenix's median home sale price sits around $455,000, up about 1% from a year ago — essentially flat, not a big jump. Zillow's broader average value is $410,222, down 2.1% year over year. The gap between those numbers comes down to methodology, not two different markets. Either way, price growth has cooled to a crawl.

What Is the Median Home Price in Phoenix Right Now?

Phoenix proper is sitting around $455,000 for a median sale price, give or take, depending on the month and the data source. That's a moderate number for the Valley — well below Scottsdale, close to the East Valley average, and above the state's more affordable outer suburbs.

If you've seen a different number floating around, you're not imagining things. Depending on where you look, Phoenix prices get reported anywhere from the low $400,000s to the mid-$480,000s. That range isn't a mistake — it's a measurement difference, which is the next thing worth understanding.

Why Do Phoenix Price Numbers Look Different Depending on the Source?

Zillow tracks a home value index built from estimated values across all homes, not just the ones that sold — that's why its number runs lower, around $410,000. Realtor.com tracks list prices, which run higher because sellers often start above where they'll ultimately sell.

MLS-based sold-price data — the number your agent pulls when pricing your home — tends to land in the middle. None of these sources is wrong. They're just answering slightly different questions, which is why it pays to ask which number someone's quoting before you compare it to your own situation.

Is the Median Home Price in Phoenix Going Up or Down?

Flat, mostly. Phoenix's median sale price is up only about 1% year over year, which is close enough to call it unchanged. Zillow's average value is actually down slightly, about 2%, over the same period.

Either way, there's no clear trend in one direction. After the sharp swings of the past few years, Phoenix has settled into something closer to normal — small moves up or down depending on the month, not the double-digit swings buyers and sellers got used to.

How Does Phoenix Compare to the Rest of the Valley?

Phoenix proper runs more moderate than its glossier neighbors. Scottsdale's median sale price sits near $1 million, up sharply from a year ago, while Chandler and Queen Creek have actually pulled back, down several percent year over year as those markets cool from their own recent run-ups.

That spread is exactly why a citywide number only gets you so far. Where you're buying or selling inside the Valley matters more than the metro-wide headline.

By the Numbers: Phoenix Median Price Snapshot

• Phoenix median sale price: about $455,000, up roughly 1% year over year
• Zillow average home value (Phoenix): $410,222, down 2.1% year over year (as of 6/30/2026)
• com median listing price: about $485,000, down nearly 4% year over year
• Median price per square foot: around $294, down slightly year over year
• Statewide Arizona median sale price: about $448,000, up under 1% year over year
• Scottsdale median sale price (comparison): about $1.0 million, up roughly 15% year over year
• Chandler median sale price (comparison): about $525,000, down roughly 7% year over year

The Bottom Line

There's no single "correct" median home price for Phoenix — there's a range, and where a number falls in that range depends on what's being measured. Treat any headline price as a starting point, not a verdict on your specific home or neighborhood. If you want a number you can actually act on, pull comps for your exact street, not the metro average.

Frequently Asked Questions

• Is $454,000 the correct median home price in Phoenix?

It's close. The more current figure is around $455,000, roughly flat to up about 1% year over year, depending on the data source and month measured.

• Why do different websites show different median prices for Phoenix?

Zillow tracks an estimated value index, Realtor.com tracks list prices, and MLS data tracks actual sold prices — each measures something slightly different, so gaps of $20,000 to $50,000 between sources are normal.

• Is the Phoenix median home price rising or falling?

It's essentially flat right now, with most measures showing single-digit percentage moves in either direction rather than a clear trend.

• How does Phoenix's median price compare to Scottsdale or Chandler?

Phoenix proper is more moderate, sitting around $455,000, while Scottsdale runs near $1 million and Chandler sits closer to $525,000.

• Where can I find the most accurate price for my specific neighborhood?

Citywide medians are a starting point, but neighborhood- and street-level comps are far more useful for pricing decisions — reach out and I'll pull those directly for you.

About Brian Eastwood

Brian Eastwood is a Realtor based in Phoenix, Arizona, helping local buyers and sellers navigate the Valley's shifting market with straightforward, data-driven guidance. Reach out anytime to talk through your specific numbers and timeline.