2025 Phoenix AZ Housing Market Report
đ 2025 Phoenix AZ Real Estate Housing Market Trends Report, Statistics and House Value
Here are 2025 Phoenix AZ Housing Market Update for single family home, statistics and house value. Be sure to contact Swee Ng RealtorÂź, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix AZ as 1/5/2026, provided by the FlexMLS system.
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- 2025 number of new listings homes for sale in Phoenix AZ had increased about 5.3% from 2024
- 2025 Phoenix AZ average sold price for single family home is $632,616, that is about 0.5% decreased from 2024
- Phoenix single family homes median sold price in 2025 is $485,000, which had increased about 1.0% from 2024
- Most of single family homes sold in Phoenix AZ in 2025 are traditional sale
- Most expensive homes sold in Phoenix AZ in 2025 is sold for $10,650,000
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Number of Homes Sold in Phoenix AZ in 2025
Based on 2025 Phoenix housing market statistic, we saw 10,095 single family homes sold in Phoenix AZ compare to 9,922 of last year. That is about 1.7% increased number of single family home sold in Phoenix compare to a year ago.
In 2025, we saw 70 days on market (DOM), compare to 57 in 2024. It took average about 70 days to sell your home in Phoenix in 2025.
Phoenix AZ 2025 Median Sold Price
The median sold price for single family home in Phoenix AZ sold in 2025 was $485,000. Compare to last year, median sold price in 2024 is $480,000. The median sold price for single family home in Phoenix has increased about 1.0% from a year ago.
Click here to view Homes for Sale Under $475,000 in Phoenix AZ
2025 Average Sold Price in Phoenix AZ
2025 average sold price for single family home in Phoenix AZ was $632,616. Compare to last year at $635,823, the average sold price had decreased about 0.5% from a year ago.
Click here to view Homes for Sale Under $625,000 in Phoenix AZ
There are 1,102 million dollar listings homes sold in 2025.
2025 Average Sold Price Per SQFT
The average sold price per square feet for single family home in 2025 was $306.00 per square feet, compare to $308.00 a year ago.
Click here to view Homes for Sale in Phoenix Under $200 per square feet
2025 Most Expensive Home Sold in Chandler
2025 most expensive home sold in the Phoenix is located in Phoenix zip code 85018, sold for $10,650,000. The 6,882 square feet home sits on about 68,881 square feet lot features 6 bedrooms, 5.5 bathrooms, 4-car garage and private pool.
2025 Phoenix AZ Monthly Housing Market Report
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Phoenix AZ Single Family Home Price 2000 – 2025
[su_box title=”đĄ Did You Know?” box_color=”#cc181e” radius=”2″]A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?[/su_box]
Experienced and informed buyers understand that even in a growing market, increased inventory doesnât always mean more options. A competitive housing market can limit choicesâespecially depending on the zip code and price range. Thatâs why itâs crucial for buyers to stay well-informed about the specific area theyâre targeting. Local market knowledge gives you the best chance of submitting a strong, competitive offer.
Itâs important to consult with a real estate professional to understand how current market trends affect the specific neighborhood where youâre considering buying or selling. Broad, blended statistics may not accurately reflect whatâs happening in your area. A detailed, local market report can provide the clarity you need to make confident decisions.
If you are considering buying a home in Phoenix there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so donât wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.
Contact or call me at 480.721.6253 if youâre interested in knowing what your Phoenix home is worth in todayâs real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.
Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.
Wondering How Much I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Selling Your Home in Phoenix Arizona
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at todayâs market.
New Listings in Last 24 Hours Phoenix AZ
Just Reduced Price Homes for Sale Phoenix AZ
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Search and view your dream home your way
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