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Phoenix
  • City in Arizona

Phoenix Real Estate Market

About Phoenix Real Estate

Housing
grade C+
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban Suburban Mix
Rent vs. Own
  • Rent
    46%
  • Own
    54%
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Real Estate Costs

Median Home Value
$235,400
National
$217,500
Home Values
  • <$50k
    4%
  • $50-$99k
    6%
  • $100-$199k
    29%
  • $200-$399k
    41%
  • $400-$749k
    16%
  • $750k+
    4%
Median Rent
$1,053
National
$1,062
Monthly Rent
  • <$500
    5%
  • $500-$999
    40%
  • $1,000-$1,499
    40%
  • $1,500-$1,999
    11%
  • $2,000+
    4%
53%
of residents say housing is affordable. 116 responses

Home Quality

Poll
59%
of residents say the exterior quality of homes is good or excellent. 116 responses
Poll
58%
of residents say the interior quality of homes is good or excellent. 116 responses
62%
of residents say there is a good variety of homes. 116 responses
64%
of residents say there are a few vacant or abandoned properties here and there. 116 responses
60%
of residents say that parking is readily available. 116 responses

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Overview

Homes in Phoenix have a median value of $235,400. The median rent price in Phoenix is $1,053 and most residents own their homes. Phoenix is walkable, and there are a lot of coffee shops and parks nearby.

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