Phoenix, AZ Housing


447 Reviews



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United States / Arizona / Phoenix-Mesa-Chandler Metro Area / Maricopa County / Phoenix / Zip Codes
Phoenix, AZ is a great place to invest in housing. The median value of housing in Phoenix is $413,000, which is higher than the US house median value of $338,100. In addition, the 1 year house appreciation rate in Phoenix is 10.69%, almost two percentage points higher than the US average of 8.27%. These figures make Phoenix an attractive real estate market for those looking to invest in housing.

The median home cost in Phoenix is $413,000. Home appreciation the last 10 years has been 218.2%. Home Appreciation in Phoenix is up 21.8%.

Average Age of Homes
- The median age of Phoenix real estate is 35 years old
The Rental Market in Phoenix
- Renters make up 40.1% of the Phoenix population
- 1.7% of houses and apartments in Phoenix, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingPhoenix, ArizonaUnited States
  624,409.0139,647,020.0
  3842
  $413,000$338,100
  21.8%16.6%
  94.2%57.0%
  218.2%101.1%
  $5.66$10.98
  $1,571$2,690
  52.1%57.4%
  7.1%11.2%
  40.8%31.4%
  Vacant Housing
  1.7%1.9%
  0.5%0.4%
  0.6%0.7%
  0.4%0.4%
  1.2%3.6%
  2.7%4.1%
  Value of Owner-Occupied Housing
  2.6%2.6%
  1.3%2.4%
  0.8%2.8%
  1.2%3.9%
  1.5%4.5%
  6.3%11.3%
  13.5%13.0%
  28.5%20.1%
  18.6%13.6%
  9.6%8.3%
  10.7%9.7%
  3.2%3.9%
  1.4%2.2%
  0.6%0.8%
  0.4%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  16.3%13.6%
  16.3%13.6%
  15.4%13.6%
  17.5%13.2%
  19.4%14.8%
  15.4%13.6%
  9.6%10.0%
  2.4%4.7%
  1.9%12.2%
Reviews for Phoenix
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Kent · Chandler, AZ
Big City Revitalization.
This Year

Phoenix has tons of the best places to shop and eat at bar none due to it being the big city. Downtown is definitely underrated. There also is some nice new developments  More

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Ray · Mesa, AZ
Microcosm of the Valley. Building Back Better.
Over 1 years ago

Phoenix Arizona represents a lot of problems with Arizona but it is the big city which has to carry more burdens than the rest of the greater Phoenix Area. 1.  More

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no · Mesa, AZ
I pity anyone who wants to move here.
Over 2 years ago

I have lived here my whole life and it used to be not be as busy as it is. It used to be a state where old people would retire in this state and used to be cheap. To put  More

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