Phoenix Housing Market Updates
What each monthly update includes
Each Phoenix market update looks at price direction, months of supply, days on market, sold-to-list ratio, and what is changing by zip code and neighborhood pocket.
Data preference: ARMLS + RPR + local real estate context.
Why Phoenix is not one market
Phoenix is one city, but its housing market changes by price band, home age, neighborhood identity, commute pattern, lot size, renovation level, HOA presence, and access to jobs, schools, freeways, and desert preserves. South Phoenix, Arcadia, Biltmore, North Phoenix, Desert Ridge, and historic Central Phoenix can move differently at the same time.
Internal guides: Arcadia & Biltmore Guide • North Phoenix / Desert Ridge Guide
Who this page is for
This page is for buyers, sellers, and relocation clients watching Phoenix real estate, especially people comparing affordability, luxury pockets, historic homes, remodel quality, commute routes, desert preserve access, and North Phoenix growth near the I-17, Loop 101, Loop 303, Desert Ridge, and TSMC corridor.
How to read the reports
Start with the newest Phoenix housing market update first. Older monthly reports are useful for spotting whether pricing, inventory, buyer leverage, and seller leverage are improving or weakening over time.
Phoenix market context
Phoenix has a wider housing spread than most cities in Greater Phoenix. The same city includes starter-home corridors, historic districts, mid-century neighborhoods, luxury estates, condos, townhomes, master-planned North Phoenix communities, and high-demand Arcadia and Biltmore pockets.
The monthly reports below are meant to make that easier to track without treating Phoenix like one flat citywide market.
Phoenix Housing Market May 2026
Phoenix Housing Market March 2026
February 2026 Phoenix Housing Market
January 2026 Phoenix Housing Market Update
November 2025 Phoenix Housing Market Update
How to read Phoenix by ZIP code
85042: South Phoenix and the north side of South Mountain. This area often gives buyers more affordability while still keeping access to downtown Phoenix, Sky Harbor, mountain parks, and major commute routes.
85018: Arcadia, Arcadia Lite, and the Camelback corridor. Pricing can swing sharply based on lot size, remodel quality, school demand, Camelback views, teardown potential, and luxury buyer competition.
85032: established North Phoenix with many 1970s to 1990s neighborhoods, starter and move-up homes, and less HOA presence than many newer parts of the city. Roof age, HVAC age, remodel level, and street-by-street condition matter.
85085: newer North Phoenix near the I-17 and Loop 303 growth corridor. Demand can be tied to newer master-planned communities, freeway access, TSMC-area employment growth, and North Valley expansion.
85028: North Central / “Sheaborhood” pocket with a smaller-feel neighborhood pattern. Pricing often depends on lot attributes, mountain proximity, renovation quality, privacy, and micro-location.
85050: Desert Ridge, High Street, and north-of-Loop-101 neighborhoods. Demand is often tied to master-planned communities, retail access, newer homes, freeway convenience, schools, and proximity to desert preserves.
85016: Biltmore and Central Phoenix corridor. Pricing reacts strongly to remodel quality, lot character, Camelback access, condo versus single-family mix, shopping and dining proximity, and central commute strength.
85006: Coronado and near-downtown historic neighborhoods. Lot size, historic character, renovation quality, street-by-street variation, parking, and downtown access can matter more than broad citywide averages.
Phoenix Housing Market FAQ
- How often are Phoenix housing market updates published?
- Monthly, using the most recent closed-data cycle available.
- Why focus on Phoenix ZIP codes instead of Phoenix overall?
- Phoenix behaves like multiple micro-markets. ZIP-level views reduce the noise created by mixing luxury areas, historic neighborhoods, starter-home corridors, condos, townhomes, and newer North Phoenix communities together.
- What should I compare month to month in Phoenix?
- Compare days on market, months of supply, sold-to-list ratio, price direction, inventory, and buyer/seller leverage by ZIP code and neighborhood pocket, not just one citywide median.
- What makes one Phoenix ZIP code move faster or slower than another?
- Housing stock, remodel quality, HOA presence, commute access, lot size, lot orientation, school demand, freeway access, mountain proximity, and buyer demand for specific neighborhoods can change pricing and days on market within the same month.
- Can Andrea help me buy or sell in Phoenix?
- Yes. Andrea Scheppe is a Phoenix native and full-time, award-winning REALTOR® who serves Phoenix, Scottsdale, Tempe, Chandler, Gilbert, Mesa, Ahwatukee, Apache Junction, and surrounding Greater Phoenix areas.