Phoenix, AZ Housing Market
The Phoenix, AZ housing market has 4,382 homes for sale as of November 3, 2026, with a median asking price of $445,000. 230 homes were listed this week and 1,565 have been on the market for more than 90 days.
Phoenix housing market snapshot
All 4,382 homes for sale today.
Market pace The typical Phoenix home has been listed 62 days, against 61 across the US. A quarter quicker than the US is fast, a quarter slower is slow.
Balanced
Homes here sell at about the US pace.
- Homes for sale
- 4,382
- Median price
- $445,000
- Median days on market
- 62
The typical home for sale
- 3 bed
- 3 bath
- 1,892 sqft
- Built around 1987
- $315 per sqft
Hottest neighborhoods in Phoenix right now
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Collections of Phoenix homes
Themed sets of homes for one kind of buyer at a time: a budget, a neighborhood or a way of living.
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3+ Bedroom Downsizer Homes for Sale in Phoenix, AZ Under $450K
Phoenix neighborhoods for downsizers range from the grid of central streets near Downtown Phoenix to the foothills on the south side. South Mountain Preserve, one of the largest municipal parks in the United States, offers hiking and biking trails within a short drive of the south valley. Downtown Phoenix anchors the core, and the Valley Metro light rail runs along Central Avenue between Downtown and Midtown. Camelback Mountain rises to the northeast, where the Echo Canyon trailhead draws hikers from nearby streets. Commutes stay manageable here. Phoenix Sky Harbor International Airport sits a few miles from downtown and is reached in about 15 minutes from much of central Phoenix, while Interstate 10 and the South Mountain Freeway (Loop 202) carry commuters to jobs across the Valley. The Phoenix Union High School District and Phoenix Elementary School District serve parts of the city, so buyers should confirm the district for each address. To the northwest, Lake Pleasant is a common weekend destination for boating and fishing.
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3+ Bedroom First-Time Buyer Homes for Sale in Phoenix, AZ Under $525K
These homes sit across north and central Phoenix, where the Loop 101 and I-17 freeways link neighborhoods like Desert Ridge and Deer Valley to the rest of the valley. Desert Ridge's master-planned streets are newer than much of the city, and the Deer Valley area sits close to the Phoenix Mountains Preserve, where desert trails climb toward the ridgelines. Downtown Phoenix and Sky Harbor Airport are a short drive south down I-17 from the north valley. Daily life runs on the freeway grid, with commutes to downtown Phoenix often taking under 30 minutes outside rush hour. Residents hike and ride the Phoenix Mountains Preserve on weekends, and many north Phoenix neighborhoods fall within the Deer Valley Unified School District. Community pools, parks, and walking paths are common in the master-planned communities here.
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3+ Bedroom Short-Term Rental Homes for Sale in Phoenix, AZ Under $500K
Short-term rental demand in Phoenix clusters around Downtown Phoenix, where the Valley Metro light rail runs along Central Avenue past the Arizona State Capitol. The Coronado and Garfield historic districts sit just north of the core, with older brick homes on tree-lined blocks. Encanto Park offers lakes and shaded paths in central Phoenix, while Papago Park's red rock buttes sit beside the Phoenix Zoo and the Hole in the Rock formation. Most commutes follow Interstate 10 and Loop 202, which link central Phoenix to the Tempe and Chandler job centres. Sky Harbor Airport sits about 3 miles from downtown, so guests can reach a rental without a long highway drive. Investors should confirm zoning, HOA rules and City of Phoenix short-term rental requirements before closing.
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5+ Bedroom Multigenerational Homes for Sale in Phoenix, AZ Under $675K
Ahwatukee sits at the southern edge of Phoenix, where the foothills of South Mountain Park and Preserve rise behind the neighborhood. Streets in Foothills Club West and Mountain Park Ranch curve between lots with mountain and desert views, and many backyards open onto desert washes. The hillside subdivisions give multigenerational households room to spread out while keeping everyone close. The Loop 202 Santan Freeway connects Ahwatukee to the Chandler Tech Corridor and Phoenix Sky Harbor International Airport, with the airport a short freeway drive away. Families here attend schools in the Kyrene School District, and South Mountain trailheads sit a few minutes from most neighborhoods. Downtown Phoenix is a longer commute north across the city.
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4 Bedroom Family Homes for Sale in Phoenix, AZ Under $550K
Phoenix stretches across many different neighborhoods, and its south and central pockets offer some of the most family-friendly streets in the city. Ahwatukee Foothills rests against the South Mountains, where South Mountain Park and Preserve offers miles of desert trails inside city limits. Closer to the middle of the city, Papago Park and its red sandstone buttes give families a green space that is easy to reach by car. Downtown Phoenix, with Chase Field and the light rail line, sits a short freeway drive from many of these areas. Daily life in Phoenix runs on the freeway system, so commute times depend heavily on which side of town you choose. From Ahwatukee, the Loop 202 Santan Freeway connects to Tempe and Chandler job centers, while Interstate 10 carries drivers toward downtown. Sky Harbor International Airport is a short drive from most central neighborhoods. Because school attendance zones change from street to street, families should confirm assignments with the school district for each address before making an offer.
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3+ Bedroom Remote Worker Homes for Sale in Phoenix, AZ Under $400K
Phoenix stretches across a large valley floor, and these homes sit on its south and west sides. Ahwatukee Foothills sits against the southern face of South Mountain, minutes from the Preserve trails. Maryvale on the west side offers established neighborhoods near the Glendale Entertainment District. Downtown Phoenix forms the central core, linked to the south side by Interstate 10 and the South Mountain Freeway. The South Mountain Freeway, Loop 202, links south Phoenix to I-10 and the Tempe and Chandler job centers. South Mountain Park is one of the largest municipal parks in the United States, with dozens of miles of trails. Remote workers should test internet speed at each address, since fiber availability varies by street.
New listings and overlooked homes in Phoenix this week
Newest listings
Listed Nov 2 $499,000
19022 North 24th Place, Phoenix, AZ 85050
Listed Nov 2 $319,900
3415 West Solano Drive, Phoenix, AZ 85017
Listed Nov 2 $559,900
4627 East Mcneil Street, Phoenix, AZ 85044
Listed Nov 2 $649,000
11030 North 33rd Place, Phoenix, AZ 85028
Listed Nov 2 $360,000
3436 West Bluefield Avenue, Phoenix, AZ 85053
Listed Nov 2 $475,000
2235 North 23rd Place, Phoenix, AZ 85006
Longest on the market, most room to negotiate
1,094 days on market $1,610,000
1825 East Adams Street, Phoenix, AZ 85034
742 days on market $4,600,000
8037 North 7th Avenue, Phoenix, AZ 85021
717 days on market $420,000
2213 East Janice Way, Phoenix, AZ 85022
711 days on market $228,900
8201 North 21st Drive Unit C107, Phoenix, AZ 85021
659 days on market $545,000
20219 North 33rd Place, Phoenix, AZ 85050
650 days on market $369,000
8520 West Palm Lane 1049, Phoenix, AZ 85037
Financing
Can you afford a home in Phoenix?
The typical Phoenix home costs about $2,729 a month, and you need around $117,000 a year to get the loan.
On the $445,000 median home at this week's 7.24% rate with 10% down. Before taxes, insurance and HOA dues. We take the $445,000 median home, subtract the down payment, and spread the rest over 30 years at this week's average rate from Freddie Mac. Lenders usually want that payment under 28% of what you earn before tax, which gives the income figure.
Homes for sale by loan type
- Homes you can buy with a regular mortgage83%3,623 homes
Homes priced under the Maricopa County loan limit of $832,750
- Homes with a loan you can take over370.8% of homes
The agent advertises an assumable loan at the seller's rate
Assumable mortgage homes for sale in Phoenix, AZ
37 homes in Phoenix come with a loan you can take over. The lowest advertised rate is 2.25%.
With an assumable loan the buyer takes over the seller's existing mortgage, at the rate the seller locked in years ago.
What 2.25% saves you
Same $400,500 loan, 30 years, before taxes and insurance.
The three lowest advertised rates right now
Rates come from the listing agent's remarks, not a verified loan record. Confirm the balance, rate and terms with the agent before you make an offer.
Updated November 3, 2026 from the live MLS feed. The numbers on this page are refreshed every two days.
