Phoenix, Arizona, is a vibrant city nestled in the heart of the Sonoran Desert, known for its sprawling urban landscape and year-round sunshine. As the capital and largest city in Arizona, Phoenix boasts a diverse population and a rich cultural tapestry influenced by Native American, Hispanic, and modern American cultures. The city's skyline is a mix of modern high-rises and historic architecture, with landmarks like the Arizona State Capitol and the Chase Tower defining its profile. The city is an oasis of greenery amidst the desert, thanks to a complex irrigation system that supports lush parks, golf courses, and the famous Desert Botanical Garden. Culturally, Phoenix is a hub for arts with numerous museums, galleries, and theaters, including the Phoenix Art Museum and the Heard Museum, which focuses on Native American art. Economically, it's a center for technology, healthcare, and tourism, with attractions like Camelback Mountain for outdoor enthusiasts and the bustling downtown area for those interested in nightlife and dining.
Phoenix currently has 3612 single family homes for sale with an average list price of $761,365.60, 781 townhouses for sale with an average list price of $402,273.19, 629 condos for sale with an average list price of $381,302.93, and 288 lots for sale with an average list price of $893,601.67. The average annual property tax for Phoenix is $2,087.51.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Phoenix, i.e. what's hot and what's not.
See What's Hot & What's Not in PhoenixNeighborhood | Median Price | |
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AhwatukeeAhwatukee is a neighborhood in Phoenix, Arizona, built between 1973 and 2016. It currently has 47 single family homes for sale with an average list price of $656,065.89, 11 townhouses for sale with an average list price of $376,363.64, and 2 lots for sale with an average list price of $634,949.50. The homes range in size from 836 ft2 to 10,519 ft2. The average annual property tax for Ahwatukee is $2,924.03. Ahwatukee is a distinct, triangular-shaped community in the southern part of Phoenix, Arizona, bordered by Interstate 10 to the north, South Mountain Park to the west and south, and the Gila River Indian Community to the east. Often referred to as an "urban village," it’s known for its suburban charm, with a mix of sprawling residential neighborhoods, well-maintained parks, and scenic hiking trails in the nearby South Mountain Preserve, one of the largest municipal parks in the U.S. The area boasts a tight-knit feel, with local favorites like the Ahwatukee Farmers Market and annual events such as the Easter Parade and Spring Fling drawing residents together. With a population hovering around 80,000, Ahwatukee blends desert beauty—think stunning sunset views over rugged peaks—with convenient access to shopping hubs like the Ahwatukee Foothills Towne Center and proximity to downtown Phoenix, just a 20-minute drive away. ... Read more |
Median price: $449,900 |
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Desert RidgeDesert Ridge is a neighborhood in Phoenix, Arizona, built between 1996 and 2025. It currently has 70 single family homes for sale with an average list price of $1,003,574.14, 39 townhouses for sale with an average list price of $602,033.72, and 35 condos for sale with an average list price of $720,316.43. The homes range in size from 796 ft2 to 6,850 ft2. The average annual property tax for Desert Ridge is $3,554.95. Desert Ridge is a sprawling 5,700-acre master-planned community in northeast Phoenix, Arizona, strategically positioned near the intersection of Loop 101 and State Route 51, offering residents a seamless blend of urban convenience and desert beauty. Developed by the Irvine Company starting in the late 1990s, this vibrant neighborhood is home to over 50,000 residents and features a diverse mix of housing options, from single-family homes to luxury condos. At its heart lies the Desert Ridge Marketplace, a bustling 1.2-million-square-foot open-air shopping and dining hub with retailers like Target, Barnes & Noble, and eateries ranging from Yard House to Island’s Burgers. The community is also adjacent to the JW Marriott Desert Ridge Resort & Spa, boasting a renowned golf course and the Wildfire Golf Club, while the nearby Mayo Clinic Hospital provides top-tier healthcare access. With 36 miles of multi-use trails connecting to the Reach 11 Recreation Area and top-rated schools within the Paradise Valley Unified School District, Desert Ridge caters to families, professionals, and outdoor enthusiasts alike. ... Read more |
Median price: $760,000 |
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LakewoodLakewood is a neighborhood in Phoenix, Arizona, built between 1986 and 2005. It currently has 12 single family homes for sale with an average list price of $596,075 and 7 condos for sale with an average list price of $276,985.71. The homes range in size from 693 ft2 to 4,300 ft2. The average annual property tax for Lakewood is $2,547.98. Lakewood is a scenic waterfront community tucked into the Ahwatukee Foothills of Phoenix, Arizona, just south of South Mountain Park and Preserve and east of the Loop 202 South Mountain Freeway. Spanning two residential lakes across 38 acres, this neighborhood features over 170 lakefront properties with private docks, offering residents the rare perk of boating from their backyards to a central community park nestled between the lakes. Developed primarily between 1986 and the early 2000s, Lakewood showcases a mix of single-family homes averaging 2,000 to 3,000 square feet. The area is prized for its proximity to top-rated schools like Kyrene de la Colina Elementary and Desert Vista High School, as well as outdoor attractions such as the 51-mile trail system of South Mountain Park, just a 10-minute drive away. With easy freeway access to Sky Harbor Airport (20 minutes) and downtown Phoenix (25 minutes), Lakewood blends suburban tranquility with urban convenience, accentuated by its lush, tree-lined streets and community amenities like walking trails and a playground. ... Read more |
Median price: $539,500 |
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Mountain Park RanchMountain Park Ranch is a neighborhood in Phoenix, Arizona, built between 1984 and 2024. It currently has 49 single family homes for sale with an average list price of $690,905.65, 8 townhouses for sale with an average list price of $372,487.50, 3 condos for sale with an average list price of $337,916.33, and 2 lots for sale with an average list price of $549,950. The homes range in size from 758 ft2 to 6,697 ft2. The average annual property tax for Mountain Park Ranch is $3,068.88. Mountain Park Ranch is a sprawling master-planned community in the Ahwatukee Foothills of Phoenix, Arizona, covering nearly 3,000 acres at the base of South Mountain. Located southeast of central Phoenix near Ray Road and 48th Street, it features over 9,000 homes across nine sub-associations, offering a mix of single-family residences and attached homes ranging from 758 to over 6,000 square feet. Residents enjoy access to three recreation centers with Jr. Olympic-sized pools, heated spas, tennis and pickleball courts, playgrounds, and barbecue areas, alongside 25 miles of hiking and biking trails weaving through the desert landscape. The community is served by the Kyrene Elementary School District, with Kyrene Monte Vista Elementary within its borders, and is minutes from the Foothills Golf Club, Phoenix Premium Outlets, and the I-10 freeway, blending suburban tranquility with urban accessibility. Mountain Park Ranch offers stunning mountain views and a vibrant, active lifestyle. ... Read more |
Median price: $588,200 |
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NorterraNorterra is a neighborhood in Phoenix, Arizona, built between 1992 and 2025. It currently has 86 single family homes for sale with an average list price of $734,719.04 and 6 townhouses for sale with an average list price of $572,633.33. The homes range in size from 1,192 ft2 to 4,622 ft2. The average annual property tax for Norterra is $1,982.33. ... Read more |
Median price: $628,515 |
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Paradise Valley VillageParadise Valley Village is a neighborhood in Phoenix, Arizona, built in 1979. It currently has 1 single family home for sale with a list price of $525,000. The homes range in size from 1,248 ft2 to 3,113 ft2. The average annual property tax for Paradise Valley Village is $1,701.60. ... Read more |
Median price: $585,000 |
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Sheely FarmsSheely Farms is a neighborhood in Phoenix, Arizona, built between 2001 and 2008. It currently has 16 single family homes for sale with an average list price of $415,270.31. The homes range in size from 1,380 ft2 to 4,040 ft2. The average annual property tax for Sheely Farms is $1,828.55. Sheely Farms is a well-established residential neighborhood in west Phoenix, Arizona, centered around the intersection of North 99th Avenue and West McDowell Road. Developed primarily between 2003 and 2005, this community features midsize single-family homes with a range of floor plans, typically spanning 1,143 to 4,040 square feet, offering three to five bedrooms. The area is known for its proximity to major highways like Loop 101 and I-10, providing residents with convenient access to nearby employers such as Amazon and Banner Estrella Medical Center, as well as entertainment hubs like Westgate and State Farm Stadium. Sheely Farms Elementary School, part of the Tolleson Elementary District, serves the community, catering to students from pre-K through 8th grade. The neighborhood also includes modern apartment complexes like Meritum Sheely Farms, which boasts amenities such as resort-style pools, a putting green, and a two-story fitness center, enhancing the area’s appeal for families and professionals alike. ... Read more |
Median price: $400,000 |
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Sonoran FoothillsSonoran Foothills is a neighborhood in Phoenix, Arizona, built between 2003 and 2024. It currently has 29 single family homes for sale with an average list price of $740,675.86, 4 townhouses for sale with an average list price of $420,000, and 5 condos for sale with an average list price of $449,979.80. The homes range in size from 1,367 ft2 to 5,456 ft2. The average annual property tax for Sonoran Foothills is $2,157.72. Sonoran Foothills is a charming master-planned community nestled in the northern reaches of Phoenix, Arizona, near the intersection of North Valley Parkway and Cloud Road. It sits at the base of the rugged Sonoran Desert mountains, offering residents stunning views of the surrounding natural landscape, including the nearby Pyramid Peak. The community is known for its family-friendly atmosphere, featuring a mix of single-family homes with modern designs, many built by developers like Taylor Morrison and Pulte Homes, ranging from cozy 1,800-square-foot layouts to spacious 4,000-square-foot properties. Amenities abound, including a central park with basketball courts, a splash pad, and playgrounds, as well as miles of walking trails that wind through the desert terrain. Its proximity to the Carefree Highway and I-17 provides convenient access to shopping at the nearby Norterra area and top-rated schools like Sonoran Foothills School, making it an appealing spot for those seeking a blend of suburban comfort and outdoor adventure. ... Read more |
Median price: $735,415 |
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Stetson ValleyStetson Valley is a neighborhood in Phoenix, Arizona, built between 2005 and 2018. It currently has 31 single family homes for sale with an average list price of $707,396.77. The homes range in size from 1,306 ft2 to 4,863 ft2. The average annual property tax for Stetson Valley is $3,107.59. Stetson Valley is a master-planned community nestled in the northern reaches of Phoenix, Arizona, bordered by the scenic Deem Hills and conveniently located near Interstate 17, about 25 miles north of downtown. Spanning roughly 1,200 acres, it’s home to approximately 2,500 residences, ranging from townhomes and condos to spacious single-family houses, many built in the early 2000s with Spanish Revival-style architecture featuring clay-colored stucco walls and terra-cotta roofs. The neighborhood boasts a wealth of amenities, including multiple parks with splash pads, playgrounds, and greenbelts, as well as the adjacent Deem Hills Recreation Area, offering over 1,000 acres of Sonoran Desert trails like the 5.7-mile Circumference Trail and the challenging 1.5-mile Ridgeline Trail, both showcasing stunning views of the surrounding mountains. Served by the Deer Valley Unified School District, Stetson Valley includes top-rated schools such as Stetson Hills Elementary (K-8) and Sandra Day O’Connor High School, known for its acclaimed Air Force Junior ROTC program. Stetson Valley blends natural beauty, modern conveniences, and a tight-knit community atmosphere, making it a standout in the Phoenix metro area. ... Read more |
Median price: $650,000 |
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The FoothillsThe Foothills is a neighborhood in Phoenix, Arizona. It currently has no homes for sale. |
View neighborhoods in Phoenix
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100 Northern100 Northern is a single-family home community in Phoenix, Arizona, built between 2023 and 2025. It currently has 3 single family homes for sale with an average list price of $1,480,000. The homes range in size from 2,276 ft2 to 3,715 ft2. The HOA fees range from $399 to $612 per month. The average annual property tax for 100 Northern is $1,841.80. It is located in Maricopa County. ... Read more |
Median Price: $1,610,273.50 |
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10000 North Central10000 North Central is a townhouse and single-family home community in Phoenix, Arizona, built between 2002 and 2005. It currently has 1 townhouse for sale with a list price of $775,000. The homes range in size from 1,805 ft2 to 3,618 ft2. The HOA fees range from $194 to $244 per month. The average annual property tax for 10000 North Central is $3,100.70. It is located in Maricopa County. ... Read more |
Median Price: $750,000 |
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1111 Missouri1111 Missouri is a townhouse community in Phoenix, Arizona, built between 2018 and 2019. It currently has 1 townhouse for sale with a list price of $569,999. The homes range in size from 2,088 ft2 to 2,393 ft2. The HOA fees range from $215 to $300 per month. The average annual property tax for 1111 Missouri is $4,312.14. It is located in Maricopa County. ... Read more |
Median Price: $685,000 |
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12th Street Registry12th Street Registry is a townhouse community in Phoenix, Arizona, built between 1979 and 1981. It currently has no homes for sale. The homes range in size from 1,228 ft2 to 2,562 ft2. The HOA fees range from $185 to $234 per month. The average annual property tax for 12th Street Registry is $2,199.83. It is located in Maricopa County. ... Read more |
Median Price: $508,750 |
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14th Street Villas14th Street Villas is a townhouse community in Phoenix, Arizona, built in 1982. It currently has 1 townhouse for sale with a list price of $259,700. The homes have an average size of 968 ft2. The HOA fees range from $247 to $248 per month. The average annual property tax for 14th Street Villas is $350.17. It is located in Maricopa County. ... Read more |
Median Price: $250,000 |
View subdivisions in Phoenix
Phoenix home sales for the month of August rose in volume by 0.5% when compared to last year, while the median sale price decreased by 3.4% from $440,000 to $425,000. House sales rose by 2.8%, while the median sale price decreased by 5.3% from $475,000 to $450,000. Condo sales decreased by 15.4%, while the median sale price rose by 7.4% from $270,000 to $290,000. Townhouse sales decreased by 4.7%, while the median sale price decreased by 9.6% from $345,000 to $312,000.
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12007
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9086
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11587
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2021 | 2022 | 2023 | 2024 |
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$370,000
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$430,000
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$415,000
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$440,000
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median sale price per year |
View market trends in Phoenix
View golf courses near 14th Street Villas
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New Golf Course Lots For Sale in Phoenix: August 26th to September 1st - September 2, 2025Phoenix had 3 new homes backing up to golf courses for sale during the week of Tuesday, August 26 to Monday, September 1, including 2 single family homes for sale ... continue reading |
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Homes Just Sold in Phoenix: August 26th to September 1st - September 2, 2025Phoenix had 266 sales during the week of Tuesday, August 26 to Monday, September 1, including including 186 single family homes for sale with an average list price of $629,044.85, ... continue reading |
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New Foreclosures & Short Sales in Phoenix: August 25th to August 31st - September 1, 2025Phoenix had 2 new foreclosures and/or short sales during the week of Monday, August 25 to Sunday, August 31, including 2 townhouses for sale with an average list price of ... continue reading |
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New Homes with Master Bedrooms on the 1st Floor in Phoenix: August 23rd to August 29th - August 30, 2025Phoenix had 9 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 23 to Friday, August 29, including 6 single ... continue reading |
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New Homes For Sale This Week in Phoenix: August 22nd to August 28th - August 29, 2025Phoenix had 343 new homes for sale during the week of Friday, August 22 to Thursday, August 28, including including 251 single family homes for sale with an average list ... continue reading |
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