Phoenix, AZ Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Phoenix: a median closing price of $410,425 across 7,418 closings Resideline tracked over the last six months, plus the full price spread and a ZIP-level breakdown.
If you invest in or around Phoenix, the number that matters is what homes actually close for, not what sellers are asking. Here is what Phoenix sale prices look like right now, built from the closings Resideline tracked over the last six months, as of October 2026.
The snapshot
- •Closings tracked, last 6 months: 7,418
- •Median sold price, last 6 months: $410,425
- •Median sold $/sqft, last 6 months: $267
- •Middle half of sales closed between: $315,000 and $599,000
What the numbers say
Resideline tracked 7,418 closed sales in Phoenix over the last six months, with a median closing price of $410,425. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $315,000 and $599,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. The large tracked sample provides substantial market-level evidence. Across the 7,387 closings with usable living area, the middle half sold between $219 and $325 per square foot.
Figures last updated October 3, 2026 from closings Resideline tracked.
Median home price in Phoenix, AZ (October 2026)
The median home price in Phoenix is $410,425, measured across the 7,418 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $315,000 and $599,000.
Where Phoenix sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Phoenix over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $315,000 and $599,000. Among the 49 Arizona markets with a published band, Phoenix's middle-half spread ($315,000 to $599,000) ranks 35th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 71st percentile of the 2,230 US markets in Resideline's national Market Watch set, on data as of October 3, 2026.
How long a sale takes here
- •Listed to under contract: a median of 28 days, across 4,349 Phoenix closings Resideline tracked in the last six months
- •Contract to closing: a median of 24 days, across 3,642 Phoenix closings Resideline tracked in the last six months
The Phoenix angle
Phoenix reads as a middle case. Of the 7,418 closings Resideline tracked over the last six months, the median closed sale price was $410,425, with the middle half of sales landing between $315,000 and $599,000, a spread close to typical for the markets we track. With a Phoenix closing sample among the deepest we track, you have the volume to test a value against several different filter cuts and see whether the answer holds.
What is being reported about the Phoenix market
The numbers above are what we measure from tracked closings. Alongside them, here is what local and national coverage is reporting, from the source:
- •AZ Big Media reported, citing Phoenix REALTORS data, that existing single-family home sales in Metro Phoenix rose 5.1% in the first seven months of 2026 versus 2025, with a median price of $485,000 (up 1% year-over-year), days on market up 6.8% to 78 days from 73 a year earlier, and a 4-month supply of inventory (AZ Big Media (citing Phoenix REALTORS), Aug 16, 2026)
- •AZ Big Media reported that metro Phoenix closed home sales rose 8.1% in June 2026 versus 3.2% nationally, while the median single family price held nearly flat at $485,000 and days on market lengthened to 78 (AZ Big Media, Aug 01, 2026)
Phoenix market data by ZIP code
Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Phoenix ZIP codes: 85086 · 85032 · 85018 · 85016 · 85020 · 85037 · 85014 · 85015 · 85024 · 85027 · 85029 · 85041.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Phoenix address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Phoenix, AZ
Geography: incorporated municipality, Census place 0455000
Data updated: October 2026
Analysis period: last six months
Tracked closings: 7,418
Median sold price: $410,425
Median sold $/sqft: $267 (7,387 qualifying)
https://resideline.com/blog/phoenix-housing-market-2026
Writing about this market? Paste this into your post:
<a href="https://resideline.com/blog/phoenix-housing-market-2026">
<img src="https://resideline.com/images/embed/phoenix.png" alt="Phoenix, AZ home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/phoenix-housing-market-2026">Resideline Market Watch</a></p>
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Phoenix over the last six months, and is refreshed when the data is. The closings we track within the Phoenix city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 16% of the 7,418 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $435,000.
Frequently Asked Questions
What is the median home price in Phoenix?
The median sold price in Phoenix over the last 6 months is $410,425, measured across 7,418 closings Resideline tracked.
How many homes sold in Phoenix last month?
Resideline has tracked 773 closed sales in Phoenix in September 2026 so far, out of 7,418 closings tracked over the last six months. The most recent month keeps filling in for several weeks as closings are recorded, so this count will rise. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Phoenix?
The middle half of Phoenix sales over the last six months closed between $315,000 and $599,000, with a median of $410,425.
What is the typical price per square foot in Phoenix?
Among qualifying Phoenix closings Resideline tracked over the last six months, the median sold price per square foot was $267, measured across 7,387 sales with usable living area. Median is used rather than average because outliers distort the mean.
What does the quartile band tell me about pricing a Phoenix property?
It tells you how far an ordinary closing can sit from the citywide midpoint. In Phoenix, the middle half of closings ran from $315,000 to $599,000 against a median of $410,425. That is an unremarkable spread by the standard of markets we track, so the median works as a first check, and the deep sample lets you confirm or reject it with comps matched to your subject.
What could a property in Phoenix be worth?
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