Homes for Sale in Phoenix, AZ

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Frequently Asked Questions in Phoenix, AZ Real Estate Market

Insightful, expert-voice information for buyers, sellers, and investors targeting Phoenix.

Phoenix offers a very broad mix: single-family homes in suburban and urban neighborhoods, townhomes, newer infill developments, and luxury properties. Whether you're looking for mid-century ranch homes or modern, high-amenity houses, Phoenix has it.

Phoenix is served by several school districts and charter schools, making a wide variety of educational options available. Families can choose schools in the city or nearby suburbs depending on their priorities.

Yes — Phoenix remains attractive for investors. Rising inventory, larger lot opportunities, and a stabilizing market offer potential for both long-term appreciation and rental cash flow.

Inventory is surging, giving buyers more leverage. One report shows the number of active listings is up significantly in 2025, which is helping to balance the market.  At the same time, prices have remained relatively stable: the metro’s median sales price has hovered around $450,000 in recent months.

It’s moderately competitive — homes are staying on the market longer. The median days on market recently climbed to about 63–64 days. Also, many sellers are reducing their prices to match current buyer expectations.

Phoenix’s median sold home price is around $450,000.  For single-family homes specifically, some market data shows a median value of $415,000 over the past 12 months.

Renting is still in demand, particularly in suburban neighborhoods and areas with good job access. As inventory grows, some renters may use this as leverage to find favorable leases or negotiate more.

Popular neighborhoods include Arcadia, Paradise Valley Village, and Deer Valley. These areas vary widely in price, amenities, and housing styles.

Phoenix is well-connected via its freeway system and major roads, making commuting relatively straightforward. For those in central or neighborhood areas, access to public transit and walkability is improving, but many residents still rely on a car.

Residents benefit from year-round sunshine, growing food and cultural scenes, and outdoor recreation opportunities (deserts, parks, hiking). The expanding inventory is giving buyers more options without sacrificing the lifestyle that draws people to Phoenix.

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