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Housing in Phoenix

17 homes sold in Phoenix in the last year, at a typical $99K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Phoenix homes are listed.

Homes sold
17
June 2025 to May 2026
Typical sale price
$99K
median, weighted by sales
Price per square foot
$74
Illinois $193
Paid vs. asking
92.9%
24% sold over asking
For sale now
16
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 94% of Phoenix’s sales, at a typical $113K

17 homes sold in the year to May 2026.

Houses$113K

typical sale · 16 sold in 12 months

Per square foot
$83IL $180
Days to sell
110
Sold over asking
25%
Listings with a price cut
11%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $49K

Too few sales in 12 months for reliable figures.

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Phoenix

Houseat $83 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Phoenix homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Phoenix home costs about $666 a month

Mortgage
Property tax
Insurance
Rent

Price: Phoenix’s typical sale, last 12 months. Property tax at Phoenix’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Phoenix is affordable on local pay is on Cost of living.

Before you buy in Phoenix

Five things worth knowing

1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $99K home, about $1,780 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Phoenix, from test results, graduation and how much students grow.

Schools in Phoenix
28 min

Typical commute

The average one-way trip to work for people who live in Phoenix.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Phoenix, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Phoenix. People who follow the town see it, and so do people comparing Phoenix with their own town. No commission, no listing fee.

Questions about buying a home in Phoenix

What do homes sell for in Phoenix, IL?

17 homes sold in the year to May 2026 at a typical $99K, $74 a square foot.

Is Phoenix a buyer’s or seller’s market?

A buyer’s market: 16 homes were for sale in May 2026 and 2 sold, about 8 months of supply. Buyers paid 92.9% of asking on average, and 18% of listings cut their price.

How much are property taxes in Phoenix?

About 1.8% of a home’s value a year. On a $99K home that’s near $1,780.

Where can I see homes for sale in Phoenix?

Zillow, Redfin, Realtor.com and Homes.com all carry Phoenix’s MLS listings; the search links above open each one filtered to Phoenix.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).