Photo: Ian Poellet · CC BY-SA 3.046 homes sold in Phoenix in the last year, at a typical $392K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Phoenix homes are listed.
Every place Phoenix homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Phoenix.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 85% of Phoenix’s sales, at a typical $407K
46 homes sold in the year to May 2026.
typical sale · 39 sold in 12 months
- Per square foot
- $259OR $296
- Days to sell
- 46
- Sold over asking
- 13%
- Listings with a price cut
- 50%
Multi-family (2–4 units): 2 sold, typical $521K
Townhouses: 2 sold, typical $309K
Condos: 3 sold, typical $194K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
46 sales in the last year, against 78 in 2018 and a low of 41 in 2025. The typical sale went from $224K in 2016 to $392K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Phoenix
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.
Bidding wars in Phoenix are rarer than before the pandemic, but half fewer homes come up for sale
We read every month of Phoenix’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 46 sales.
If you’re buying in Phoenix
- Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- Bid near asking. Buyers paid 98.4% of the list price on average; 13% paid over.
- You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 55 days.
Summer brings the homes; winter brings the bidding wars
June has the most new listings (about 9 a month), but January is the most competitive: 32% of January sales close over asking. May offers nearly as much choice with fewer homes bid up (22%). November has the least competition (15%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Oregon
| Phoenix now | 2017–19 | 2021 peak | OR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 13% | 21% | 41% | 24% |
| Gone within two weeksShare of homes under contract within 14 days | 30% | 1% | 55% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 45% | — | 36% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 98.1% | 100.6% | 98.8% |
| Days to sellMedian days from listing to contract | 55 | 73 | 21 | 46 |
12 homes for sale on a typical day
That’s twice the 2021 low (6), 49% fewer than in 2017–19 and well under 2018’s 26.
1 in 2 listings has cut its price
45% in the last year, against — in 2017–19 and 30% across Oregon.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Phoenix home costs about $2,283 a month
Price: Phoenix’s typical sale, last 12 months. Property tax at Phoenix’s 0.7% (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.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $392K home, about $2,850 a year.
Taxes vs. neighborsSchools
The schools grade for Phoenix, from test results, graduation and how much students grow.
Schools in PhoenixCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot; Jacksonville for far more
The busier markets within 25 miles of Phoenix, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Medford | 1,112 | $415K | $258 | 20% | 37 |
| Ashland | 335 | $553K | $309 | 19% | 45 |
| Central Point | 242 | $409K | $262 | 21% | 40 |
| White City | 106 | $341K | $253 | 23% | 39 |
| Jacksonville | 67 | $629K | $325 | 15% | 62 |
| Talent | 54 | $422K | $285 | 20% | 48 |
| Phoenix | 46 | $392K | $255 | 13% | 55 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
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, OR?
46 homes sold in the year to May 2026 at a typical $392K, $255 a square foot.
Is Phoenix a buyer’s or seller’s market?
A buyer’s market: 13 homes were for sale in May 2026 and 2 sold, about 6.5 months of supply. Buyers paid 98.4% of asking on average, and 45% of listings cut their price.
When is the best time to buy in Phoenix?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Phoenix?
About 0.7% of a home’s value a year. On a $392K home that’s near $2,850.
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).