Phoenix (City), Arizona - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Bottom Tier Zillow home value index (ZHVI) for All Homes in Phoenix (City), Arizona in February 2026 was $306,352.093. The month over month percentage change (MoM) was 0.06%, and the year over year percentage change (YoY) was -4.36%.

The chart below shows the trend of the bottom tier ZHVI for all homes in Phoenix (City), AZ. The table below shows the trend of the bottom tier ZHVI, and the MoM and YoY percentage changes for all homes in Phoenix (City), AZ.

You can see similar information for other Arizona cities, and for Arizona.

Note: The Bottom Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 5th to 35th percentile range.

Data Source: Zillow.
Phoenix (City), AZ - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Phoenix (City), AZ - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 109537.6060952035 0.58 9.98
Feb 2015 110218.47284534534 0.62 8.73
Mar 2015 111126.31081066646 0.82 7.98
Apr 2015 112445.40475155243 1.19 8.17
May 2015 114074.43317092158 1.45 8.87
Jun 2015 115775.66712245042 1.49 9.84
Jul 2015 117520.57949631724 1.51 10.90
Aug 2015 119242.33903371751 1.47 11.93
Sep 2015 121162.06920573807 1.61 13.06
Oct 2015 123153.71142717158 1.64 14.37
Nov 2015 125122.30251893972 1.60 15.57
Dec 2015 127021.75520719985 1.52 16.64
Jan 2016 129204.3156789755 1.72 17.95
Feb 2016 131538.0758576107 1.81 19.34
Mar 2016 133547.62593059093 1.53 20.18
Apr 2016 134987.04767713704 1.08 20.05
May 2016 136074.4334407322 0.81 19.29
Jun 2016 137159.94627875395 0.80 18.47
Jul 2016 138313.58125379917 0.84 17.69
Aug 2016 139501.03958289293 0.86 16.99
Sep 2016 140897.63989749126 1.00 16.29
Oct 2016 142299.75186782502 1.00 15.55
Nov 2016 143671.38395871813 0.96 14.83
Dec 2016 144885.11202764857 0.85 14.06
Jan 2017 146029.97407311824 0.79 13.02
Feb 2017 147279.9866807505 0.86 11.97
Mar 2017 148658.76044026096 0.94 11.32
Apr 2017 150077.4360495332 0.95 11.18
May 2017 151390.00090638106 0.88 11.26
Jun 2017 152801.868983187 0.93 11.40
Jul 2017 154260.38298668567 0.96 11.53
Aug 2017 155737.873956777 0.96 11.64
Sep 2017 157099.36604567335 0.87 11.50
Oct 2017 158341.2681386686 0.79 11.27
Nov 2017 159468.97007684843 0.71 11.00
Dec 2017 160592.82220458204 0.71 10.84
Jan 2018 162119.55282229988 0.95 11.02
Feb 2018 163953.1868371143 1.13 11.32
Mar 2018 165850.24872276586 1.16 11.56
Apr 2018 167275.43939397277 0.86 11.46
May 2018 168702.34862240803 0.85 11.44
Jun 2018 170126.6626410928 0.84 11.34
Jul 2018 171851.61607255612 1.01 11.40
Aug 2018 173403.2493556552 0.90 11.34
Sep 2018 174901.26573380045 0.86 11.33
Oct 2018 176117.0141206743 0.70 11.23
Nov 2018 177393.44133807882 0.73 11.24
Dec 2018 178729.74150887632 0.75 11.29
Jan 2019 180538.7287683366 1.01 11.36
Feb 2019 182604.08710764014 1.14 11.38
Mar 2019 184601.70643783835 1.09 11.31
Apr 2019 186191.0387967053 0.86 11.31
May 2019 187289.5935885169 0.59 11.02
Jun 2019 188267.749807018 0.52 10.66
Jul 2019 189014.550037988 0.40 9.99
Aug 2019 189958.7207971833 0.50 9.55
Sep 2019 190926.31058715502 0.51 9.16
Oct 2019 192335.12671808564 0.74 9.21
Nov 2019 194022.13272274262 0.88 9.37
Dec 2019 195915.53484904417 0.98 9.62
Jan 2020 198618.79889386732 1.38 10.02
Feb 2020 202302.03897062098 1.85 10.79
Mar 2020 206634.81903583402 2.14 11.94
Apr 2020 210340.62247721828 1.79 12.97
May 2020 212689.88068596122 1.12 13.56
Jun 2020 213676.57457138924 0.46 13.50
Jul 2020 214409.36331321587 0.34 13.44
Aug 2020 215665.23643743913 0.59 13.53
Sep 2020 218332.9865428973 1.24 14.36
Oct 2020 221752.80307551075 1.57 15.30
Nov 2020 225832.15908819914 1.84 16.40
Dec 2020 230149.6287406789 1.91 17.47
Jan 2021 234556.19730382078 1.92 18.09
Feb 2021 239019.75547449713 1.90 18.15
Mar 2021 244023.2542350164 2.09 18.09
Apr 2021 249451.28477965714 2.22 18.59
May 2021 255660.89912054376 2.49 20.20
Jun 2021 262697.09695842135 2.75 22.94
Jul 2021 270054.4545250309 2.80 25.95
Aug 2021 276842.6802899526 2.51 28.37
Sep 2021 282386.467102362 2.00 29.34
Oct 2021 287465.0449636914 1.80 29.63
Nov 2021 292586.8565430472 1.78 29.56
Dec 2021 297592.7938419151 1.71 29.30
Jan 2022 302967.4812542116 1.81 29.17
Feb 2022 308938.16409921955 1.97 29.25
Mar 2022 315808.22229078243 2.22 29.42
Apr 2022 323158.3876681644 2.33 29.55
May 2022 330416.3405840459 2.25 29.24
Jun 2022 336878.49108351633 1.96 28.24
Jul 2022 340443.351837241 1.06 26.07
Aug 2022 340075.74670150987 -0.11 22.84
Sep 2022 336288.8779880204 -1.11 19.09
Oct 2022 331085.36585520004 -1.55 15.17
Nov 2022 325384.94679811806 -1.72 11.21
Dec 2022 319512.38030720403 -1.80 7.37
Jan 2023 313552.711822804 -1.86 3.49
Feb 2023 308760.35773255816 -1.53 -0.06
Mar 2023 306204.9199715995 -0.83 -3.04
Apr 2023 305721.9855491277 -0.16 -5.40
May 2023 306477.6500990191 0.25 -7.24
Jun 2023 307943.50545713713 0.48 -8.59
Jul 2023 310120.7793150708 0.71 -8.91
Aug 2023 313047.9874053985 0.94 -7.95
Sep 2023 315775.75520571455 0.87 -6.10
Oct 2023 318278.93403676484 0.79 -3.87
Nov 2023 320225.0685588922 0.61 -1.59
Dec 2023 321515.9840802826 0.40 0.63
Jan 2024 322097.5835731522 0.18 2.73
Feb 2024 322587.9835384041 0.15 4.48
Mar 2024 323549.46793870296 0.30 5.66
Apr 2024 324924.686865047 0.43 6.28
May 2024 326074.5078061462 0.35 6.39
Jun 2024 326639.0509459238 0.17 6.07
Jul 2024 326624.8237366353 0.00 5.32
Aug 2024 326118.4735840011 -0.15 4.18
Sep 2024 325245.85861032555 -0.27 3.00
Oct 2024 324259.58131141384 -0.30 1.88
Nov 2024 323271.1664473882 -0.30 0.95
Dec 2024 322717.0312341277 -0.17 0.37
Jan 2025 321844.06802271947 -0.27 -0.08
Feb 2025 320333.7510371255 -0.47 -0.70
Mar 2025 317909.6072009195 -0.76 -1.74
Apr 2025 315604.11177440704 -0.72 -2.87
May 2025 313471.0446405157 -0.68 -3.86
Jun 2025 311454.8827557639 -0.64 -4.65
Jul 2025 309540.059955231 -0.61 -5.23
Aug 2025 307887.86824986985 -0.53 -5.59
Sep 2025 306765.38112443476 -0.36 -5.68
Oct 2025 305946.15804593114 -0.27 -5.65
Nov 2025 305729.14223309624 -0.07 -5.43
Dec 2025 305889.3734314974 0.05 -5.21
Jan 2026 306155.8033065089 0.09 -4.87
Feb 2026 306352.0932452038 0.06 -4.36