Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Raw and Mid-Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Raw and Mid-Tier Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the Phoenix, AZ Metro in February 2026 was $446,190.195. The month over month percentage change (MoM) was 0.13%, and the year over year percentage change (YoY) was -1.84%.

The chart below shows the trend of the raw and mid-tier ZHVI for the Phoenix, AZ metro. The table below shows the trend of the raw and mid-tier ZHVI, and the MoM and YoY percentage changes for the Phoenix, AZ metro.

You can see similar information for other US metros, and for the United States.

Note: Zillow Home Value Index (ZHVI) 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 35th to 65th percentile range.

Data Source: Zillow.
Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier ($)
Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 208517.66637979416 0.08 3.27
Feb 2015 209625.79562160975 0.53 3.12
Mar 2015 211592.02265577132 0.94 3.32
Apr 2015 213865.7979000935 1.08 3.75
May 2015 216454.76958759458 1.21 4.69
Jun 2015 218393.85186422325 0.90 5.48
Jul 2015 220478.60354350563 0.96 6.24
Aug 2015 222537.54857092345 0.93 7.25
Sep 2015 224239.51728008327 0.77 8.15
Oct 2015 226298.52425328922 0.92 9.13
Nov 2015 228459.75951124114 0.96 9.80
Dec 2015 229926.87558663823 0.64 10.35
Jan 2016 232179.27668841806 0.98 11.35
Feb 2016 233430.93702439952 0.54 11.36
Mar 2016 233785.6909133422 0.15 10.49
Apr 2016 235691.68581869476 0.82 10.21
May 2016 237513.36515650136 0.77 9.73
Jun 2016 238501.72064221077 0.42 9.21
Jul 2016 240050.1902062054 0.65 8.88
Aug 2016 240858.11771425902 0.34 8.23
Sep 2016 241869.05885885077 0.42 7.86
Oct 2016 243065.69907078386 0.50 7.41
Nov 2016 244048.02064753353 0.40 6.82
Dec 2016 245166.17201559377 0.46 6.63
Jan 2017 245607.4642684517 0.18 5.78
Feb 2017 246981.5254144322 0.56 5.81
Mar 2017 249162.08827042129 0.88 6.58
Apr 2017 251600.03053036908 0.98 6.75
May 2017 253268.21002139774 0.66 6.63
Jun 2017 255466.6299934791 0.87 7.11
Jul 2017 257184.99199950843 0.67 7.14
Aug 2017 258452.8555447134 0.49 7.31
Sep 2017 259675.2755635621 0.47 7.36
Oct 2017 260997.01395228956 0.51 7.38
Nov 2017 261654.33501748493 0.25 7.21
Dec 2017 263270.0082609865 0.62 7.38
Jan 2018 264672.86162963026 0.53 7.76
Feb 2018 265930.7310292912 0.48 7.67
Mar 2018 268240.488275408 0.87 7.66
Apr 2018 270481.4188482948 0.84 7.51
May 2018 273061.6551360557 0.95 7.82
Jun 2018 275294.8979313767 0.82 7.76
Jul 2018 277807.8467635968 0.91 8.02
Aug 2018 279097.64210042654 0.46 7.99
Sep 2018 279947.41086834756 0.30 7.81
Oct 2018 281070.3648547657 0.40 7.69
Nov 2018 281346.287422857 0.10 7.53
Dec 2018 281968.5315683929 0.22 7.10
Jan 2019 282860.8296320251 0.32 6.87
Feb 2019 284378.5580125601 0.54 6.94
Mar 2019 285739.7086068299 0.48 6.52
Apr 2019 287551.9583298975 0.63 6.31
May 2019 289240.0408493942 0.59 5.93
Jun 2019 290726.6137373296 0.51 5.61
Jul 2019 292356.0607901058 0.56 5.24
Aug 2019 294157.63224969665 0.62 5.40
Sep 2019 295730.89789786615 0.54 5.64
Oct 2019 297647.24738145154 0.65 5.90
Nov 2019 299638.68384836026 0.67 6.50
Dec 2019 301400.93445489346 0.59 6.89
Jan 2020 304382.3948790022 0.99 7.61
Feb 2020 307948.38472567254 1.17 8.29
Mar 2020 311954.16166202637 1.30 9.17
Apr 2020 315485.9530051606 1.13 9.71
May 2020 316794.23597511946 0.42 9.53
Jun 2020 318148.8432209364 0.43 9.43
Jul 2020 321638.454173546 1.10 10.02
Aug 2020 325942.20155202993 1.34 10.81
Sep 2020 332172.08330212056 1.91 12.32
Oct 2020 337622.168495598 1.64 13.43
Nov 2020 342741.40948004136 1.52 14.39
Dec 2020 347660.6719777183 1.44 15.35
Jan 2021 352524.6000410202 1.40 15.82
Feb 2021 359225.5149975587 1.90 16.65
Mar 2021 369225.187591229 2.78 18.36
Apr 2021 379633.6326688177 2.82 20.33
May 2021 392378.74380752724 3.36 23.86
Jun 2021 404997.06705797755 3.22 27.30
Jul 2021 414459.13646376197 2.34 28.86
Aug 2021 422271.80572481826 1.89 29.55
Sep 2021 429519.98342326644 1.72 29.31
Oct 2021 435630.94265026826 1.42 29.03
Nov 2021 441673.7387929999 1.39 28.87
Dec 2021 446630.01053675317 1.12 28.47
Jan 2022 453810.0664341033 1.61 28.73
Feb 2022 464028.60658022284 2.25 29.18
Mar 2022 476995.588672154 2.79 29.19
Apr 2022 489465.8179730131 2.61 28.93
May 2022 499810.38269881957 2.11 27.38
Jun 2022 505838.14836597146 1.21 24.90
Jul 2022 502524.20336163853 -0.65 21.25
Aug 2022 493534.96875622554 -1.79 16.88
Sep 2022 483330.70518518536 -2.07 12.53
Oct 2022 474786.6414580633 -1.77 8.99
Nov 2022 464226.63807282 -2.22 5.11
Dec 2022 454566.7119402654 -2.08 1.78
Jan 2023 447264.2348607811 -1.61 -1.44
Feb 2023 444172.60669449857 -0.69 -4.28
Mar 2023 445926.32396577945 0.40 -6.51
Apr 2023 448731.08157595136 0.63 -8.32
May 2023 452346.7114078812 0.81 -9.50
Jun 2023 457102.96898523916 1.05 -9.63
Jul 2023 460128.3996644495 0.66 -8.44
Aug 2023 461890.8665763104 0.38 -6.41
Sep 2023 463053.52295476815 0.25 -4.19
Oct 2023 463564.5043247138 0.11 -2.36
Nov 2023 463026.82307812525 -0.12 -0.26
Dec 2023 460729.2363148832 -0.50 1.36
Jan 2024 459789.20242049644 -0.20 2.80
Feb 2024 461829.92526167945 0.44 3.98
Mar 2024 465894.22857694986 0.88 4.48
Apr 2024 469161.8367780519 0.70 4.55
May 2024 471285.4252200233 0.45 4.19
Jun 2024 470797.91836005676 -0.10 3.00
Jul 2024 469304.0424515562 -0.32 1.99
Aug 2024 467266.32363042707 -0.43 1.16
Sep 2024 465499.2050376884 -0.38 0.53
Oct 2024 463714.04506950575 -0.38 0.03
Nov 2024 461386.7249067997 -0.50 -0.35
Dec 2024 459131.77676991065 -0.49 -0.35
Jan 2025 456258.4702568192 -0.63 -0.77
Feb 2025 454556.54167989927 -0.37 -1.57
Mar 2025 454459.9186255171 -0.02 -2.45
Apr 2025 455883.92781188764 0.31 -2.83
May 2025 455363.52467594 -0.11 -3.38
Jun 2025 454414.79061678675 -0.21 -3.48
Jul 2025 452740.89720638405 -0.37 -3.53
Aug 2025 450423.04852585756 -0.51 -3.60
Sep 2025 449125.25706045696 -0.29 -3.52
Oct 2025 448129.3251972235 -0.22 -3.36
Nov 2025 447065.81006538594 -0.24 -3.10
Dec 2025 446451.7997952766 -0.14 -2.76
Jan 2026 445598.49629291607 -0.19 -2.34
Feb 2026 446190.1948664726 0.13 -1.84