Zip Code: 85007 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 85007 Zip Code (Phoenix, Arizona) in February 2026 was $404,176.832. The month over month percentage change (MoM) was 0.07%, and the year over year percentage change (YoY) was -5.24%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85007 zip code (Phoenix, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 85007 zip code (Phoenix, Arizona).

You can see similar information for other Arizona zip codes, and for Arizona.

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.
Zip Code: 85007 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85007 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 160497.18231022707 1.09 12.03
Feb 2015 162128.55312135714 1.02 11.14
Mar 2015 163727.1146519681 0.99 10.30
Apr 2015 165285.3977873834 0.95 10.33
May 2015 167051.6224584761 1.07 10.74
Jun 2015 169147.43966372017 1.25 11.63
Jul 2015 171604.99807946917 1.45 12.69
Aug 2015 174370.58555108638 1.61 14.08
Sep 2015 177408.89106682932 1.74 15.25
Oct 2015 180675.8943649025 1.84 16.46
Nov 2015 183420.6071708878 1.52 16.82
Dec 2015 185769.56916648356 1.28 17.01
Jan 2016 188556.24709736928 1.50 17.48
Feb 2016 191813.77302351664 1.73 18.31
Mar 2016 194412.10689156273 1.36 18.74
Apr 2016 195780.54854508556 0.70 18.45
May 2016 196496.92091963088 0.37 17.63
Jun 2016 197857.01679938042 0.69 16.97
Jul 2016 199647.88118603826 0.91 16.34
Aug 2016 201062.48779222273 0.71 15.31
Sep 2016 202370.5747912974 0.65 14.07
Oct 2016 203571.59550129785 0.59 12.67
Nov 2016 205187.5717288633 0.79 11.87
Dec 2016 206824.57268474973 0.80 11.33
Jan 2017 208169.07796819776 0.65 10.40
Feb 2017 209433.27364199306 0.61 9.19
Mar 2017 210464.0245919521 0.49 8.26
Apr 2017 211470.05309853816 0.48 8.01
May 2017 212940.19598935623 0.70 8.37
Jun 2017 215561.20376412838 1.23 8.95
Jul 2017 219075.98066371537 1.63 9.73
Aug 2017 222329.23638188283 1.49 10.58
Sep 2017 225201.39091364507 1.29 11.28
Oct 2017 227639.32448295318 1.08 11.82
Nov 2017 229856.62052563348 0.97 12.02
Dec 2017 232033.3973079937 0.95 12.19
Jan 2018 234958.71169443242 1.26 12.87
Feb 2018 238400.7965419685 1.47 13.83
Mar 2018 241246.64777122624 1.19 14.63
Apr 2018 242696.14555376497 0.60 14.77
May 2018 243551.81295673453 0.35 14.38
Jun 2018 244485.90059307034 0.38 13.42
Jul 2018 246109.72025571854 0.66 12.34
Aug 2018 247829.60097995005 0.70 11.47
Sep 2018 249654.12668799222 0.74 10.86
Oct 2018 250772.45300832993 0.45 10.16
Nov 2018 252022.25140555296 0.50 9.64
Dec 2018 253352.70075116 0.53 9.19
Jan 2019 255625.38005081812 0.90 8.80
Feb 2019 258339.03738251972 1.06 8.36
Mar 2019 260419.08950611934 0.81 7.95
Apr 2019 261519.89389877394 0.42 7.76
May 2019 261690.85515690313 0.07 7.45
Jun 2019 261818.76593246064 0.05 7.09
Jul 2019 261952.67102768327 0.05 6.44
Aug 2019 262807.3779005732 0.33 6.04
Sep 2019 264265.07251888025 0.56 5.85
Oct 2019 266676.2187664636 0.91 6.34
Nov 2019 269231.72701176314 0.96 6.83
Dec 2019 272247.4958856357 1.12 7.46
Jan 2020 276652.6334511489 1.62 8.23
Feb 2020 283723.5590336041 2.56 9.83
Mar 2020 292210.8488969967 2.99 12.21
Apr 2020 299544.67245656386 2.51 14.54
May 2020 303515.11694726045 1.33 15.98
Jun 2020 303495.90198998805 -0.01 15.92
Jul 2020 302200.13647285296 -0.43 15.36
Aug 2020 302137.68397426297 -0.02 14.97
Sep 2020 305204.08057356445 1.01 15.49
Oct 2020 309567.2595974522 1.43 16.08
Nov 2020 314528.3715847635 1.60 16.82
Dec 2020 320058.24221228994 1.76 17.56
Jan 2021 325394.0648527004 1.67 17.62
Feb 2021 330685.8097439 1.63 16.55
Mar 2021 336347.70501324564 1.71 15.10
Apr 2021 342626.1349545319 1.87 14.38
May 2021 349827.0625640384 2.10 15.26
Jun 2021 357658.38438109745 2.24 17.85
Jul 2021 365892.8632140585 2.30 21.08
Aug 2021 373151.6885567216 1.98 23.50
Sep 2021 378349.6463428473 1.39 23.97
Oct 2021 383000.0127290388 1.23 23.72
Nov 2021 387966.8992871057 1.30 23.35
Dec 2021 393036.79560649797 1.31 22.80
Jan 2022 398484.02651534247 1.39 22.46
Feb 2022 404461.2570832432 1.50 22.31
Mar 2022 412297.2025838748 1.94 22.58
Apr 2022 420557.96028398135 2.00 22.75
May 2022 429757.63058072486 2.19 22.85
Jun 2022 437784.91633311595 1.87 22.40
Jul 2022 442397.68674277794 1.05 20.91
Aug 2022 441656.0019642229 -0.17 18.36
Sep 2022 436566.6199180751 -1.15 15.39
Oct 2022 430933.822094056 -1.29 12.52
Nov 2022 424977.8415173269 -1.38 9.54
Dec 2022 419339.241916484 -1.33 6.69
Jan 2023 413596.99700285547 -1.37 3.79
Feb 2023 408998.0619450368 -1.11 1.12
Mar 2023 406305.11688490625 -0.66 -1.45
Apr 2023 405898.6486344494 -0.10 -3.49
May 2023 406786.79252990434 0.22 -5.34
Jun 2023 409006.6633255798 0.55 -6.57
Jul 2023 411913.2506331983 0.71 -6.89
Aug 2023 415742.53279159014 0.93 -5.87
Sep 2023 419952.78479091235 1.01 -3.81
Oct 2023 424298.1140666683 1.03 -1.54
Nov 2023 428560.54086138326 1.00 0.84
Dec 2023 431069.7787630173 0.59 2.80
Jan 2024 431943.7723883949 0.20 4.44
Feb 2024 431061.6831015889 -0.20 5.40
Mar 2024 430713.08879055193 -0.08 6.01
Apr 2024 431096.80670061515 0.09 6.21
May 2024 431950.86572331615 0.20 6.19
Jun 2024 432033.9374776103 0.02 5.63
Jul 2024 430978.0393075796 -0.24 4.63
Aug 2024 429358.53500507405 -0.38 3.28
Sep 2024 427975.73514193244 -0.32 1.91
Oct 2024 427175.0394066957 -0.19 0.68
Nov 2024 427063.86392821325 -0.03 -0.35
Dec 2024 427616.2079995177 0.13 -0.80
Jan 2025 427633.5869169044 0.00 -1.00
Feb 2025 426542.33189131104 -0.25 -1.05
Mar 2025 423563.3059271236 -0.70 -1.66
Apr 2025 420302.9076885713 -0.77 -2.50
May 2025 416892.72145694867 -0.81 -3.49
Jun 2025 413880.33455731516 -0.72 -4.20
Jul 2025 410748.16730295465 -0.76 -4.69
Aug 2025 407911.646865994 -0.69 -4.99
Sep 2025 405400.27451184136 -0.62 -5.27
Oct 2025 403472.76340544206 -0.47 -5.55
Nov 2025 402684.2389698238 -0.19 -5.71
Dec 2025 402954.9518372617 0.07 -5.77
Jan 2026 403890.5686947613 0.23 -5.55
Feb 2026 404176.8321056312 0.07 -5.24