Zip Code: 85008 (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 85008 Zip Code (Phoenix, Arizona) in February 2026 was $375,157.363. The month over month percentage change (MoM) was 0.18%, and the year over year percentage change (YoY) was -2.88%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85008 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 85008 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: 85008 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85008 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 140835.16442719116 0.87 12.39
Feb 2015 142004.64674928584 0.83 10.85
Mar 2015 143061.30647782082 0.74 9.68
Apr 2015 144145.95420117187 0.76 9.14
May 2015 145479.28058429158 0.93 9.26
Jun 2015 146952.9614546213 1.01 9.57
Jul 2015 148956.5256384478 1.36 10.35
Aug 2015 151271.7390786754 1.55 11.34
Sep 2015 153805.60658261532 1.68 12.47
Oct 2015 156157.05764619962 1.53 13.62
Nov 2015 158328.0122335263 1.39 14.41
Dec 2015 160602.55959555044 1.44 15.03
Jan 2016 163603.9950084174 1.87 16.17
Feb 2016 166685.87393644036 1.88 17.38
Mar 2016 168907.9737131228 1.33 18.07
Apr 2016 169760.40204909726 0.51 17.77
May 2016 170200.9608442623 0.26 16.99
Jun 2016 171097.44659576227 0.53 16.43
Jul 2016 172702.86130972093 0.94 15.94
Aug 2016 174522.20985593626 1.05 15.37
Sep 2016 176354.93119626262 1.05 14.66
Oct 2016 178190.75401962196 1.04 14.11
Nov 2016 179987.33285772288 1.01 13.68
Dec 2016 181994.52799441907 1.12 13.32
Jan 2017 184142.11570162783 1.18 12.55
Feb 2017 186489.30655793808 1.27 11.88
Mar 2017 188914.62925383876 1.30 11.85
Apr 2017 191198.20763212745 1.21 12.63
May 2017 192943.9130499291 0.91 13.36
Jun 2017 194433.59922031863 0.77 13.64
Jul 2017 195906.88766970122 0.76 13.44
Aug 2017 197725.7192286488 0.93 13.30
Sep 2017 199649.84241672323 0.97 13.21
Oct 2017 201436.97188911878 0.90 13.05
Nov 2017 203139.20547257122 0.85 12.86
Dec 2017 205083.19657576692 0.96 12.69
Jan 2018 207774.18969839928 1.31 12.83
Feb 2018 210554.31715019897 1.34 12.90
Mar 2018 213264.51657829192 1.29 12.89
Apr 2018 214932.57386274493 0.78 12.41
May 2018 216678.34072064413 0.81 12.30
Jun 2018 218258.44789916594 0.73 12.25
Jul 2018 220439.45723547717 1.00 12.52
Aug 2018 222655.0245492944 1.00 12.61
Sep 2018 225085.40487419892 1.09 12.74
Oct 2018 227024.42862829936 0.86 12.70
Nov 2018 228801.80672297816 0.78 12.63
Dec 2018 230343.91036130837 0.67 12.32
Jan 2019 232471.75348845345 0.92 11.89
Feb 2019 234936.7603672745 1.06 11.58
Mar 2019 237675.09144085835 1.17 11.45
Apr 2019 239740.85714079277 0.87 11.54
May 2019 240906.4854923935 0.49 11.18
Jun 2019 241532.98360493977 0.26 10.66
Jul 2019 241954.38192905707 0.17 9.76
Aug 2019 242716.94002057644 0.32 9.01
Sep 2019 243563.41238241145 0.35 8.21
Oct 2019 244907.34083364918 0.55 7.88
Nov 2019 246803.49721234813 0.77 7.87
Dec 2019 249083.05740539302 0.92 8.14
Jan 2020 252794.2761451737 1.49 8.74
Feb 2020 257808.41180053257 1.98 9.74
Mar 2020 264031.7505122808 2.41 11.09
Apr 2020 269231.443856903 1.97 12.30
May 2020 272223.1551964519 1.11 13.00
Jun 2020 272777.2697306516 0.20 12.94
Jul 2020 272831.63747261075 0.02 12.76
Aug 2020 273786.6150047884 0.35 12.80
Sep 2020 276957.2747750424 1.16 13.71
Oct 2020 281204.8442875619 1.53 14.82
Nov 2020 286101.7610284123 1.74 15.92
Dec 2020 291086.74244555685 1.74 16.86
Jan 2021 296096.1870501004 1.72 17.13
Feb 2021 301682.33965805883 1.89 17.02
Mar 2021 308269.80684646947 2.18 16.76
Apr 2021 315528.44483217574 2.36 17.20
May 2021 323770.86481439596 2.61 18.94
Jun 2021 332869.1761095234 2.81 22.03
Jul 2021 342229.6115553933 2.81 25.44
Aug 2021 349951.25080872956 2.26 27.82
Sep 2021 355365.31356696 1.55 28.31
Oct 2021 359651.7660626965 1.21 27.90
Nov 2021 364413.4012726532 1.32 27.37
Dec 2021 369048.5301378709 1.27 26.78
Jan 2022 374330.96660263743 1.43 26.42
Feb 2022 380402.19511582033 1.62 26.09
Mar 2022 388344.49219019274 2.09 25.98
Apr 2022 397352.2590784021 2.32 25.93
May 2022 406417.8617171943 2.28 25.53
Jun 2022 413728.9093107201 1.80 24.29
Jul 2022 417049.2935219439 0.80 21.86
Aug 2022 415642.82213189505 -0.34 18.77
Sep 2022 410741.56862441363 -1.18 15.58
Oct 2022 404561.822484541 -1.50 12.49
Nov 2022 397702.68135696166 -1.69 9.14
Dec 2022 390751.4744630302 -1.75 5.88
Jan 2023 383956.9455635049 -1.74 2.57
Feb 2023 378879.9694804987 -1.32 -0.40
Mar 2023 376145.73668346385 -0.72 -3.14
Apr 2023 375161.17952460656 -0.26 -5.58
May 2023 375000.85302941035 -0.04 -7.73
Jun 2023 375801.02459644334 0.21 -9.17
Jul 2023 377738.71267837175 0.52 -9.43
Aug 2023 380301.8894410948 0.68 -8.50
Sep 2023 382746.11977685796 0.64 -6.82
Oct 2023 385175.94457961427 0.64 -4.79
Nov 2023 387881.00220422115 0.70 -2.47
Dec 2023 389635.0586040724 0.45 -0.29
Jan 2024 390294.8830667849 0.17 1.65
Feb 2024 390685.57492983475 0.10 3.12
Mar 2024 391575.7454304446 0.23 4.10
Apr 2024 393163.9506579507 0.41 4.80
May 2024 394399.4711741426 0.31 5.17
Jun 2024 394962.86615166353 0.14 5.10
Jul 2024 394405.26510024647 -0.14 4.41
Aug 2024 393441.28231090255 -0.24 3.46
Sep 2024 392152.0289367796 -0.33 2.46
Oct 2024 391357.28512298194 -0.20 1.61
Nov 2024 390574.1384895246 -0.20 0.69
Dec 2024 390317.8511301521 -0.07 0.18
Jan 2025 388838.0943846546 -0.38 -0.37
Feb 2025 386294.9144528041 -0.65 -1.12
Mar 2025 382152.84530776454 -1.07 -2.41
Apr 2025 378721.2139966472 -0.90 -3.67
May 2025 375989.60575403314 -0.72 -4.67
Jun 2025 374347.52446704864 -0.44 -5.22
Jul 2025 372866.2756421726 -0.40 -5.46
Aug 2025 371732.31366196024 -0.30 -5.52
Sep 2025 371033.8688163569 -0.19 -5.38
Oct 2025 371290.54290684004 0.07 -5.13
Nov 2025 372016.8078964227 0.20 -4.75
Dec 2025 373352.28777068114 0.36 -4.35
Jan 2026 374488.5928878924 0.30 -3.69
Feb 2026 375157.36253456987 0.18 -2.88