Zip Code: 85017 (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 85017 Zip Code (Phoenix, Arizona) in February 2026 was $298,704.137. The month over month percentage change (MoM) was 0.15%, and the year over year percentage change (YoY) was -6.33%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85017 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 85017 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: 85017 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85017 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 93658.51041946204 0.92 14.20
Feb 2015 94756.57208652313 1.17 13.07
Mar 2015 96126.39899634419 1.45 12.67
Apr 2015 98048.95734662966 2.00 13.61
May 2015 100145.97039189983 2.14 14.82
Jun 2015 102117.02579497603 1.97 16.00
Jul 2015 103945.89664805545 1.79 16.92
Aug 2015 105671.72575914155 1.66 17.91
Sep 2015 107762.42630681046 1.98 19.37
Oct 2015 109989.22261864891 2.07 20.92
Nov 2015 112164.49967501622 1.98 22.20
Dec 2015 114233.44278912382 1.85 23.10
Jan 2016 116636.92394131632 2.10 24.53
Feb 2016 119311.83317863691 2.29 25.91
Mar 2016 121736.57630781468 2.03 26.64
Apr 2016 123720.79015517316 1.63 26.18
May 2016 125364.63949894137 1.33 25.18
Jun 2016 126987.83868279577 1.30 24.36
Jul 2016 128664.7423747999 1.32 23.78
Aug 2016 130442.25288888141 1.38 23.44
Sep 2016 132233.08009912758 1.37 22.71
Oct 2016 133795.9022191954 1.18 21.65
Nov 2016 135100.9922470447 0.98 20.45
Dec 2016 136312.67011817626 0.90 19.33
Jan 2017 137739.15693648378 1.05 18.09
Feb 2017 139272.4696748963 1.11 16.73
Mar 2017 141084.71643993244 1.30 15.89
Apr 2017 142725.38943604825 1.16 15.36
May 2017 144510.77541688053 1.25 15.27
Jun 2017 146241.14920083198 1.20 15.16
Jul 2017 147870.3743096276 1.11 14.93
Aug 2017 149362.17038551215 1.01 14.50
Sep 2017 150869.4700340016 1.01 14.09
Oct 2017 152346.25520922735 0.98 13.87
Nov 2017 153609.30852825913 0.83 13.70
Dec 2017 154699.39265817226 0.71 13.49
Jan 2018 156504.63425085912 1.17 13.62
Feb 2018 158639.09670566805 1.36 13.91
Mar 2018 160569.9962783126 1.22 13.81
Apr 2018 161715.44646084102 0.71 13.31
May 2018 163060.35969515616 0.83 12.84
Jun 2018 164711.14474282795 1.01 12.63
Jul 2018 166491.38063786726 1.08 12.59
Aug 2018 167989.0789801594 0.90 12.47
Sep 2018 169505.17393616735 0.90 12.35
Oct 2018 170865.04148287704 0.80 12.16
Nov 2018 172053.5718394878 0.70 12.01
Dec 2018 173309.93328268544 0.73 12.03
Jan 2019 175616.8464338712 1.33 12.21
Feb 2019 178605.46692815077 1.70 12.59
Mar 2019 181428.38806400192 1.58 12.99
Apr 2019 183215.8932193493 0.99 13.30
May 2019 184236.5405715965 0.56 12.99
Jun 2019 185043.63417355457 0.44 12.34
Jul 2019 185741.18506128216 0.38 11.56
Aug 2019 186667.55042300528 0.50 11.12
Sep 2019 187755.85179233202 0.58 10.77
Oct 2019 189173.93980511106 0.76 10.72
Nov 2019 190737.72293410348 0.83 10.86
Dec 2019 192488.71561033887 0.92 11.07
Jan 2020 195142.41226444495 1.38 11.12
Feb 2020 198821.25338469862 1.89 11.32
Mar 2020 203233.9703948115 2.22 12.02
Apr 2020 206891.19339361435 1.80 12.92
May 2020 209372.887795793 1.20 13.64
Jun 2020 210560.6206592828 0.57 13.79
Jul 2020 211525.46150703673 0.46 13.88
Aug 2020 212937.28581296952 0.67 14.07
Sep 2020 215610.49576712775 1.25 14.84
Oct 2020 219180.02365697757 1.66 15.86
Nov 2020 223489.15763738877 1.97 17.17
Dec 2020 228030.20694409858 2.03 18.46
Jan 2021 232482.6682963163 1.95 19.14
Feb 2021 236808.31837406763 1.86 19.11
Mar 2021 241846.51530286958 2.13 19.00
Apr 2021 247234.07879438935 2.23 19.50
May 2021 253361.6296659954 2.48 21.01
Jun 2021 259909.33364889666 2.58 23.44
Jul 2021 266577.0865270115 2.57 26.03
Aug 2021 272490.6809431961 2.22 27.97
Sep 2021 277095.42654954636 1.69 28.52
Oct 2021 281645.6635011269 1.64 28.50
Nov 2021 286515.14519416005 1.73 28.20
Dec 2021 291559.0443862812 1.76 27.86
Jan 2022 297297.1208520652 1.97 27.88
Feb 2022 303848.7191124815 2.20 28.31
Mar 2022 311437.11142371804 2.50 28.78
Apr 2022 318914.73865030805 2.40 28.99
May 2022 326002.1827955993 2.22 28.67
Jun 2022 332442.3607452909 1.98 27.91
Jul 2022 336206.0116787094 1.13 26.12
Aug 2022 336133.51118558226 -0.02 23.36
Sep 2022 332399.53553275374 -1.11 19.96
Oct 2022 327269.11130979256 -1.54 16.20
Nov 2022 321586.8247866128 -1.74 12.24
Dec 2022 315211.4990447536 -1.98 8.11
Jan 2023 308536.11462738767 -2.12 3.78
Feb 2023 303069.7211306638 -1.77 -0.26
Mar 2023 300678.5394772223 -0.79 -3.45
Apr 2023 300691.56286851637 0.00 -5.71
May 2023 301863.3540232843 0.39 -7.40
Jun 2023 303734.02397864516 0.62 -8.64
Jul 2023 306323.42906777986 0.85 -8.89
Aug 2023 310177.5990222323 1.26 -7.72
Sep 2023 313814.9249689238 1.17 -5.59
Oct 2023 317331.3367256001 1.12 -3.04
Nov 2023 320084.03186180204 0.87 -0.47
Dec 2023 321762.9512907958 0.53 2.08
Jan 2024 322250.1204375155 0.15 4.45
Feb 2024 322489.34923547617 0.07 6.41
Mar 2024 323388.84478350444 0.28 7.55
Apr 2024 325229.5448365141 0.57 8.16
May 2024 326882.7256491053 0.51 8.29
Jun 2024 327986.3671820787 0.34 7.99
Jul 2024 328154.7233065378 0.05 7.13
Aug 2024 327418.90795903356 -0.22 5.56
Sep 2024 326061.9381500859 -0.41 3.90
Oct 2024 324712.1293704863 -0.41 2.33
Nov 2024 323370.3028242474 -0.41 1.03
Dec 2024 322599.9708070264 -0.24 0.26
Jan 2025 321098.8145326805 -0.46 -0.36
Feb 2025 318898.2829492859 -0.68 -1.11
Mar 2025 315453.723347264 -1.08 -2.45
Apr 2025 312389.407948582 -0.97 -3.95
May 2025 310092.6976481507 -0.73 -5.14
Jun 2025 307896.0013112481 -0.71 -6.12
Jul 2025 305551.62134520453 -0.76 -6.89
Aug 2025 302966.26733104594 -0.85 -7.47
Sep 2025 300850.43872660585 -0.70 -7.73
Oct 2025 299255.87490903534 -0.53 -7.84
Nov 2025 298256.7694386702 -0.33 -7.77
Dec 2025 298032.77528846567 -0.07 -7.61
Jan 2026 298268.66663611773 0.08 -7.11
Feb 2026 298704.136770382 0.15 -6.33