Zip Code: 85021 (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 85021 Zip Code (Phoenix, Arizona) in February 2026 was $434,163.217. The month over month percentage change (MoM) was 0.17%, and the year over year percentage change (YoY) was -1.68%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85021 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 85021 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: 85021 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85021 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 200614.0449909727 1.02 7.01
Feb 2015 202786.74039780415 1.08 6.75
Mar 2015 204830.13024422992 1.01 6.70
Apr 2015 206697.6849651227 0.91 6.96
May 2015 208917.74329187023 1.07 7.63
Jun 2015 211457.37145434076 1.22 8.63
Jul 2015 214532.4125389768 1.45 10.03
Aug 2015 216917.43601924353 1.11 11.09
Sep 2015 219390.38938573413 1.14 12.13
Oct 2015 221521.4832751108 0.97 13.00
Nov 2015 224058.333477071 1.15 13.70
Dec 2015 226351.92508488937 1.02 13.99
Jan 2016 229059.25308777648 1.20 14.18
Feb 2016 231651.33816856917 1.13 14.23
Mar 2016 233124.82759792815 0.64 13.81
Apr 2016 233421.4967607263 0.13 12.93
May 2016 233115.98138859146 -0.13 11.58
Jun 2016 233196.38424214732 0.03 10.28
Jul 2016 233738.3696767254 0.23 8.95
Aug 2016 234385.6455144052 0.28 8.05
Sep 2016 235474.9596555551 0.47 7.33
Oct 2016 236527.54982200568 0.45 6.77
Nov 2016 237543.6328875611 0.43 6.02
Dec 2016 238497.49132126532 0.40 5.37
Jan 2017 239562.85715167542 0.45 4.59
Feb 2017 241197.0453429758 0.68 4.12
Mar 2017 243303.26951453913 0.87 4.37
Apr 2017 245399.4985931632 0.86 5.13
May 2017 247006.71643387558 0.66 5.96
Jun 2017 248126.7189800068 0.45 6.40
Jul 2017 249401.60330294864 0.51 6.70
Aug 2017 250837.19488093257 0.58 7.02
Sep 2017 252726.46369977223 0.75 7.33
Oct 2017 254474.62144940606 0.69 7.59
Nov 2017 256024.9806019992 0.61 7.78
Dec 2017 257333.92764408272 0.51 7.90
Jan 2018 259034.66444288348 0.66 8.13
Feb 2018 261025.31842704458 0.77 8.22
Mar 2018 262941.9383844247 0.73 8.07
Apr 2018 264387.45769860497 0.55 7.74
May 2018 266113.2325237973 0.65 7.74
Jun 2018 268279.0901843709 0.81 8.12
Jul 2018 270901.77618823835 0.98 8.62
Aug 2018 273242.30285865645 0.86 8.93
Sep 2018 275252.6241484837 0.74 8.91
Oct 2018 276645.80151010124 0.51 8.71
Nov 2018 277803.2102056251 0.42 8.51
Dec 2018 278542.98804622394 0.27 8.24
Jan 2019 279758.18979536765 0.44 8.00
Feb 2019 281526.06651753135 0.63 7.85
Mar 2019 283042.53563861985 0.54 7.65
Apr 2019 283724.6489856539 0.24 7.31
May 2019 283544.0037077411 -0.06 6.55
Jun 2019 283596.8048251867 0.02 5.71
Jul 2019 283972.3828414125 0.13 4.83
Aug 2019 284952.970851488 0.35 4.29
Sep 2019 286258.9250081887 0.46 4.00
Oct 2019 287973.4201669492 0.60 4.10
Nov 2019 289845.83904389135 0.65 4.34
Dec 2019 291748.25711074146 0.66 4.74
Jan 2020 294614.7609565344 0.98 5.31
Feb 2020 298858.11393151333 1.44 6.16
Mar 2020 304126.1240479802 1.76 7.45
Apr 2020 308800.1205727629 1.54 8.84
May 2020 311589.5353447243 0.90 9.89
Jun 2020 312712.75039486826 0.36 10.27
Jul 2020 313823.18606560415 0.36 10.51
Aug 2020 316129.1192285429 0.74 10.94
Sep 2020 320285.0696706981 1.32 11.89
Oct 2020 325276.5466556325 1.56 12.95
Nov 2020 330784.20912484877 1.69 14.12
Dec 2020 336539.71278593206 1.74 15.35
Jan 2021 341936.7547244218 1.60 16.06
Feb 2021 347671.4869219083 1.68 16.33
Mar 2021 354555.31404752174 1.98 16.58
Apr 2021 362690.23441902787 2.29 17.45
May 2021 372017.6878022594 2.57 19.39
Jun 2021 381707.6746221268 2.61 22.06
Jul 2021 390940.8493575176 2.42 24.57
Aug 2021 398720.5972659244 1.99 26.13
Sep 2021 404938.8782504066 1.56 26.43
Oct 2021 410496.9449947008 1.37 26.20
Nov 2021 416376.42885931116 1.43 25.88
Dec 2021 421804.631454096 1.30 25.34
Jan 2022 427317.9583945318 1.31 24.97
Feb 2022 433349.5857654896 1.41 24.64
Mar 2022 441395.1429468772 1.86 24.49
Apr 2022 451120.26082043425 2.20 24.38
May 2022 461061.47689456743 2.20 23.94
Jun 2022 469291.5162672371 1.79 22.95
Jul 2022 472932.8274764391 0.78 20.97
Aug 2022 471135.241182981 -0.38 18.16
Sep 2022 464886.6742547189 -1.33 14.80
Oct 2022 457734.6403683843 -1.54 11.51
Nov 2022 450535.63589007285 -1.57 8.20
Dec 2022 443490.33755396685 -1.56 5.14
Jan 2023 436054.07461826014 -1.68 2.04
Feb 2023 429872.3303332808 -1.42 -0.80
Mar 2023 426180.16155866854 -0.86 -3.45
Apr 2023 425221.1083203829 -0.22 -5.74
May 2023 426094.4424494778 0.21 -7.58
Jun 2023 428291.0757075274 0.52 -8.74
Jul 2023 431303.1272856481 0.70 -8.80
Aug 2023 434904.37213243585 0.84 -7.69
Sep 2023 438481.1910629713 0.82 -5.68
Oct 2023 441910.73317787336 0.78 -3.46
Nov 2023 444759.47729182197 0.65 -1.28
Dec 2023 446350.5589674141 0.36 0.65
Jan 2024 446758.5534631605 0.09 2.46
Feb 2024 446611.99403414805 -0.03 3.89
Mar 2024 447208.6974050628 0.13 4.93
Apr 2024 448308.7785945308 0.25 5.43
May 2024 449346.01077381824 0.23 5.46
Jun 2024 449176.4660866391 -0.04 4.88
Jul 2024 448137.28245532466 -0.23 3.90
Aug 2024 446565.9242346471 -0.35 2.68
Sep 2024 445297.0431190754 -0.28 1.55
Oct 2024 444367.5699362906 -0.21 0.56
Nov 2024 443768.78273871687 -0.13 -0.22
Dec 2024 443483.19622241304 -0.06 -0.64
Jan 2025 442960.3137618215 -0.12 -0.85
Feb 2025 441570.2911656036 -0.31 -1.13
Mar 2025 439227.064027885 -0.53 -1.78
Apr 2025 437088.7949018304 -0.49 -2.50
May 2025 435311.73726268514 -0.41 -3.12
Jun 2025 434010.4233807114 -0.30 -3.38
Jul 2025 432563.39071416826 -0.33 -3.47
Aug 2025 431207.4266971772 -0.31 -3.44
Sep 2025 430318.1660046587 -0.21 -3.36
Oct 2025 430302.5765006817 0.00 -3.16
Nov 2025 431196.3121496893 0.21 -2.83
Dec 2025 432339.3687861597 0.27 -2.51
Jan 2026 433419.68489435053 0.25 -2.15
Feb 2026 434163.2168282575 0.17 -1.68