Zip Code: 85027 (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 85027 Zip Code (Phoenix, Arizona) in February 2026 was $377,639.591. The month over month percentage change (MoM) was 0.22%, and the year over year percentage change (YoY) was -3.95%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85027 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 85027 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: 85027 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85027 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 159429.20838577137 0.50 4.89
Feb 2015 160155.9213190279 0.46 4.37
Mar 2015 161027.45584075994 0.54 4.12
Apr 2015 162289.85395892878 0.78 4.46
May 2015 163908.52488194068 1.00 5.22
Jun 2015 165584.19576420597 1.02 6.25
Jul 2015 167130.53514495306 0.93 7.20
Aug 2015 168729.06047316568 0.96 8.00
Sep 2015 170741.6112003315 1.19 8.82
Oct 2015 172890.69036416957 1.26 9.79
Nov 2015 175186.2662726875 1.33 10.86
Dec 2015 177243.3899882566 1.17 11.73
Jan 2016 179816.05078499342 1.45 12.79
Feb 2016 182290.87643702552 1.38 13.82
Mar 2016 184294.06629531077 1.10 14.45
Apr 2016 185533.12669105965 0.67 14.32
May 2016 186566.5072825156 0.56 13.82
Jun 2016 187864.5369142796 0.70 13.46
Jul 2016 189126.60368407788 0.67 13.16
Aug 2016 190355.53679430112 0.65 12.82
Sep 2016 191821.71137926937 0.77 12.35
Oct 2016 193462.85059369422 0.86 11.90
Nov 2016 195107.05788191696 0.85 11.37
Dec 2016 196503.49439726176 0.72 10.87
Jan 2017 198015.19976136912 0.77 10.12
Feb 2017 199477.7105012516 0.74 9.43
Mar 2017 201088.85056367746 0.81 9.11
Apr 2017 202403.10947489642 0.65 9.09
May 2017 203696.52551786462 0.64 9.18
Jun 2017 204974.70743934135 0.63 9.11
Jul 2017 206295.3620118138 0.64 9.08
Aug 2017 207769.23438049064 0.71 9.15
Sep 2017 209215.89244736705 0.70 9.07
Oct 2017 210668.27843614994 0.69 8.89
Nov 2017 212013.41093313057 0.64 8.66
Dec 2017 213450.9789254181 0.68 8.63
Jan 2018 215356.56925679406 0.89 8.76
Feb 2018 217126.44599097254 0.82 8.85
Mar 2018 218643.43328043612 0.70 8.73
Apr 2018 219547.0799766489 0.41 8.47
May 2018 220572.3743056082 0.47 8.29
Jun 2018 221697.27874961495 0.51 8.16
Jul 2018 223002.95966835562 0.59 8.10
Aug 2018 224299.30691587683 0.58 7.96
Sep 2018 225554.98855262747 0.56 7.81
Oct 2018 226838.0941871515 0.57 7.68
Nov 2018 228246.524350304 0.62 7.66
Dec 2018 229661.59553696166 0.62 7.60
Jan 2019 231406.08325243974 0.76 7.45
Feb 2019 233337.20215436898 0.84 7.47
Mar 2019 235033.9729366116 0.73 7.50
Apr 2019 236277.73761640026 0.53 7.62
May 2019 236977.97620316598 0.30 7.44
Jun 2019 237799.10833020243 0.35 7.26
Jul 2019 238347.97943597738 0.23 6.88
Aug 2019 239040.59236213847 0.29 6.57
Sep 2019 239854.07754030253 0.34 6.34
Oct 2019 241397.5021444793 0.64 6.42
Nov 2019 243534.7400988259 0.89 6.70
Dec 2019 245889.4986292102 0.97 7.07
Jan 2020 248710.4994425193 1.15 7.48
Feb 2020 251833.84942943475 1.26 7.93
Mar 2020 255321.17694102938 1.39 8.63
Apr 2020 258310.45896097773 1.17 9.32
May 2020 260195.64346500172 0.73 9.80
Jun 2020 261299.7466780882 0.42 9.88
Jul 2020 262418.723300161 0.43 10.10
Aug 2020 264412.4471904388 0.76 10.61
Sep 2020 268111.79462791147 1.40 11.78
Oct 2020 272904.2707151084 1.79 13.05
Nov 2020 278584.96386243176 2.08 14.39
Dec 2020 284074.083700184 1.97 15.53
Jan 2021 289505.4846521383 1.91 16.40
Feb 2021 295132.53786772274 1.94 17.19
Mar 2021 301631.2557573824 2.20 18.14
Apr 2021 308748.33448773174 2.36 19.53
May 2021 316823.9173625685 2.62 21.76
Jun 2021 325904.0819559853 2.87 24.72
Jul 2021 335120.27096156386 2.83 27.70
Aug 2021 343479.0257133587 2.49 29.90
Sep 2021 350264.14012884744 1.98 30.64
Oct 2021 356182.2004136878 1.69 30.52
Nov 2021 361986.0769240467 1.63 29.94
Dec 2021 367569.20416218456 1.54 29.39
Jan 2022 373874.6246507587 1.72 29.14
Feb 2022 381058.9944455251 1.92 29.12
Mar 2022 389718.57073216914 2.27 29.20
Apr 2022 398944.70643003937 2.37 29.21
May 2022 407987.3674979126 2.27 28.77
Jun 2022 415548.41444513877 1.85 27.51
Jul 2022 419278.5116852932 0.90 25.11
Aug 2022 417949.7995775991 -0.32 21.68
Sep 2022 412103.3678805518 -1.40 17.66
Oct 2022 404691.1889113589 -1.80 13.62
Nov 2022 396933.0830859993 -1.92 9.65
Dec 2022 389679.7614437947 -1.83 6.02
Jan 2023 383071.88618993043 -1.70 2.46
Feb 2023 378305.9654129825 -1.24 -0.72
Mar 2023 376040.1348993029 -0.60 -3.51
Apr 2023 375672.86072513537 -0.10 -5.83
May 2023 376797.36383721494 0.30 -7.64
Jun 2023 378902.31762779877 0.56 -8.82
Jul 2023 382194.1710156567 0.87 -8.85
Aug 2023 386195.5408910914 1.05 -7.60
Sep 2023 389847.8177782903 0.95 -5.40
Oct 2023 392726.3137833464 0.74 -2.96
Nov 2023 394530.8983003897 0.46 -0.60
Dec 2023 395547.78725159407 0.26 1.51
Jan 2024 395934.8586242462 0.10 3.36
Feb 2024 396582.9497425808 0.16 4.83
Mar 2024 397788.5614432506 0.30 5.78
Apr 2024 399596.43865922815 0.45 6.37
May 2024 401344.1229544847 0.44 6.52
Jun 2024 402027.89735717716 0.17 6.10
Jul 2024 401923.76545799157 -0.03 5.16
Aug 2024 400775.36659412505 -0.29 3.78
Sep 2024 399320.13632776286 -0.36 2.43
Oct 2024 397779.5403691958 -0.39 1.29
Nov 2024 396520.02516472706 -0.32 0.50
Dec 2024 395773.2163041138 -0.19 0.06
Jan 2025 394851.90710225236 -0.23 -0.27
Feb 2025 393170.11039700924 -0.43 -0.86
Mar 2025 390753.9461361682 -0.61 -1.77
Apr 2025 388274.14461308066 -0.63 -2.83
May 2025 386060.6221335333 -0.57 -3.81
Jun 2025 383917.98856424604 -0.56 -4.50
Jul 2025 381873.89696138614 -0.53 -4.99
Aug 2025 380003.5959235166 -0.49 -5.18
Sep 2025 378625.18308963673 -0.36 -5.18
Oct 2025 377275.069492253 -0.36 -5.15
Nov 2025 376404.6387807058 -0.23 -5.07
Dec 2025 376226.075634313 -0.05 -4.94
Jan 2026 376800.7088380084 0.15 -4.57
Feb 2026 377639.59055730276 0.22 -3.95