Zip Code: 85035 (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 85035 Zip Code (Phoenix, Arizona) in February 2026 was $319,074.172. The month over month percentage change (MoM) was 0.03%, and the year over year percentage change (YoY) was -4.87%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85035 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 85035 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: 85035 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85035 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 100278.68403151694 0.57 14.59
Feb 2015 101088.10514738568 0.81 12.47
Mar 2015 102223.90852799336 1.12 11.24
Apr 2015 103899.50507627177 1.64 11.51
May 2015 105891.23068764659 1.92 12.56
Jun 2015 108202.69834463659 2.18 13.99
Jul 2015 110723.58206889791 2.33 15.61
Aug 2015 113129.12927152682 2.17 16.84
Sep 2015 115649.20417476054 2.23 18.24
Oct 2015 118119.33872649483 2.14 19.89
Nov 2015 120642.86616455873 2.14 21.73
Dec 2015 122900.56408603222 1.87 23.26
Jan 2016 125507.73792999111 2.12 25.16
Feb 2016 128369.81900521631 2.28 26.99
Mar 2016 130937.88636831241 2.00 28.09
Apr 2016 132865.82127555835 1.47 27.88
May 2016 134205.89604391812 1.01 26.74
Jun 2016 135510.5299509647 0.97 25.24
Jul 2016 137052.46870181893 1.14 23.78
Aug 2016 138602.09479812384 1.13 22.52
Sep 2016 140390.0673410561 1.29 21.39
Oct 2016 141776.881044472 0.99 20.03
Nov 2016 143014.02400292232 0.87 18.54
Dec 2016 144018.65553950847 0.70 17.18
Jan 2017 145263.67635941764 0.86 15.74
Feb 2017 146709.1644081496 1.00 14.29
Mar 2017 148100.36977485497 0.95 13.11
Apr 2017 149122.1055514148 0.69 12.24
May 2017 150004.92336517174 0.59 11.77
Jun 2017 151304.03322433654 0.87 11.66
Jul 2017 153029.50044688254 1.14 11.66
Aug 2017 154804.94727273835 1.16 11.69
Sep 2017 156466.96534798536 1.07 11.45
Oct 2017 157805.5809931377 0.86 11.31
Nov 2017 158867.09204952852 0.67 11.09
Dec 2017 159627.3604164718 0.48 10.84
Jan 2018 160925.3779658694 0.81 10.78
Feb 2018 162876.7936081889 1.21 11.02
Mar 2018 165089.0932021666 1.36 11.47
Apr 2018 166703.7630378879 0.98 11.79
May 2018 168107.1521741028 0.84 12.07
Jun 2018 169616.2009906038 0.90 12.10
Jul 2018 171634.2478514052 1.19 12.16
Aug 2018 173478.31879921185 1.07 12.06
Sep 2018 175224.01292262945 1.01 11.99
Oct 2018 176613.852161059 0.79 11.92
Nov 2018 178065.34952534336 0.82 12.08
Dec 2018 179562.75439085753 0.84 12.49
Jan 2019 181674.241903763 1.18 12.89
Feb 2019 184296.3902449651 1.44 13.15
Mar 2019 186970.05505824243 1.45 13.25
Apr 2019 189035.56509844793 1.11 13.40
May 2019 190455.94469977435 0.75 13.29
Jun 2019 191685.78160939305 0.65 13.01
Jul 2019 192758.4364395685 0.56 12.31
Aug 2019 194045.04252293147 0.67 11.86
Sep 2019 195340.01444046362 0.67 11.48
Oct 2019 197099.57320846515 0.90 11.60
Nov 2019 198917.72545120853 0.92 11.71
Dec 2019 200820.38050041188 0.96 11.84
Jan 2020 203248.49304037596 1.21 11.88
Feb 2020 206822.52572530636 1.76 12.22
Mar 2020 210908.351907831 1.98 12.80
Apr 2020 214363.0609657976 1.64 13.40
May 2020 216357.7676395428 0.93 13.60
Jun 2020 217218.2626841983 0.40 13.32
Jul 2020 218090.8020561631 0.40 13.14
Aug 2020 219629.74649448777 0.71 13.19
Sep 2020 222518.2177212543 1.32 13.91
Oct 2020 225941.22347787887 1.54 14.63
Nov 2020 230192.78057112623 1.88 15.72
Dec 2020 234704.94589400673 1.96 16.87
Jan 2021 239542.20728028635 2.06 17.86
Feb 2021 244138.82395434496 1.92 18.04
Mar 2021 249297.95236727633 2.11 18.20
Apr 2021 254631.30683669166 2.14 18.79
May 2021 260858.70614155647 2.45 20.57
Jun 2021 267765.31940374564 2.65 23.27
Jul 2021 275213.6504920787 2.78 26.19
Aug 2021 282459.96209037746 2.63 28.61
Sep 2021 289084.35043632746 2.35 29.92
Oct 2021 295232.8503515707 2.13 30.67
Nov 2021 301230.32931153243 2.03 30.86
Dec 2021 307132.3477171769 1.96 30.86
Jan 2022 313579.74258308235 2.10 30.91
Feb 2022 320545.92406141444 2.22 31.30
Mar 2022 327936.9980623693 2.31 31.54
Apr 2022 335890.9857428409 2.42 31.91
May 2022 344029.5329741359 2.42 31.88
Jun 2022 351677.1958085098 2.22 31.34
Jul 2022 356269.07440749573 1.31 29.45
Aug 2022 356216.26643741265 -0.01 26.11
Sep 2022 352135.9416757608 -1.14 21.81
Oct 2022 346215.10229736805 -1.68 17.27
Nov 2022 339880.40463742014 -1.83 12.83
Dec 2022 333461.60917653027 -1.89 8.57
Jan 2023 326931.86441213446 -1.96 4.26
Feb 2023 321510.06395569356 -1.66 0.30
Mar 2023 318792.6904879385 -0.84 -2.79
Apr 2023 318659.6974441541 -0.04 -5.13
May 2023 320276.7264849421 0.51 -6.90
Jun 2023 322376.9520509587 0.66 -8.33
Jul 2023 324983.70750303456 0.81 -8.78
Aug 2023 327923.34287676244 0.91 -7.94
Sep 2023 330364.81928961724 0.75 -6.18
Oct 2023 332571.7539807427 0.67 -3.94
Nov 2023 334352.8740042665 0.54 -1.63
Dec 2023 335713.02558971586 0.41 0.68
Jan 2024 336419.5139406804 0.21 2.90
Feb 2024 337205.08618764183 0.23 4.88
Mar 2024 338375.96651357174 0.35 6.14
Apr 2024 339931.524854182 0.46 6.68
May 2024 341134.4004136885 0.35 6.51
Jun 2024 342098.80656167894 0.28 6.12
Jul 2024 342588.9263932278 0.14 5.42
Aug 2024 342590.40705888765 0.00 4.47
Sep 2024 341789.17478865286 -0.23 3.46
Oct 2024 340652.52016019326 -0.33 2.43
Nov 2024 339512.0513280533 -0.33 1.54
Dec 2024 338804.72213574965 -0.21 0.92
Jan 2025 337486.86759842344 -0.39 0.32
Feb 2025 335426.13284910744 -0.61 -0.53
Mar 2025 332535.18572798744 -0.86 -1.73
Apr 2025 329921.7448842746 -0.79 -2.94
May 2025 327352.6976804859 -0.78 -4.04
Jun 2025 324962.0305868537 -0.73 -5.01
Jul 2025 322988.5126786525 -0.61 -5.72
Aug 2025 321467.4596058442 -0.47 -6.17
Sep 2025 320276.9174238561 -0.37 -6.29
Oct 2025 319115.9757857872 -0.36 -6.32
Nov 2025 318580.84672810097 -0.17 -6.16
Dec 2025 318803.11478675186 0.07 -5.90
Jan 2026 318986.41056838055 0.06 -5.48
Feb 2026 319074.17183962517 0.03 -4.87