Zip Code: 85041 (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 85041 Zip Code (Phoenix, Arizona) in February 2026 was $366,658.848. The month over month percentage change (MoM) was 0.11%, and the year over year percentage change (YoY) was -3.71%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85041 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 85041 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: 85041 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85041 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 139192.9015043548 0.32 6.26
Feb 2015 139828.39962056567 0.46 5.18
Mar 2015 140757.7948476137 0.67 4.58
Apr 2015 141894.00254187873 0.81 4.64
May 2015 143163.91379464866 0.90 5.22
Jun 2015 144395.20143880986 0.86 5.78
Jul 2015 145907.98555661002 1.05 6.46
Aug 2015 147616.04263035647 1.17 7.22
Sep 2015 149669.27648599097 1.39 8.20
Oct 2015 151665.29132016413 1.33 9.49
Nov 2015 153629.48912617832 1.30 10.79
Dec 2015 155516.20311901928 1.23 12.08
Jan 2016 157704.47033417583 1.41 13.30
Feb 2016 160146.32177778892 1.55 14.53
Mar 2016 162412.20015477436 1.42 15.38
Apr 2016 164263.1654640221 1.14 15.77
May 2016 165595.13715776705 0.81 15.67
Jun 2016 166617.1416520007 0.62 15.39
Jul 2016 167711.44199225237 0.66 14.94
Aug 2016 168929.17920720708 0.73 14.44
Sep 2016 170664.0196096316 1.03 14.03
Oct 2016 172042.84797942793 0.81 13.44
Nov 2016 173213.1876557636 0.68 12.75
Dec 2016 174140.68609502356 0.54 11.98
Jan 2017 175314.17654078724 0.67 11.17
Feb 2017 176885.08486816694 0.90 10.45
Mar 2017 178645.01887422838 1.00 9.99
Apr 2017 180411.6730760178 0.99 9.83
May 2017 181935.02125567966 0.84 9.87
Jun 2017 183552.1366455086 0.89 10.16
Jul 2017 185364.05961253584 0.99 10.53
Aug 2017 187267.36659739795 1.03 10.86
Sep 2017 188838.51370056567 0.84 10.65
Oct 2017 189932.30254617785 0.58 10.40
Nov 2017 190797.01831992422 0.46 10.15
Dec 2017 191735.28643624453 0.49 10.10
Jan 2018 193240.59747805478 0.79 10.23
Feb 2018 195290.8909698795 1.06 10.41
Mar 2018 197564.32156659735 1.16 10.59
Apr 2018 199401.3316201456 0.93 10.53
May 2018 201034.53177235447 0.82 10.50
Jun 2018 202510.235038255 0.73 10.33
Jul 2018 204371.3813133995 0.92 10.25
Aug 2018 206233.2666576784 0.91 10.13
Sep 2018 208323.51440672507 1.01 10.32
Oct 2018 210039.00211983733 0.82 10.59
Nov 2018 211607.4581739405 0.75 10.91
Dec 2018 212947.20074608494 0.63 11.06
Jan 2019 214642.2636973177 0.80 11.08
Feb 2019 216620.63794943396 0.92 10.92
Mar 2019 218625.95645415262 0.93 10.66
Apr 2019 220286.10462693474 0.76 10.47
May 2019 221525.35342187784 0.56 10.19
Jun 2019 222584.99978145098 0.48 9.91
Jul 2019 223598.4239853877 0.46 9.41
Aug 2019 224986.33553211155 0.62 9.09
Sep 2019 226499.41116066521 0.67 8.73
Oct 2019 228262.29028487785 0.78 8.68
Nov 2019 230171.11809949038 0.84 8.77
Dec 2019 232325.11127120396 0.94 9.10
Jan 2020 234988.13450446026 1.15 9.48
Feb 2020 238188.26741639012 1.36 9.96
Mar 2020 241802.84097782624 1.52 10.60
Apr 2020 245093.89737021702 1.36 11.26
May 2020 247547.18400929324 1.00 11.75
Jun 2020 249135.56002855915 0.64 11.93
Jul 2020 250768.64470958212 0.66 12.15
Aug 2020 253054.94191058856 0.91 12.48
Sep 2020 256673.5570981273 1.43 13.32
Oct 2020 260928.8865469227 1.66 14.31
Nov 2020 265820.1405047919 1.88 15.49
Dec 2020 271020.98361755424 1.96 16.66
Jan 2021 276713.13960264646 2.10 17.76
Feb 2021 282762.2289563063 2.19 18.71
Mar 2021 289867.5336254744 2.51 19.88
Apr 2021 297569.4714057038 2.66 21.41
May 2021 306423.1944502374 2.98 23.78
Jun 2021 315780.5940665078 3.05 26.75
Jul 2021 325359.9592887663 3.03 29.75
Aug 2021 334522.68450497923 2.82 32.19
Sep 2021 342928.93099085987 2.51 33.60
Oct 2021 350744.73642574536 2.28 34.42
Nov 2021 357930.1346431842 2.05 34.65
Dec 2021 364302.2999147526 1.78 34.42
Jan 2022 370882.8596463669 1.81 34.03
Feb 2022 378267.59111981065 1.99 33.78
Mar 2022 387048.9651178086 2.32 33.53
Apr 2022 396665.6023424303 2.49 33.30
May 2022 405941.1328122141 2.34 32.48
Jun 2022 413645.35400325386 1.90 30.99
Jul 2022 417300.9702117487 0.88 28.26
Aug 2022 416181.4971411668 -0.27 24.41
Sep 2022 410533.88444112474 -1.36 19.71
Oct 2022 403045.07561443833 -1.82 14.91
Nov 2022 394535.3402215282 -2.11 10.23
Dec 2022 386107.609437349 -2.14 5.99
Jan 2023 378091.70070531126 -2.08 1.94
Feb 2023 371734.77381421573 -1.68 -1.73
Mar 2023 367789.2395426929 -1.06 -4.98
Apr 2023 366074.68477687176 -0.47 -7.71
May 2023 366165.0226618172 0.03 -9.80
Jun 2023 367696.86041549133 0.42 -11.11
Jul 2023 370249.70459057746 0.69 -11.27
Aug 2023 373323.3042947661 0.83 -10.30
Sep 2023 376036.7724356164 0.73 -8.40
Oct 2023 378162.30932072876 0.56 -6.17
Nov 2023 379709.1168403371 0.41 -3.76
Dec 2023 380778.4619647684 0.28 -1.38
Jan 2024 381574.4042248816 0.21 0.92
Feb 2024 382475.9763761523 0.24 2.89
Mar 2024 383664.41901751497 0.31 4.32
Apr 2024 384762.9949245341 0.29 5.11
May 2024 385706.6020647192 0.25 5.34
Jun 2024 386130.90703798225 0.11 5.01
Jul 2024 386421.0411251031 0.08 4.37
Aug 2024 386162.653315098 -0.07 3.44
Sep 2024 385323.77640856634 -0.22 2.47
Oct 2024 384192.83984747855 -0.29 1.60
Nov 2024 383180.67375896516 -0.26 0.91
Dec 2024 382702.1854766969 -0.12 0.51
Jan 2025 382080.06227822945 -0.16 0.13
Feb 2025 380773.22555626865 -0.34 -0.44
Mar 2025 378718.1972319469 -0.54 -1.29
Apr 2025 376807.2110862078 -0.50 -2.07
May 2025 374952.46590473066 -0.49 -2.79
Jun 2025 373182.1485448601 -0.47 -3.35
Jul 2025 371426.2579926038 -0.47 -3.88
Aug 2025 369925.28496183874 -0.40 -4.20
Sep 2025 368728.75987725914 -0.32 -4.31
Oct 2025 367434.5423324769 -0.35 -4.36
Nov 2025 366562.47692957363 -0.24 -4.34
Dec 2025 366200.1845240446 -0.10 -4.31
Jan 2026 366242.57497574267 0.01 -4.14
Feb 2026 366658.8475131767 0.11 -3.71