Zip Code: 85044 (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 85044 Zip Code (Phoenix, Arizona) in February 2026 was $476,836.655. The month over month percentage change (MoM) was 0.17%, and the year over year percentage change (YoY) was -1.92%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85044 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 85044 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: 85044 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85044 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 241826.0336198204 0.22 3.66
Feb 2015 242775.46989934504 0.39 3.10
Mar 2015 244228.0386517376 0.60 2.65
Apr 2015 245991.5714096464 0.72 2.55
May 2015 247983.8904914458 0.81 2.85
Jun 2015 249726.3161840155 0.70 3.36
Jul 2015 251646.58238337023 0.77 4.22
Aug 2015 253484.24135180388 0.73 5.07
Sep 2015 255509.1397679605 0.80 5.94
Oct 2015 257335.8520468409 0.72 6.78
Nov 2015 259240.88971724585 0.74 7.55
Dec 2015 261023.36919230115 0.69 8.18
Jan 2016 263029.53701081016 0.77 8.77
Feb 2016 264633.9898346411 0.61 9.00
Mar 2016 265316.56062076 0.26 8.64
Apr 2016 265713.43199494894 0.15 8.02
May 2016 266139.9751727288 0.16 7.32
Jun 2016 266935.8702239101 0.30 6.89
Jul 2016 267508.2689958874 0.21 6.30
Aug 2016 267769.31819720956 0.10 5.64
Sep 2016 268227.1585788604 0.17 4.98
Oct 2016 268775.9718948595 0.21 4.45
Nov 2016 269322.49143362866 0.20 3.89
Dec 2016 269839.233934681 0.19 3.38
Jan 2017 270327.2583793019 0.18 2.77
Feb 2017 271382.79272579117 0.39 2.55
Mar 2017 272688.91811136 0.48 2.78
Apr 2017 274215.82423621364 0.56 3.20
May 2017 275388.829251863 0.43 3.48
Jun 2017 276412.7712872427 0.37 3.55
Jul 2017 277367.42152216873 0.35 3.69
Aug 2017 278446.5966858592 0.39 3.99
Sep 2017 279927.4615354909 0.53 4.36
Oct 2017 281459.225427512 0.55 4.72
Nov 2017 282754.8110760828 0.46 4.99
Dec 2017 283974.17281098716 0.43 5.24
Jan 2018 285568.09699701105 0.56 5.64
Feb 2018 287507.0060126531 0.68 5.94
Mar 2018 289346.4355722561 0.64 6.11
Apr 2018 290903.5462493806 0.54 6.09
May 2018 292682.36870544456 0.61 6.28
Jun 2018 294627.5788955143 0.67 6.59
Jul 2018 296856.4573742911 0.76 7.03
Aug 2018 298744.86656547565 0.64 7.29
Sep 2018 300437.8689717659 0.57 7.33
Oct 2018 301634.59119347803 0.40 7.17
Nov 2018 302574.0797097155 0.31 7.01
Dec 2018 303325.0254347132 0.25 6.81
Jan 2019 304426.4902106989 0.36 6.60
Feb 2019 305694.77892507735 0.42 6.33
Mar 2019 306786.6415541516 0.36 6.03
Apr 2019 307604.32177114097 0.27 5.74
May 2019 308394.347117356 0.26 5.37
Jun 2019 309284.2091619868 0.29 4.97
Jul 2019 310210.1073210314 0.30 4.50
Aug 2019 311402.8766729484 0.39 4.24
Sep 2019 313150.6089595545 0.56 4.23
Oct 2019 315167.3213434075 0.64 4.49
Nov 2019 317446.27000073943 0.72 4.92
Dec 2019 319618.94003748015 0.68 5.37
Jan 2020 322559.87163678015 0.92 5.96
Feb 2020 325831.7259363136 1.01 6.59
Mar 2020 329813.12274532067 1.22 7.51
Apr 2020 333358.223101981 1.08 8.37
May 2020 336139.34810497373 0.83 9.00
Jun 2020 337942.3728360369 0.54 9.27
Jul 2020 339797.0465151236 0.55 9.54
Aug 2020 342866.10803583264 0.90 10.10
Sep 2020 347865.8147403143 1.46 11.09
Oct 2020 353811.4334143086 1.71 12.26
Nov 2020 359996.44533975003 1.75 13.40
Dec 2020 365870.92352578137 1.63 14.47
Jan 2021 371614.7182487363 1.57 15.21
Feb 2021 377904.8441912765 1.69 15.98
Mar 2021 385284.4041336773 1.95 16.82
Apr 2021 393695.16724736686 2.18 18.10
May 2021 403632.0732258975 2.52 20.08
Jun 2021 414228.7556391279 2.63 22.57
Jul 2021 424474.0787486842 2.47 24.92
Aug 2021 433023.60329182446 2.01 26.30
Sep 2021 440055.93979836226 1.62 26.50
Oct 2021 446287.96834289376 1.42 26.14
Nov 2021 452417.96630697465 1.37 25.67
Dec 2021 458262.9965413872 1.29 25.25
Jan 2022 465089.1110233602 1.49 25.15
Feb 2022 473371.21544522495 1.78 25.26
Mar 2022 484028.7426918245 2.25 25.63
Apr 2022 495759.4044225605 2.42 25.93
May 2022 507294.3415160789 2.33 25.68
Jun 2022 516600.72650514817 1.84 24.71
Jul 2022 521035.9080710002 0.86 22.75
Aug 2022 519061.06693052506 -0.38 19.87
Sep 2022 511781.67928436416 -1.40 16.30
Oct 2022 503197.87140646717 -1.68 12.75
Nov 2022 494849.35870979 -1.66 9.38
Dec 2022 487206.1125142959 -1.54 6.32
Jan 2023 480245.01470485545 -1.43 3.26
Feb 2023 475003.3978794999 -1.09 0.35
Mar 2023 472561.2883761271 -0.51 -2.37
Apr 2023 472207.9736627017 -0.07 -4.75
May 2023 473626.8118655675 0.30 -6.64
Jun 2023 476343.5535130627 0.57 -7.79
Jul 2023 479795.78139894665 0.73 -7.91
Aug 2023 483495.4097369343 0.77 -6.85
Sep 2023 486482.8811341634 0.62 -4.94
Oct 2023 489053.657754906 0.53 -2.81
Nov 2023 490873.76291475334 0.37 -0.80
Dec 2023 491490.8064133798 0.13 0.88
Jan 2024 491374.0056112621 -0.02 2.32
Feb 2024 491772.78274328803 0.08 3.53
Mar 2024 493636.0079144654 0.38 4.46
Apr 2024 495988.78836836247 0.48 5.04
May 2024 497789.88801395503 0.36 5.10
Jun 2024 497813.3934578066 0.01 4.51
Jul 2024 496693.8512687479 -0.22 3.52
Aug 2024 494621.1769147133 -0.42 2.30
Sep 2024 492915.9156805679 -0.34 1.32
Oct 2024 491372.5668571485 -0.31 0.47
Nov 2024 490046.3637492351 -0.27 -0.17
Dec 2024 488992.5021127953 -0.21 -0.51
Jan 2025 487784.13325370714 -0.25 -0.73
Feb 2025 486159.2076311933 -0.33 -1.14
Mar 2025 483839.32895155327 -0.48 -1.98
Apr 2025 481758.3017294775 -0.43 -2.87
May 2025 479879.9750594773 -0.39 -3.60
Jun 2025 477969.76981387124 -0.40 -3.99
Jul 2025 475914.2348943421 -0.43 -4.18
Aug 2025 474323.80748392805 -0.33 -4.10
Sep 2025 473397.4039536169 -0.19 -3.96
Oct 2025 473235.81568406406 -0.03 -3.69
Nov 2025 473864.4163175726 0.13 -3.30
Dec 2025 475040.7389852185 0.25 -2.85
Jan 2026 476037.4211970977 0.21 -2.41
Feb 2026 476836.65509220585 0.17 -1.92