Zip Code: 85051 (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 85051 Zip Code (Phoenix, Arizona) in February 2026 was $341,886.422. The month over month percentage change (MoM) was 0.09%, and the year over year percentage change (YoY) was -4.22%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85051 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 85051 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: 85051 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85051 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 133079.38620248224 0.61 7.87
Feb 2015 133850.9683564886 0.58 6.66
Mar 2015 134771.90927240442 0.69 5.81
Apr 2015 136304.57169607817 1.14 5.96
May 2015 138040.26757796083 1.27 6.65
Jun 2015 139915.10586301924 1.36 7.76
Jul 2015 141529.24410729302 1.15 8.89
Aug 2015 143283.30383019344 1.24 9.99
Sep 2015 145485.91939977425 1.54 11.29
Oct 2015 147785.57093330895 1.58 12.68
Nov 2015 150241.90008135937 1.66 14.11
Dec 2015 152452.41075074073 1.47 15.26
Jan 2016 154999.63458404344 1.67 16.47
Feb 2016 157477.33452862804 1.60 17.65
Mar 2016 159454.19506566742 1.25 18.31
Apr 2016 160729.8393964622 0.80 17.92
May 2016 161524.88919098699 0.50 17.01
Jun 2016 162338.76936831835 0.50 16.03
Jul 2016 163251.55654781638 0.56 15.35
Aug 2016 164304.43617046176 0.65 14.67
Sep 2016 165752.25653694908 0.88 13.93
Oct 2016 167193.7702895154 0.87 13.13
Nov 2016 168590.04466577552 0.84 12.21
Dec 2016 169774.02964035273 0.70 11.36
Jan 2017 171043.33238869696 0.75 10.35
Feb 2017 172449.33019505042 0.82 9.51
Mar 2017 174006.39503494144 0.90 9.13
Apr 2017 175522.71663210346 0.87 9.20
May 2017 176777.1636356243 0.72 9.44
Jun 2017 177986.67946309596 0.68 9.64
Jul 2017 179058.79834375135 0.60 9.68
Aug 2017 180276.4398869841 0.68 9.72
Sep 2017 181511.19747605233 0.69 9.51
Oct 2017 182706.99820775414 0.66 9.28
Nov 2017 183963.57118759633 0.69 9.12
Dec 2017 185198.68065703413 0.67 9.09
Jan 2018 187009.6469356283 0.98 9.34
Feb 2018 189017.4197683419 1.07 9.61
Mar 2018 191091.78749622763 1.10 9.82
Apr 2018 192613.226675635 0.80 9.74
May 2018 194102.18710968862 0.77 9.80
Jun 2018 195643.89244369432 0.79 9.92
Jul 2018 197482.48123309718 0.94 10.29
Aug 2018 199203.96851816645 0.87 10.50
Sep 2018 200888.13723278648 0.85 10.68
Oct 2018 202308.0317168143 0.71 10.73
Nov 2018 203808.81058860107 0.74 10.79
Dec 2018 205169.2758593535 0.67 10.78
Jan 2019 207136.83518382753 0.96 10.76
Feb 2019 209570.52524299896 1.18 10.87
Mar 2019 211991.95982673633 1.16 10.94
Apr 2019 213957.9038617293 0.93 11.08
May 2019 215142.45671993436 0.55 10.84
Jun 2019 216153.20945934908 0.47 10.48
Jul 2019 216821.38480734438 0.31 9.79
Aug 2019 217609.0779861712 0.36 9.24
Sep 2019 218453.72269314365 0.39 8.74
Oct 2019 219777.33243212427 0.61 8.64
Nov 2019 221605.82295579498 0.83 8.73
Dec 2019 223694.3123192913 0.94 9.03
Jan 2020 226535.70224480433 1.27 9.37
Feb 2020 230173.37956806459 1.61 9.83
Mar 2020 234491.71138723035 1.88 10.61
Apr 2020 238187.50425262447 1.58 11.32
May 2020 240515.8718760045 0.98 11.79
Jun 2020 241416.9388030055 0.38 11.69
Jul 2020 242253.86145069016 0.35 11.73
Aug 2020 243870.76943015552 0.67 12.07
Sep 2020 247470.79920951233 1.48 13.28
Oct 2020 251896.60626767887 1.79 14.61
Nov 2020 257039.08844271224 2.04 15.99
Dec 2020 261994.98227015496 1.93 17.12
Jan 2021 267050.21603889327 1.93 17.88
Feb 2021 272266.02859138144 1.95 18.29
Mar 2021 278267.1047034262 2.20 18.67
Apr 2021 284650.2503094968 2.29 19.51
May 2021 291665.72398653097 2.47 21.27
Jun 2021 299383.1351594675 2.65 24.01
Jul 2021 307447.4242186655 2.69 26.91
Aug 2021 314724.41071104317 2.37 29.05
Sep 2021 320539.81376279803 1.85 29.53
Oct 2021 325628.20577001193 1.59 29.27
Nov 2021 330930.53228464857 1.63 28.75
Dec 2021 336186.77563456027 1.59 28.32
Jan 2022 341845.6240627749 1.68 28.01
Feb 2022 348238.53591472533 1.87 27.90
Mar 2022 356010.77129578585 2.23 27.94
Apr 2022 364368.9486790737 2.35 28.01
May 2022 372293.8615157244 2.17 27.64
Jun 2022 378791.7583322686 1.75 26.52
Jul 2022 381803.67471564264 0.80 24.19
Aug 2022 380541.94695541076 -0.33 20.91
Sep 2022 375406.53603003867 -1.35 17.12
Oct 2022 368903.86597888294 -1.73 13.29
Nov 2022 361762.97472428385 -1.94 9.32
Dec 2022 354512.496662839 -2.00 5.45
Jan 2023 347564.95072332077 -1.96 1.67
Feb 2023 342245.9996721926 -1.53 -1.72
Mar 2023 339745.44665812654 -0.73 -4.57
Apr 2023 339301.8299106313 -0.13 -6.88
May 2023 340313.879633875 0.30 -8.59
Jun 2023 342011.2539471195 0.50 -9.71
Jul 2023 344611.83978250844 0.76 -9.74
Aug 2023 348147.2019058988 1.03 -8.51
Sep 2023 351419.4195574788 0.94 -6.39
Oct 2023 354325.62162764027 0.83 -3.95
Nov 2023 356435.298536049 0.60 -1.47
Dec 2023 357801.01424171956 0.38 0.93
Jan 2024 358520.1640820303 0.20 3.15
Feb 2024 359155.91356701293 0.18 4.94
Mar 2024 360396.59293951193 0.35 6.08
Apr 2024 362146.12904190616 0.49 6.73
May 2024 363686.453256198 0.43 6.87
Jun 2024 364580.1850108316 0.25 6.60
Jul 2024 364550.50379557366 -0.01 5.79
Aug 2024 363810.3419396452 -0.20 4.50
Sep 2024 362732.2114535637 -0.30 3.22
Oct 2024 361623.06450372067 -0.31 2.06
Nov 2024 360625.0209388538 -0.28 1.18
Dec 2024 360005.49117473577 -0.17 0.62
Jan 2025 359015.86819729145 -0.28 0.14
Feb 2025 356945.1943206313 -0.58 -0.62
Mar 2025 353726.222580563 -0.90 -1.85
Apr 2025 350931.09069752885 -0.79 -3.10
May 2025 349015.79081814387 -0.55 -4.03
Jun 2025 347328.23179756897 -0.48 -4.73
Jul 2025 345569.93642407213 -0.51 -5.21
Aug 2025 343754.05293408065 -0.52 -5.51
Sep 2025 342521.94627730217 -0.36 -5.57
Oct 2025 341726.35751191975 -0.23 -5.50
Nov 2025 341433.43423100066 -0.09 -5.32
Dec 2025 341512.93505473755 0.02 -5.14
Jan 2026 341593.19112592534 0.02 -4.85
Feb 2026 341886.4216923711 0.09 -4.22