Zip Code: 85054 (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 85054 Zip Code (Phoenix, Arizona) in February 2026 was $719,749.429. The month over month percentage change (MoM) was 0.09%, and the year over year percentage change (YoY) was 1.89%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85054 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 85054 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: 85054 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85054 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 403010.2324654698 0.08 0.71
Feb 2015 403064.2446379681 0.01 0.29
Mar 2015 403442.00779208756 0.09 -0.11
Apr 2015 403639.14406911004 0.05 -0.33
May 2015 403597.1330288883 -0.01 -0.37
Jun 2015 403178.16226717224 -0.10 -0.49
Jul 2015 403432.32181995636 0.06 -0.27
Aug 2015 405073.22314898064 0.41 0.39
Sep 2015 407575.7655803897 0.62 1.28
Oct 2015 410324.04458498163 0.67 2.09
Nov 2015 412440.40242563 0.52 2.53
Dec 2015 413732.6175933704 0.31 2.74
Jan 2016 415164.0916169086 0.35 3.02
Feb 2016 416134.1027491426 0.23 3.24
Mar 2016 416931.6799529369 0.19 3.34
Apr 2016 416776.8712835393 -0.04 3.26
May 2016 416098.8953628482 -0.16 3.10
Jun 2016 414793.56915323535 -0.31 2.88
Jul 2016 413082.89736077446 -0.41 2.39
Aug 2016 411603.2164473019 -0.36 1.61
Sep 2016 410881.0346611576 -0.17 0.81
Oct 2016 411208.30602882063 0.08 0.22
Nov 2016 412198.0274322603 0.24 -0.06
Dec 2016 413418.03240437177 0.30 -0.08
Jan 2017 413713.33737135027 0.07 -0.35
Feb 2017 414113.46437688125 0.10 -0.49
Mar 2017 414238.6040189688 0.03 -0.65
Apr 2017 415109.17417415854 0.21 -0.40
May 2017 415525.0194195965 0.10 -0.14
Jun 2017 416325.9934027567 0.19 0.37
Jul 2017 417150.50535783294 0.20 0.99
Aug 2017 418471.8727313394 0.32 1.67
Sep 2017 420377.9483383433 0.46 2.31
Oct 2017 422299.4723927623 0.46 2.70
Nov 2017 423691.0702380498 0.33 2.79
Dec 2017 424875.3015557696 0.28 2.77
Jan 2018 426463.25174953166 0.37 3.08
Feb 2018 428489.54930278193 0.48 3.47
Mar 2018 430372.6964522178 0.44 3.90
Apr 2018 432270.64163341495 0.44 4.13
May 2018 435037.287950793 0.64 4.70
Jun 2018 438353.7821452366 0.76 5.29
Jul 2018 442028.8872122594 0.84 5.96
Aug 2018 444874.6991661084 0.64 6.31
Sep 2018 447364.0603200569 0.56 6.42
Oct 2018 449075.02426632587 0.38 6.34
Nov 2018 450708.971894902 0.36 6.38
Dec 2018 452017.22067639447 0.29 6.39
Jan 2019 453062.77316699567 0.23 6.24
Feb 2019 453770.21692889446 0.16 5.90
Mar 2019 453590.1445920545 -0.04 5.40
Apr 2019 453084.1109241382 -0.11 4.82
May 2019 452153.6907393563 -0.20 3.93
Jun 2019 451971.30721835373 -0.04 3.11
Jul 2019 452079.198194924 0.02 2.27
Aug 2019 452873.54627761105 0.18 1.80
Sep 2019 454093.84912381414 0.27 1.50
Oct 2019 455884.4234367009 0.39 1.52
Nov 2019 458079.3419104099 0.48 1.64
Dec 2019 460526.8823510663 0.53 1.88
Jan 2020 463730.34056854 0.70 2.36
Feb 2020 467090.68438090413 0.73 2.94
Mar 2020 470717.010181384 0.78 3.78
Apr 2020 473728.8252279681 0.64 4.56
May 2020 476293.7608265346 0.54 5.34
Jun 2020 478106.1995218073 0.38 5.78
Jul 2020 480033.71757153777 0.40 6.18
Aug 2020 482563.3246582453 0.53 6.56
Sep 2020 487023.35470227775 0.92 7.25
Oct 2020 492770.89125402435 1.18 8.09
Nov 2020 499715.54775438644 1.41 9.09
Dec 2020 506134.900649953 1.29 9.90
Jan 2021 511677.6435543017 1.10 10.34
Feb 2021 517084.50856891886 1.06 10.70
Mar 2021 524302.7858023009 1.40 11.38
Apr 2021 534525.1815225922 1.95 12.83
May 2021 548289.3524873299 2.58 15.12
Jun 2021 564061.6616961517 2.88 17.98
Jul 2021 579637.2193259319 2.76 20.75
Aug 2021 593007.0932379301 2.31 22.89
Sep 2021 603794.3133164505 1.82 23.98
Oct 2021 613870.029933616 1.67 24.58
Nov 2021 623699.7132341819 1.60 24.81
Dec 2021 634207.782382249 1.69 25.30
Jan 2022 645942.5338134267 1.85 26.24
Feb 2022 660845.0150959963 2.31 27.80
Mar 2022 679409.1192907948 2.81 29.58
Apr 2022 699362.939546451 2.94 30.84
May 2022 718313.9435865576 2.71 31.01
Jun 2022 732754.9532454513 2.01 29.91
Jul 2022 740498.3103655629 1.06 27.75
Aug 2022 739056.6068626754 -0.19 24.63
Sep 2022 731098.2147432202 -1.08 21.08
Oct 2022 721494.4170050084 -1.31 17.53
Nov 2022 712188.5825536518 -1.29 14.19
Dec 2022 703590.5784367775 -1.21 10.94
Jan 2023 695536.4687234774 -1.14 7.68
Feb 2023 689388.5857888052 -0.88 4.32
Mar 2023 686495.7655298156 -0.42 1.04
Apr 2023 685168.616617639 -0.19 -2.03
May 2023 686061.2114538568 0.13 -4.49
Jun 2023 688228.8308362742 0.32 -6.08
Jul 2023 691990.0573524545 0.55 -6.55
Aug 2023 695939.3348480546 0.57 -5.83
Sep 2023 699661.9018564556 0.54 -4.30
Oct 2023 702884.8223137477 0.46 -2.58
Nov 2023 705449.3306383196 0.37 -0.95
Dec 2023 706519.120788178 0.15 0.42
Jan 2024 706777.8023552736 0.04 1.62
Feb 2024 706778.8208871642 0.00 2.52
Mar 2024 708267.8634629314 0.21 3.17
Apr 2024 710425.1562903296 0.31 3.69
May 2024 712661.2488582217 0.32 3.88
Jun 2024 712832.0346627341 0.02 3.58
Jul 2024 711337.2362302998 -0.21 2.80
Aug 2024 709421.3446225574 -0.27 1.94
Sep 2024 707504.9160324899 -0.27 1.12
Oct 2024 706991.5289394384 -0.07 0.58
Nov 2024 706723.1372923347 -0.04 0.18
Dec 2024 706839.4934145749 0.02 0.05
Jan 2025 706472.8688047202 -0.05 -0.04
Feb 2025 706412.1914596129 -0.01 -0.05
Mar 2025 706775.0367822008 0.05 -0.21
Apr 2025 707589.2178771341 0.12 -0.40
May 2025 707888.54197212 0.04 -0.67
Jun 2025 708781.854765911 0.13 -0.57
Jul 2025 709420.3332325654 0.09 -0.27
Aug 2025 710869.3996593511 0.20 0.20
Sep 2025 711619.1916146482 0.11 0.58
Oct 2025 712732.2509934697 0.16 0.81
Nov 2025 714231.65937234 0.21 1.06
Dec 2025 716855.3373337932 0.37 1.42
Jan 2026 719094.5382697382 0.31 1.79
Feb 2026 719749.4288489966 0.09 1.89