Zip Code: 85123 (Arizona City, 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 85123 Zip Code (Arizona City, Arizona) in February 2026 was $248,599.913. The month over month percentage change (MoM) was -0.05%, and the year over year percentage change (YoY) was -4.95%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85123 zip code (Arizona City, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 85123 zip code (Arizona City, 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: 85123 (Arizona City, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85123 (Arizona City, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 85550.26125816231 -0.26 7.00
Feb 2015 85347.92880502772 -0.24 6.66
Mar 2015 85791.42026422427 0.52 6.61
Apr 2015 86798.85817086611 1.17 6.48
May 2015 88254.10509111133 1.68 6.38
Jun 2015 89464.84051419026 1.37 6.03
Jul 2015 90610.94142219558 1.28 6.14
Aug 2015 91388.54890837702 0.86 6.49
Sep 2015 92117.83630111137 0.80 7.17
Oct 2015 92633.08776524151 0.56 7.89
Nov 2015 93122.14989506721 0.53 8.37
Dec 2015 93630.42718857511 0.55 9.16
Jan 2016 95173.71369848041 1.65 11.25
Feb 2016 97298.0003569852 2.23 14.00
Mar 2016 99576.27124615503 2.34 16.07
Apr 2016 100922.23232966875 1.35 16.27
May 2016 101747.51531175978 0.82 15.29
Jun 2016 102252.2349549024 0.50 14.29
Jul 2016 102558.20682660355 0.30 13.19
Aug 2016 102739.50004558357 0.18 12.42
Sep 2016 103103.33289635355 0.35 11.93
Oct 2016 103512.59775242543 0.40 11.75
Nov 2016 104072.13176280324 0.54 11.76
Dec 2016 104545.31177022647 0.46 11.66
Jan 2017 105149.43861998973 0.58 10.48
Feb 2017 105636.3065271006 0.46 8.57
Mar 2017 106622.77441362715 0.93 7.08
Apr 2017 107982.01019334345 1.27 7.00
May 2017 109702.53867667793 1.59 7.82
Jun 2017 111477.23805765521 1.62 9.02
Jul 2017 113169.8679823026 1.52 10.35
Aug 2017 114851.61641871206 1.49 11.79
Sep 2017 116336.7621115551 1.29 12.84
Oct 2017 117866.15260209069 1.32 13.87
Nov 2017 119369.08186467033 1.27 14.70
Dec 2017 120839.66116394733 1.23 15.59
Jan 2018 121956.41719047552 0.92 15.98
Feb 2018 123076.06946006429 0.92 16.51
Mar 2018 124498.51405684945 1.16 16.77
Apr 2018 126142.34949896556 1.32 16.82
May 2018 128104.5615946278 1.56 16.77
Jun 2018 129895.0042238355 1.40 16.52
Jul 2018 131821.74468970808 1.48 16.48
Aug 2018 133350.65692857793 1.16 16.11
Sep 2018 134623.11649469554 0.95 15.72
Oct 2018 135722.79348465215 0.82 15.15
Nov 2018 136967.67115086576 0.92 14.74
Dec 2018 138336.64481875187 1.00 14.48
Jan 2019 141019.47258222455 1.94 15.63
Feb 2019 144479.43156220866 2.45 17.39
Mar 2019 148193.1627971545 2.57 19.03
Apr 2019 150539.5763379738 1.58 19.34
May 2019 151926.58952425906 0.92 18.60
Jun 2019 153069.36782807758 0.75 17.84
Jul 2019 154228.8024727448 0.76 17.00
Aug 2019 155357.63345308162 0.73 16.50
Sep 2019 156152.89667959642 0.51 15.99
Oct 2019 156832.74324968903 0.44 15.55
Nov 2019 157333.47247235867 0.32 14.87
Dec 2019 157918.32200958685 0.37 14.16
Jan 2020 158698.342322917 0.49 12.54
Feb 2020 159728.491987991 0.65 10.55
Mar 2020 160820.78345095788 0.68 8.52
Apr 2020 161846.24087947814 0.64 7.51
May 2020 162856.89252484616 0.62 7.19
Jun 2020 164233.98352652552 0.85 7.29
Jul 2020 166138.98507568822 1.16 7.72
Aug 2020 168569.65523049713 1.46 8.50
Sep 2020 171670.3817119949 1.84 9.94
Oct 2020 175271.90256898882 2.10 11.76
Nov 2020 179235.79844000353 2.26 13.92
Dec 2020 183060.40063277018 2.13 15.92
Jan 2021 186877.80759024085 2.09 17.76
Feb 2021 191194.4897225937 2.31 19.70
Mar 2021 196190.4182326031 2.61 21.99
Apr 2021 202100.30959917963 3.01 24.87
May 2021 209026.49482258002 3.43 28.35
Jun 2021 217369.29445349393 3.99 32.35
Jul 2021 226041.40797850283 3.99 36.06
Aug 2021 233940.62123518807 3.50 38.78
Sep 2021 240396.82449467387 2.76 40.03
Oct 2021 246163.31128856994 2.40 40.45
Nov 2021 251978.47081377462 2.36 40.59
Dec 2021 257666.0464495424 2.26 40.76
Jan 2022 263381.53827834176 2.22 40.94
Feb 2022 269064.6030490676 2.16 40.73
Mar 2022 274850.5991636414 2.15 40.09
Apr 2022 280538.31133111496 2.07 38.81
May 2022 285635.31538099545 1.82 36.65
Jun 2022 290730.5532161731 1.78 33.75
Jul 2022 294250.07202048134 1.21 30.18
Aug 2022 295124.9649911044 0.30 26.15
Sep 2022 292505.2004949118 -0.89 21.68
Oct 2022 288046.7612969103 -1.52 17.01
Nov 2022 282757.45259853516 -1.84 12.22
Dec 2022 276872.78047739906 -2.08 7.45
Jan 2023 269719.05798937054 -2.58 2.41
Feb 2023 263627.25120549556 -2.26 -2.02
Mar 2023 259178.25467286096 -1.69 -5.70
Apr 2023 257182.50671428713 -0.77 -8.32
May 2023 256111.81806863856 -0.42 -10.34
Jun 2023 256398.17541288605 0.11 -11.81
Jul 2023 257725.08806637223 0.52 -12.41
Aug 2023 259833.116835471 0.82 -11.96
Sep 2023 261704.24787345334 0.72 -10.53
Oct 2023 263142.73679345177 0.55 -8.65
Nov 2023 264331.1286735777 0.45 -6.52
Dec 2023 264653.6725865765 0.12 -4.41
Jan 2024 265434.3392201745 0.30 -1.59
Feb 2024 266097.6110068017 0.25 0.94
Mar 2024 267310.3135830867 0.46 3.14
Apr 2024 268054.3337949423 0.28 4.23
May 2024 268452.8694742062 0.15 4.82
Jun 2024 268462.9164721912 0.00 4.71
Jul 2024 267660.7882563687 -0.30 3.86
Aug 2024 266218.63767644943 -0.54 2.46
Sep 2024 264676.0229384692 -0.58 1.14
Oct 2024 263670.8990035082 -0.38 0.20
Nov 2024 263345.69437443704 -0.12 -0.37
Dec 2024 263362.96813521476 0.01 -0.49
Jan 2025 262867.13664955436 -0.19 -0.97
Feb 2025 261556.19264136514 -0.50 -1.71
Mar 2025 259554.6094812782 -0.76 -2.90
Apr 2025 257571.22983506252 -0.76 -3.91
May 2025 255971.99846638693 -0.62 -4.65
Jun 2025 254568.22853524625 -0.55 -5.18
Jul 2025 253488.04696727547 -0.42 -5.29
Aug 2025 252286.9091584029 -0.47 -5.23
Sep 2025 251285.38290808196 -0.40 -5.06
Oct 2025 250208.82882106374 -0.43 -5.11
Nov 2025 249521.30621342084 -0.28 -5.25
Dec 2025 249004.13030863754 -0.21 -5.45
Jan 2026 248717.32563131672 -0.11 -5.38
Feb 2026 248599.91328967665 -0.05 -4.95