Phoenix (City), Arizona - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Top Tier Zillow home value index (ZHVI) for All Homes in Phoenix (City), Arizona in February 2026 was $661,766.015. The month over month percentage change (MoM) was 0.31%, and the year over year percentage change (YoY) was -0.51%.

The chart below shows the trend of the top tier ZHVI for all homes in Phoenix (City), AZ. The table below shows the trend of the top tier ZHVI, and the MoM and YoY percentage changes for all homes in Phoenix (City), AZ.

You can see similar information for other Arizona cities, and for Arizona.

Note: The Top Tier Zillow Home Value Index (ZHVI) for all Homes 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 65th to 95th percentile range.

Data Source: Zillow.
Phoenix (City), AZ - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier ($)
Phoenix (City), AZ - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 327299.75057816546 0.28 3.29
Feb 2015 328520.04429897346 0.37 2.72
Mar 2015 330169.6782123864 0.50 2.28
Apr 2015 331608.2411195405 0.44 2.16
May 2015 333292.5163022704 0.51 2.40
Jun 2015 334872.1779393502 0.47 2.83
Jul 2015 336997.3691948955 0.64 3.52
Aug 2015 339287.7796353868 0.68 4.28
Sep 2015 341990.2118977066 0.80 5.08
Oct 2015 344650.86948765744 0.78 5.89
Nov 2015 347239.83354048984 0.75 6.54
Dec 2015 349545.981445787 0.66 7.09
Jan 2016 352330.74463789706 0.80 7.65
Feb 2016 354753.94708192366 0.69 7.99
Mar 2016 356166.1398796213 0.40 7.87
Apr 2016 356517.9146859746 0.10 7.51
May 2016 356674.0619508461 0.04 7.02
Jun 2016 357178.58310648944 0.14 6.66
Jul 2016 357841.4409843515 0.19 6.19
Aug 2016 358379.8101671843 0.15 5.63
Sep 2016 359222.35983440763 0.24 5.04
Oct 2016 360310.5474034597 0.30 4.54
Nov 2016 361574.6285155848 0.35 4.13
Dec 2016 363057.5345207534 0.41 3.87
Jan 2017 364388.71516753285 0.37 3.42
Feb 2017 366152.5580888192 0.48 3.21
Mar 2017 368088.0891472683 0.53 3.35
Apr 2017 370213.2903009273 0.58 3.84
May 2017 371805.10837421246 0.43 4.24
Jun 2017 373126.42552192643 0.36 4.47
Jul 2017 374339.1460838304 0.33 4.61
Aug 2017 375854.91357162804 0.41 4.88
Sep 2017 377632.43722862116 0.47 5.13
Oct 2017 379354.965385692 0.46 5.29
Nov 2017 380631.6735833341 0.34 5.27
Dec 2017 381804.8704428472 0.31 5.16
Jan 2018 383448.40283422446 0.43 5.23
Feb 2018 385427.08354571136 0.52 5.26
Mar 2018 387316.29606346326 0.49 5.22
Apr 2018 388974.42645820585 0.43 5.07
May 2018 391092.4425166009 0.55 5.19
Jun 2018 393557.98341115174 0.63 5.48
Jul 2018 396394.3449182546 0.72 5.89
Aug 2018 398943.83498937375 0.64 6.14
Sep 2018 401423.99502348417 0.62 6.30
Oct 2018 403417.7672034216 0.50 6.34
Nov 2018 405102.8375757549 0.42 6.43
Dec 2018 406443.022790219 0.33 6.45
Jan 2019 407716.4316875269 0.31 6.33
Feb 2019 409180.4036333745 0.36 6.16
Mar 2019 410443.83345547254 0.31 5.97
Apr 2019 411558.9388255512 0.27 5.81
May 2019 412125.8303421314 0.14 5.38
Jun 2019 412606.22945437167 0.12 4.84
Jul 2019 412968.3030084703 0.09 4.18
Aug 2019 413922.0627113375 0.23 3.75
Sep 2019 415657.37074438535 0.42 3.55
Oct 2019 418039.4975530161 0.57 3.62
Nov 2019 420876.8505066696 0.68 3.89
Dec 2019 423594.2009922499 0.65 4.22
Jan 2020 427163.64630175754 0.84 4.77
Feb 2020 431211.9869769358 0.95 5.38
Mar 2020 436009.4236608497 1.11 6.23
Apr 2020 440185.09683123574 0.96 6.96
May 2020 443021.3559747995 0.64 7.50
Jun 2020 444657.00447779155 0.37 7.77
Jul 2020 446594.43278096226 0.44 8.14
Aug 2020 450477.06332923775 0.87 8.83
Sep 2020 457004.77008564555 1.45 9.95
Oct 2020 464944.08381732815 1.74 11.22
Nov 2020 473486.0064211814 1.84 12.50
Dec 2020 481808.2566729496 1.76 13.74
Jan 2021 489730.0555360203 1.64 14.65
Feb 2021 498119.5411160426 1.71 15.52
Mar 2021 507888.2284787167 1.96 16.49
Apr 2021 519834.15530389454 2.35 18.09
May 2021 534355.2416024996 2.79 20.62
Jun 2021 550082.5055785284 2.94 23.71
Jul 2021 564686.354411204 2.66 26.44
Aug 2021 576458.6549621784 2.09 27.97
Sep 2021 585763.2670227633 1.61 28.17
Oct 2021 593985.5577670741 1.40 27.75
Nov 2021 601993.0030565964 1.35 27.14
Dec 2021 609559.5852361935 1.26 26.52
Jan 2022 618479.3774379903 1.46 26.29
Feb 2022 629720.0661620902 1.82 26.42
Mar 2022 644763.9618413112 2.39 26.95
Apr 2022 661808.8935083365 2.64 27.31
May 2022 678841.4142897682 2.57 27.04
Jun 2022 692100.3176844572 1.95 25.82
Jul 2022 697790.1562512511 0.82 23.57
Aug 2022 694671.0286711175 -0.45 20.51
Sep 2022 684895.419776444 -1.41 16.92
Oct 2022 674158.2282819777 -1.57 13.50
Nov 2022 663482.1617591276 -1.58 10.21
Dec 2022 653454.3996152581 -1.51 7.20
Jan 2023 643243.8359170608 -1.56 4.00
Feb 2023 635494.7348829267 -1.20 0.92
Mar 2023 631657.218284317 -0.60 -2.03
Apr 2023 631395.9627779027 -0.04 -4.59
May 2023 633487.3577020159 0.33 -6.68
Jun 2023 637222.0388319 0.59 -7.93
Jul 2023 642056.5699234403 0.76 -7.99
Aug 2023 647323.9853858327 0.82 -6.82
Sep 2023 652290.6476935903 0.77 -4.76
Oct 2023 657090.1286316147 0.74 -2.53
Nov 2023 661055.8127122899 0.60 -0.37
Dec 2023 663296.888127902 0.34 1.51
Jan 2024 663699.2917695567 0.06 3.18
Feb 2024 664283.874839595 0.09 4.53
Mar 2024 666603.5212844363 0.35 5.53
Apr 2024 670154.8420623409 0.53 6.14
May 2024 673219.8162999675 0.46 6.27
Jun 2024 673885.0202758848 0.10 5.75
Jul 2024 673011.3955652774 -0.13 4.82
Aug 2024 671085.6063600065 -0.29 3.67
Sep 2024 669519.33040737 -0.23 2.64
Oct 2024 668486.2553489354 -0.15 1.73
Nov 2024 668039.9445619276 -0.07 1.06
Dec 2024 667887.2597912689 -0.02 0.69
Jan 2025 666954.7226719164 -0.14 0.49
Feb 2025 665182.7151511963 -0.27 0.14
Mar 2025 662896.5950316199 -0.34 -0.56
Apr 2025 661197.9346317291 -0.26 -1.34
May 2025 659603.4905487602 -0.24 -2.02
Jun 2025 657791.80357427 -0.28 -2.39
Jul 2025 655531.1770856191 -0.34 -2.60
Aug 2025 653556.8747589458 -0.30 -2.61
Sep 2025 652560.6898602196 -0.15 -2.53
Oct 2025 652897.9727449063 0.05 -2.33
Nov 2025 654533.3325298574 0.25 -2.02
Dec 2025 657095.8081634911 0.39 -1.62
Jan 2026 659695.9305707273 0.40 -1.09
Feb 2026 661766.0147694341 0.31 -0.51